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Addison, IL Home Values and Rents

The typical home value in Addison is $378,984, 111th highest of 696 cities and towns in Illinois. Median rent is $1,854 a month.

Typical home value
$378,984
111th of 696 in IL
Median rent
$1,854/mo
Zillow observed rent
Price change, 1 year
+3.7%
Sep 2026
Homeownership
67.0%
IL: 67.1%

Home sale prices in the Chicago-Naperville-Elgin, IL-IN area

Zillow median sale price, Sep 2026

$345,909+6.4% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Addison

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodAddison
Sep 2026$378,984
Dec 2025$368,456
Dec 2024$352,787
Dec 2023$335,948
Dec 2022$313,610
Dec 2021$303,503
Dec 2020$280,452
Dec 2019$265,522
Dec 2018$259,199
Dec 2017$251,112
Dec 2016$238,607
Dec 2015$228,532
Dec 2014$218,741
Dec 2013$205,287
Dec 2012$183,772

Over five years, Addison prices changed +25.6%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
160101$338,800$1,241+6.1%+47.9%

Fair Market Rents, FY2027

HUD rent standard for Chicago-Joliet-Naperville, IL HUD Metro FMR Area

IL rents
Unit sizeMonthly rentvs FY2026
Studio$1,678+13.4%
1 bedroom$1,780+12.6%
2 bedrooms$2,011+12.9%
3 bedrooms$2,586+12.7%
4 bedrooms$2,954+11.3%

Frequently asked questions

What is the typical home value in Addison, IL?
The typical home value in Addison is $378,984 (Zillow Home Value Index, Sep 2026). The Illinois median is $263,300.
How much is rent in Addison?
The median rent in Addison is $1,854 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $2,011.
Are home prices going up in Addison?
The typical home value in Addison changed +3.7% over one year and +25.6% over five years, as of Sep 2026.
How does Addison compare with the rest of Illinois?
Addison has the 111th highest median home value of 696 cities and towns with 1,000+ residents in Illinois.
Which ZIP code in Addison has the highest home values?
ZIP code 60101 has the highest median home value at $338,800.