Housing Prices in Addison, TX
How much do homes in Addison, TX cost?
Median List Price
$586,250
$270/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Addison has increased by 11.7% since last year.
Summary: The median home list price in Addison was $586,250 in May 2024, up 11.7% from the previous year, and the median price per square foot was $270.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $199.4K | +7.8% |
| 2 Bedrooms | $399.9K | $418.5K | +4.7% |
| 3 Bedrooms | $579.8K | $622K | +7.3% |
| 4 Bedrooms | $687.4K | $769K | +11.9% |
| 5+ Bedrooms | $1.1M | $2.6M | +131.4% |
Summary: Addison housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 131.4%.
Median List Price Compared To Nearby Cities
| Addison | $525K | $586.2K | +11.7% |
| Dallas | $425.2K | $463.3K | +9.0% |
| Carrollton | $425K | $448K | +5.4% |
| Carrollton | $424.9K | $445.3K | +4.8% |
| Farmers Branch | $434.9K | $429K | -1.4% |
Housing Supply in Addison, TX
How many homes are available in Addison, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 53 | 58 | +9.4% |
Summary: The Addison real estate market had 58 homes for sale in May 2024, a 9.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 25 | 26 | +4.0% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Addison housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Days on Market for Addison, TX
How long does it take to sell a home in Addison, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 160 Days | 62 Days | -60.8% |
Summary: Homes in Addison had an average listing age of 62 days in May 2024, down by 60.8% compared to the previous year.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.