$7,719 Closing Credit*
$650,000
2,816 SqFt
4 Beds
•2 Full Baths, 1 Partial
David Heape, Reese Evans, Listing Office: Keller Williams Realty DPR
Housing Prices in Addison, TX
How much do homes in Addison, TX cost?
Median List Price
$579,250
$273/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$29,250(+5.3%)
Key Takeaway
The list price of homes in Addison has increased by 5.3% since last year.
Summary: The median home list price in Addison was $579,250 in October 2024, up 5.3% from the previous year, and the median price per square foot was $273.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $187K | $199.9K | +6.9% |
| 2 Bedrooms | $399.9K | $440K | +10.0% |
| 3 Bedrooms | $599.5K | $604.5K | +0.8% |
| 4 Bedrooms | $719.9K | $670K | -6.9% |
| 5+ Bedrooms | $1.6M | $2.6M | +63.1% |
Summary: Addison housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 63.1%.
Median List Price Compared To Nearby Cities
| Dallas | $428.6K | $457K | +6.6% |
| Addison | $550K | $579.2K | +5.3% |
| Carrollton | $429.3K | $439.7K | +2.4% |
| Carrollton | $433.5K | $439.9K | +1.5% |
| Farmers Branch | $428.9K | $430K | 0.2% |
Housing Supply in Addison, TX
How many homes are available in Addison, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 | 70 | +9.4% |
Summary: The Addison real estate market had 70 homes for sale in October 2024, a 9.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 13 | 16 | +23.1% |
| 3 Bedrooms | 35 | 38 | +8.6% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Addison housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 8.6%, 4 bedroom homes remained the same, 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 195 Days | 80 Days | -58.9% |
Summary: Homes in Addison had an average listing age of 80 days in Oct 2024, down by 58.9% compared to the previous year.
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