$7,273 Closing Credit*
$612,500
2,360 SqFt
3 Beds
•3 Full Baths
Anna Tonore, Listing Office: League Real Estate
Housing Prices in Addison, TX
How much do homes in Addison, TX cost?
Median List Price
$575,000
$273/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2023
+$35,000(+6.5%)
Key Takeaway
The list price of homes in Addison has increased by 6.5% since last year.
Summary: The median home list price in Addison was $575,000 in August 2024, up 6.5% from the previous year, and the median price per square foot was $273.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189K | $199.4K | +5.5% |
| 2 Bedrooms | $394.9K | $425K | +7.6% |
| 3 Bedrooms | $596.5K | $609K | +2.1% |
| 4 Bedrooms | $719.9K | $771.9K | +7.2% |
| 5+ Bedrooms | $1.6M | $2.4M | +47.7% |
Summary: Addison housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 47.7%.
Median List Price Compared To Nearby Cities
| Addison | $540K | $575K | +6.5% |
| Dallas | $426.5K | $451.1K | +5.8% |
| Carrollton | $427.5K | $437.5K | +2.3% |
| Carrollton | $429.9K | $438.8K | +2.1% |
| Farmers Branch | $439K | $419.9K | -4.3% |
Housing Supply in Addison, TX
How many homes are available in Addison, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 53 | 56 | +5.7% |
Summary: The Addison real estate market had 56 homes for sale in August 2024, a 5.7% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 13 | 17 | +30.8% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Addison housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 30.8%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 50%.
Days on Market for Addison, TX
How long does it take to sell a home in Addison, TX?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 148 Days | 73 Days | -50.4% |
Summary: Homes in Addison had an average listing age of 73 days in Aug 2024, down by 50.4% compared to the previous year.
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