Housing Prices in Addison, TX

How much do homes in Addison, TX cost?

Median List Price

$575,000

$268/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$60,000(+11.7%)

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 $575,000 in March 2024, up 11.7% from the previous year, and the median price per square foot was $268.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $182.4K$194.4K
+6.6%
2 $399.9K$417K
+4.3%
3 $562.5K$609K
+8.3%
4 $675K$725K
+7.4%
5+ $1.1M$2.4M
+113.7%

Summary: Addison housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 113.7%.

Median List Price Compared To Nearby Cities

Addison
+11.7%
Dallas
+5.9%
Farmers Branch
+5.2%
Carrollton
+4.0%
Carrollton
+3.3%

Housing Supply in Addison, TX

How many homes are available in Addison, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4346+7.0%

Summary: The Addison real estate market had 46 homes for sale in March 2024, a 7.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1315
+15.4%
3 2423
-4.2%
4 43
-25.0%
5+ 25
+150.0%

Summary: The Addison housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 150%.

Days on Market for Addison, TX

How long does it take to sell a home in Addison, TX?

Average Listing Age

Mar 2023Mar 2024CHANGE
177 Days82 Days-53.4%

Summary: Homes in Addison had an average listing age of 82 days in Mar 2024, down by 53.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Addison, TX

Nearby Markets to Addison, TX

What housing markets are near Addison, TX?