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
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.