What Addison actually sells for
128 homes sold in Addison over the last twelve months.
Aggregate NTREIS statistics for Addison, updated nightly. No individual listing or address is ever shown.
Addison home sales, the last twelve months
128 homes sold in Addison over the last twelve months, $78.8M in all. The middle price was $547,500 (≈ $3,338/mo with 10% down), a typical home found its buyer in 45 days, and prices here run 37% above the DFW median.
The average runs 12% above the middle, which is the high end of Addison pulling it up. The median is the better read on a typical home; the average is the better read on how much money is moving.
Addison’s numbers, in your inbox every month.
What sold, for how much and how fast, in the part of Addison you care about.
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Which describes you?
Addison at a glance
- The typical home
A 3-bedroom home of about 2,038 square feet, built around 1994.
- What it costs
$547,500 for the home in the middle, 37% above the Dallas-Fort Worth median. About $269 a square foot.
- How fast it moves
45 days to find a buyer for the typical home, and 7.8% of homes sold over their asking price.
- Who has the edge
Neither side. 5.4 months of homes for sale at today's pace of sales, where about six is even.
- The last year
Prices rose 2.2% on the year before, on 7.9% fewer sales.
The people who read these numbers
Every figure on this page comes from the MLS. What a number means for one house, one street or one offer is a conversation, and it is one we have every day.
Talk to Austin and DavisWhose market is Addison?
Supply and demand are roughly matched. Well-priced homes move, overpriced ones sit. Right now that's 58 homes on the market against a pace of 11 sales a month, median asking $485,250.
Addison against the cities next door
The alternative to a house here is usually a house one town over. Here is what that trade actually costs.
Median sale price over the window, for Addison and every city that borders it, and it follows the Median/Average switch at the top of the page. The towns next door are usually the real alternative, and a few minutes' drive can be worth a hundred thousand dollars in either direction.
How Addison moved, month by month
What homes here sold for
Every sale in the window, sorted into price ranges, so you can see where the middle of this market sits.
Most homes sold between $350,000 and $700,000. The median sale was $547,500, the highlighted bar.
Shares are of sales where we hold an asking price to compare against. They do not add to 100%: the rest sold at exactly the asking price, which is about a fifth of all sales. Homes lower down the market were the likelier ones to sell below their asking price. Bands under 20 sales are left out rather than shown on a handful of homes.
How often Addison sellers help with closing costs
Money from the seller toward the buyer's costs often moves before asking prices do, which makes it one of the earliest signs a market is turning.
More sellers are contributing than two years ago. In Addison, 52% of homes sold in the last twelve months came with money from the seller toward the buyer's costs. The typical amount was $4,750, about 0.8% of the sale price.
Share of closed sales where the seller contributed toward the buyer's closing costs, with the typical contribution when one was given. Both the median and the average are taken over the same cleaned set. Based on 128 of the 128 sales that closed in the last twelve months. The rest closed before the MLS recorded this field, and are excluded rather than counted as zero, and 2 entries above 10% of the sale price were dropped as data-entry errors.
Where Addison actually trades
The city median is one number stretched over very different neighborhoods. Here it is broken apart three ways: by the elementary school a home is zoned to, by area on the map, and by the subdivisions with the most sales.
Homes zoned to Anne Frank sold at a median of $997,500, against $537,000 for George Herbert Walker Bush. Same city.
| Elementary zone | Homes sold | Median price | $ / sq ft | Days on market |
|---|---|---|---|---|
| George Herbert Walker Bush | 91 | $537,000 | $275 | 41 |
| Anne Frank | 12 | $997,500 | $283 | 32 |
Addison sales grouped by the elementary school a home is zoned to, which is the boundary most families actually shop against. These zones cover 80% of everything that sold here. Only zones with at least a dozen sales are shown, so every figure rests on real volume. The price column follows the Median/Average switch at the top of the page. School assignment comes from the listing record at the time of sale; boundaries change, so confirm current zoning with the district before relying on it.
| Neighborhood | Homes sold | Median price | $ / sq ft | Days on market |
|---|---|---|---|---|
| Grand Add | 14 | $524,250 | $275 | 45 |
What a typical Addison home looks like
Medians across every Addison sale in the window. Half of what sold was bigger, half smaller.
Addison, in plain questions
What does the median home in Addison cost?
What is the average home price in Addison, and how is it different from the median?
Is Addison a buyer's or a seller's market?
How fast do homes sell in Addison?
How does Addison compare to the rest of DFW?
- Austin
- Davis
These numbers describe the city. Pricing one specific house, or competing for it, needs someone who has walked the comparable homes. That part is on us.
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