$195,000
16301 Ledgemont Ln Apt 181
Addison, TX
2 bd2 ba978 sqft$199/ft²
Condo7.53 acres
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Sarah Mitchell
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Compass Real Estate · Addison, TX
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Addison, TX(512) 555-0184TX License #0512847
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Addison, TX Housing Market
Balanced market-2.0% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Addison, TX is worth $499,363, fell 2.0% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $528,500, -3.0% year over year (through May 2026). With 3.3 months of supply and homes going under contract in about 63 days, Addison is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $499,363 home is about $2,666/mo in principal and interest.
Key numbers for Addison, TX
Typical home value
$499,363
-2.0% in 12 months
Zillow, August 2026
Typical asking rent
$1,563/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$528,500
-3.0% year over year
Redfin, through May 2026
Days on market
63
Slow-moving
Redfin, through May 2026
Active listings
50
3.3 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$82,858
Home costs 6.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.1%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Addison a buyer's or seller's market?
Balanced market3.3 months of supply63 days on market99.1% of asking
Addison, TX is a balanced market, based on 3.3 months of supply and homes selling in about 63 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Addison housing market data show?
Every row below is Redfin's final published month for Addison, TX. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $528,500 |
| Median list price | $542,500 |
| Year-over-year price change | -3.0% |
| Median price per sq ft | $292/sq ft |
| Median days on market | 63 days |
| Active inventory | 50 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 99.1% |
| Homes sold (that month) | 15 |
| New listings (that month) | 16 |
| Listings with a price cut | 38.0% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Addison is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Addison is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Addison home prices moved?
Over the last three years the median sale price in Addison, TX rose 0.7%, from $525,000 to $528,500. The live Zillow value series has fell 2.0% in the last 12 months, which is the more current read now that Redfin's series has stopped. 38.0% of Addison listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.3 months while the sale-to-list ratio slips below its current 99.1%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Addison?
Priced off the typical home value of $499,363 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $99,873 | $399,491 | $2,666/mo |
| 5% | $24,968 | $474,395 | $3,166/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,666, that implies roughly $114,252 a year before you add taxes and insurance. The median household in Addison earns $82,858, about $31,394 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Addison in the next 12 months?
Tell us your timeline. We send the Addison market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Addison?
Typical asking rent in Addison, TX is $1,563/mo, against a typical home value of $499,363. That is a price-to-rent ratio of 26.6x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,666 a month — $1,103 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Addison?
Active listings in Addison, TX went from 64 in May 2025 to 50 in May 2026, a -21.9% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 68 | 26 |
| July 2025 | 70 | 16 |
| August 2025 | 63 | 15 |
| September 2025 | 62 | 16 |
| October 2025 | 63 | 12 |
| November 2025 | 60 | 12 |
| December 2025 | 47 | 9 |
| January 2026 | 45 | 16 |
| February 2026 | 48 | 15 |
| March 2026 | 56 | 20 |
| April 2026 | 52 | 19 |
| May 2026 | 50 | 16 |
Redfin, through May 2026
How does Addison compare to Texas and the U.S.?
Addison homes sell for $528,500 — 48% above the Texas median of $356,100. Against the national median of $410,700, Addison runs 29% higher. Year-over-year, Addison moved -3.0% against Texas's +2.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Addison, TX | $528,500 | -3.0% | 63 days |
| Texas statewide | $356,100 | +2.1% | 56 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Addison
What buyers should watch
- Months of supply, currently 3.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 38.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $500 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $499,363 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Addison listing goes under contract in 63 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.1% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Addison added 16 new listings against 15 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -2.0% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Addison varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Addison
There are currently 50 homes listed for sale in Addison, Texas. The median listing price is $543K. Featured listings range from $195,000 to $770,000.
$439,000
5055 Addison Cir Ph 434
Addison, TX
2 bd2 ba1,735 sqft$253/ft²
Condo1.39 acres
View photos & details
$439,900
5055 Addison Cir Ph 713
Addison, TX
2 bd2 ba1,890 sqft$233/ft²
Condo1.39 acres
View photos & details
$460,000
5055 Addison Cir Ph 426
Addison, TX
2 bd2 ba2,008 sqft$229/ft²
Condo1.39 acres
View photos & details
$525,000
15759 Seabolt Unit 44
Addison, TX
3 bd3 ba2,179 sqft$241/ft²
Condo6.03 acres
View photos & details
$595,000
14605 Dove Ct
Addison, TX
3 bd3 ba2,440 sqft$244/ft²
House4,356 sqft lot
View photos & details
$619,000
3752 Park Pl
Addison, TX
3 bd2 ba2,085 sqft$297/ft²
House5,097 sqft lot
View photos & details
$635,000
4125 N Reserve Cir
Addison, TX
3 bd4 ba2,058 sqft$309/ft²
Townhouse436 sqft lot
View photos & details
$659,000
3913 Bobbin Ln
Addison, TX
3 bd3 ba2,066 sqft$319/ft²
House7,013 sqft lot
View photos & details
$674,000
3824 Park Pl
Addison, TX
4 bd3 ba2,304 sqft$293/ft²
House5,227 sqft lot
View photos & details
$750,000
14971 Oak St
Addison, TX
3 bd4 ba2,287 sqft$328/ft²
Townhouse1,568 sqft lot
View photos & details
$770,000
14956 Oak St
Addison, TX
4 bd5 ba2,644 sqft$291/ft²
Townhouse1,421 sqft lot
View photos & details
Looking to buy in Addison?
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Active listings
50
Homes on market
Median list price
$543K
Avg. days on market
63
Days until sale
New this week
16
Newly listed
Price drops:38.0%of listings
Sale-to-list:99.1%
How much do homes cost in Addison by property type?
How the Addison, TX market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $596,250 | $297/sq ft | 10 | 23 days |
| Condo / co-op | $284,000 | $190/sq ft | 2 | 159 days |
| Townhouse | $440,000 | $240/sq ft | 3 | 73 days |
Who lives in Addison?
American Community Survey estimates for Addison. U.S. Census ACS, 2023
Population
17,128
Households
10,042
Median income
$82,858/yr
Median age
35.6 years
Owner-occupied
17.9%
Median home value
$466,000
Median gross rent
$1,717/mo
Mean commute
24.9 min
17.9% of occupied homes in Addison are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $466,000 against Zillow's $499,363 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,717/mo, below Zillow's $1,563/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Addison?
1 schools tracked · 688 students
The largest public schools serving Addison, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
GEORGE HERBERT WALKER BUSH EL
Grades PK-5 · 688 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Addison, TX?
Ordered by distance from Addison, not by size. Compare Addison side by side with any of them.
Addison housing market FAQ
Is Addison a buyer's or seller's market?
Addison, TX is currently a balanced market. That read comes from 3.3 months of supply, homes going under contract in about 63 days, and sellers getting 99.1% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Addison?
The typical home in Addison, TX is worth $499,363 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $528,500, about $292 per square foot.
Is Addison cheaper than the rest of Texas?
Addison's median sale price of $528,500 is 48% higher than the Texas statewide median of $356,100, and 29% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Addison?
Homes in Addison, TX spent a median of 63 days on market before going under contract, versus 56 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Addison?
At the current 30-year fixed rate of 7.03%, 20% down on a $499,363 home is about $2,666 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $114,252 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $82,858.
Are home prices rising in Addison?
The typical home value in Addison, TX fell 2.0% over the last 12 months, from $509,808 to $499,363 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Addison?
Addison ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Addison?
That depends on your timeline, not on a headline. What the data says today: Addison, TX is a balanced market with 3.3 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 26.6x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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