Addison, AL 35540 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Addison, AL—35540

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$172,000

5.6% YoY Growth

Household Income

$51,500

17.4% YoY Growth

Days on Market

108

49.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Addison, AL

Addison, AL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$172,000	5.6%
Single Family	$171,000	4.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Addison, AL

Addison, AL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

6.0%

2 Bedrooms

24.7%

3 Bedrooms

67.3%

4 Bedrooms

2.0%

Property Listings — Addison, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Addison, AL is 98. This is a increase of 182.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$215,000	-20.0%
Listing Count	6	-39.0%
Listings as % of Homes	0.9%	-39.0%
Days on Market	108	49.0%

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Demographics — Addison, AL

As of the latest ACS Survey released in 2023, Addison, AL has a population of 2,090, which has decreased by -14.1% over the past 5 years. Addison, AL is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 12.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,090	-14.1%
% Under 18	22.0%	13.4%
% Seniors	14.6%	-14.6%
% WFH	2.0%	-64.9%
% w/ College Degree	12.5%	5.0%

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As of the latest ACS Survey released in 2023, Addison, AL is a predominantly white area, with 96.0% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Addison, AL is hispanic, making up 1.3% of the population. Foreign-born residents account for 3.3% of the population in Addison, AL, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	96.0%	-3.4%
% Black	0.0%	N/A
% Hispanic	1.3%	∞%
% Asian	0.0%	N/A
% Foreign Born	3.3%	∞%

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Mortgage and Risk — Addison, AL

According to HUD data as of 2023, there were 39 mortgage originations in Addison, AL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Addison, AL. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	39
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	5.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Addison, AL

Addison, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	21
Total Units Section 8	0
% Rentals under Section 8	0.0%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$700
2 Bedroom	N/A	N/A	$910
3 Bedroom	N/A	N/A	$1,180
4 Bedroom	N/A	N/A	$1,320

Addison, AL—35540

Key Metrics at a Glance

Home Price Trends — Addison, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Addison, AL

% of Rental Stock

Property Listings — Addison, AL

Demographics — Addison, AL

Race and Ethnicity

Mortgage and Risk — Addison, AL

Mortgages

Rentals and Section 8 — Addison, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Addison, AL

Home Price to Income Ratio

Addison, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Arley, AL

Danville, AL

Logan, AL

Crane Hill, AL

Vinemont, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$172,000
Median Household Income	$51,500

Addison, AL—35540

Key Metrics at a Glance

Home Price Trends — Addison, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Addison, AL

% of Rental Stock

Property Listings — Addison, AL

Demographics — Addison, AL

Race and Ethnicity

Mortgage and Risk — Addison, AL

Mortgages

Rentals and Section 8 — Addison, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Addison, AL

Home Price to Income Ratio

Addison, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Arley, AL

Danville, AL

Logan, AL

Crane Hill, AL

Vinemont, AL

Frequently Asked Questions

What is the average home price in Addison, AL 35540?

How have home prices in Addison, AL 35540 changed over the past year?

What is the home price projection for Addison, AL 35540?

What are the demographics of Addison, AL 35540?

How long does it take homes to sell in Addison, AL 35540?

What is the average rent price in Addison, AL 35540?