Addison, AL—35540
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | $171,000 | 6.2% |
| Single Family | $171,000 | 6.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Addison, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Addison, AL is 100. This is a increase of 343.0% 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 | -39.0% |
Listing Count | 5 | -57.0% |
| Listings as % of Homes | 0.9% | -57.0% |
Days on Market | 100 | 343.0% |
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% |
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% | ∞% |
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% |
Loan Activity
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 |
Affordability — Addison, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $171,000 |
| Median Household Income | $51,500 |