Addison, WI—53002
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Addison, WI
As of Oct '25, the median home price in Addison, WI is $388,000, with a year-over-year change of 7.6%. This indicates that home prices in Addison, WI are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $388,000 | 7.6% |
| Single Family | $399,000 | 7.8% |
| 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, WI
As of July '25, Rentcast reports the average rent in Addison, WI is $1,250, with a year-over-year rent change of 42.9%. Per bedroom, the median rent as of July '25 in Addison, WI is 2-bedrooms: $1,250. The most common rental property sizes in Addison, WI are 3-bedroom and 2-bedroom, accounting for 53.0% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,250 | $1,250 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Addison, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Addison, WI is 34. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $502,000 | 0.0% |
Listing Count | 5 | 14.0% |
| Listings as % of Homes | 0.2% | 14.0% |
Days on Market | 34 | 1.0% |
Demographics — Addison, WI
As of the latest ACS Survey released in 2023, Addison, WI has a population of 2,610, which has increased by 9.6% over the past 5 years. Addison, WI is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 24.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,610 | 9.6% |
% Under 18 | 25.6% | 26.1% |
% Seniors | 11.3% | -0.9% |
% WFH | 3.7% | 2.8% |
% w/ College Degree | 24.8% | 22.2% |
As of the latest ACS Survey released in 2023, Addison, WI is a predominantly white area, with 82.4% of the population identifying as white. The white population has shrunk by 11.4% in the last 5 years. The second most common race or ethnicity in Addison, WI is hispanic, making up 11.0% of the population. Foreign-born residents account for 5.4% of the population in Addison, WI, and this percentage has increased by 315.4% 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 | 82.4% | -11.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 11.0% | 182.1% |
% Asian | 0.8% | 100.0% |
% Foreign Born | 5.4% | 315.4% |
Mortgage and Risk — Addison, WI
According to HUD data as of 2023, there were 118 mortgage originations in Addison, WI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 43.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Addison, WI. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 118 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Addison, WI
Addison, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $920 |
| 2 Bedroom | -$150 | $1,250 | $1,100 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Addison, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $388,000 |
| Median Household Income | $107,000 |