Addison, TX—75001
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Addison, TX
As of Oct '25, the median home price in Addison, TX is $482,000, with a year-over-year change of -2.4%. This indicates that home prices in Addison, TX are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $482,000 | -2.4% |
| Single Family | $514,000 | -2.7% |
| Condos | $383,000 | 1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $176,000 | -7.4% |
2 Bed | $404,000 | 0.0% |
3 Bed | $542,000 | -1.5% |
4 Bed | $627,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Addison, TX
As of July '25, Rentcast reports the average rent in Addison, TX is $1,960, with a year-over-year rent change of 7.1%. Per bedroom, the median rent as of July '25 in Addison, TX is studios: $1,240, 1-bedrooms: $1,510, 2-bedrooms: $2,280, 3-bedrooms: $3,040. The most common rental property sizes in Addison, TX are 1-bedroom and 2-bedroom, accounting for 47.0% and 34.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,960 |
| Studio Rent | $1,210 | $1,240 |
| 1 Bed Rent | $1,470 | $1,510 |
| 2 Bed Rent | $2,050 | $2,280 |
| 3 Bed Rent | $3,100 | $3,040 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Addison, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Addison, TX is 75. This is a increase of 59.0% 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 53.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $495,000 | -10.0% |
Listing Count | 57 | 21.0% |
| Listings as % of Homes | 0.4% | 21.0% |
Days on Market | 75 | 59.0% |
Demographics — Addison, TX
As of the latest ACS Survey released in 2023, Addison, TX has a population of 16,800, which has increased by 12.1% over the past 5 years. Addison, TX is a less popular place for families, as children make up 10.6% of the population. The area has a highly educated workforce, with 61.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,800 | 12.1% |
% Under 18 | 10.6% | -15.9% |
% Seniors | 9.3% | 13.4% |
% WFH | 20.7% | 283.3% |
% w/ College Degree | 61.3% | 7.5% |
As of the latest ACS Survey released in 2023, Addison, TX is a predominantly white area, with 42.3% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Addison, TX is hispanic, making up 26.3% of the population. Foreign-born residents account for 22.9% of the population in Addison, TX, and this percentage has decreased by 1.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 42.3% | -6.6% |
% Black | 18.7% | 41.7% |
% Hispanic | 26.3% | 8.7% |
% Asian | 8.1% | -27.0% |
% Foreign Born | 22.9% | -1.3% |
Mortgage and Risk — Addison, TX
According to HUD data as of 2023, there were 1 mortgage originations in Addison, TX, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Addison, TX. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Addison, TX
Addison, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% 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 | $640 | $1,470 | $2,110 |
| 2 Bedroom | $420 | $2,050 | $2,470 |
| 3 Bedroom | $0 | $3,100 | $3,100 |
| 4 Bedroom | N/A | N/A | $3,980 |
Affordability — Addison, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $482,000 |
| Median Household Income | $82,600 |