Addison, Dallas, TX—75254
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Addison, Dallas, TX
As of Oct '25, the median home price in Addison, Dallas, TX is $300,000, with a year-over-year change of -5.1%. This indicates that home prices in Addison, Dallas, TX are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $300,000 | -5.2% |
| Single Family | $877,000 | 0.2% |
| Condos | $178,000 | -5.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $164,000 | -4.1% |
2 Bed | $213,000 | -5.3% |
3 Bed | $614,000 | -0.2% |
4 Bed | $1,076,000 | 1.1% |
| 5 Bed | $1,381,000 | 3.3% |
% of Housing Stock
Rental Trends — Addison, Dallas, TX
As of July '25, Rentcast reports the average rent in Addison, Dallas, TX is $1,770, with a year-over-year rent change of 24.6%. Per bedroom, the median rent as of July '25 in Addison, Dallas, TX is studios: $1,220, 1-bedrooms: $1,420, 2-bedrooms: $2,060, 3-bedrooms: $2,700, 4-bedrooms: $4,690. The most common rental property sizes in Addison, Dallas, TX are 1-bedroom and 2-bedroom, accounting for 53.5% and 36.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,620 | $1,770 |
| Studio Rent | $1,270 | $1,220 |
| 1 Bed Rent | $1,400 | $1,420 |
| 2 Bed Rent | $1,980 | $2,060 |
| 3 Bed Rent | $2,600 | $2,700 |
| 4 Bed Rent | $2,380 | $4,690 |
% of Rental Stock
Property Listings — Addison, Dallas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Addison, Dallas, TX is 80. This is a increase of 72.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $257,000 | -12.0% |
Listing Count | 76 | 35.0% |
| Listings as % of Homes | 0.3% | 35.0% |
Days on Market | 80 | 72.0% |
Demographics — Addison, Dallas, TX
As of the latest ACS Survey released in 2023, Addison, Dallas, TX has a population of 24,700, which has decreased by -7.8% over the past 5 years. Addison, Dallas, TX is a moderately popular place for families, as children make up 21.9% of the population. The area has a highly educated workforce, with 46.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,700 | -7.8% |
% Under 18 | 21.9% | -17.4% |
% Seniors | 9.8% | 44.1% |
% WFH | 16.0% | 263.6% |
% w/ College Degree | 46.3% | 9.7% |
As of the latest ACS Survey released in 2023, Addison, Dallas, TX is a predominantly white area, with 33.0% of the population identifying as white. The white population has grown by 13.4% in the last 5 years. The second most common race or ethnicity in Addison, Dallas, TX is hispanic, making up 32.6% of the population. Foreign-born residents account for 23.5% of the population in Addison, Dallas, TX, and this percentage has decreased by 21.9% 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 | 33.0% | 13.4% |
% Black | 24.1% | 18.7% |
% Hispanic | 32.6% | -22.6% |
% Asian | 5.8% | 7.4% |
% Foreign Born | 23.5% | -21.9% |
Mortgage and Risk — Addison, Dallas, TX
According to HUD data as of 2023, there were 80 mortgage originations in Addison, Dallas, TX, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Addison, Dallas, TX. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 80 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Addison, Dallas, TX
As of 2024, the percent of homes in Addison, Dallas, TX under the Section 8 program is 0.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Addison, Dallas, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $400 | $1,400 | $1,800 |
| 2 Bedroom | $130 | $1,980 | $2,110 |
| 3 Bedroom | $40 | $2,600 | $2,640 |
| 4 Bedroom | $1,020 | $2,380 | $3,400 |
Affordability — Addison, Dallas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $300,000 |
| Median Household Income | $67,900 |