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Housing in Addison Township

377 homes sold in Addison Township in the last year, at a typical $241K

Redfin reports Addison Township’s sales by ZIP code, so these figures are for ZIP 46176, which takes in Addison Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Addison Township homes are listed.

Homes for sale in Addison TownshipZillowRealtor.comMore places to look ↓
Homes sold
377
ZIP 46176 · June 2025 to May 2026
Typical sale price
$241K
houses $242K · condos $230K
Price per square foot
$135
Indiana $148
Paid vs. asking
97.5%
14% sold over asking
For sale now
80
May 2026 · 32 sold that month
What sold · last 12 months · ZIP 46176

3% of Addison Township’s sales are condos, at $12K less than a house

359 houses and 13 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$242K

typical sale · 359 sold in 12 months

Per square foot
$135IN $148
Days to sell
44
Sold over asking
14%
Condos$230K

typical sale · 13 sold in 12 months

Per square foot
$155IN $160
Days to sell
65
Sold over asking
0%
14 years of sales

About as many homes sell as usual, at 2.3 times the 2016 price

377 sales in the last year, against 450 in 2022 and a low of 267 in 2012. The typical sale went from $103K in 2016 to $241K.

Homes soldTypical sale price
0112225337450$75K$150K$225K$300K2012: 267 sold, typical $77K’122013: 390 sold, typical $84K2014: 318 sold, typical $98K’142015: 355 sold, typical $97K2016: 374 sold, typical $103K’162017: 411 sold, typical $110K2018: 408 sold, typical $123K’182019: 401 sold, typical $132K2020: 383 sold, typical $144K’202021: 413 sold, typical $166K2022: 450 sold, typical $200K’222023: 364 sold, typical $215K2024: 341 sold, typical $226K’242025: 359 sold, typical $236KLast 12 months: 377 sold, typical $241KNow

Source: Redfin Data Center, MLS sales; for ZIP 46176, which takes in Addison Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Addison Township

Houseat $135 a sq ft
Condoat $155 a sq ft
The same money in Indianaat $148 a sq ft

Is this asking price fair?

Check a listing against what Addison Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Addison Township are back to pre-pandemic levels, with about as many homes for sale

We read every month of home sales in ZIP 46176 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 377 sales.

If you’re buying in Addison Township

  • Shop in April. It brings about 34 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • Offer under asking. Buyers paid 97.5% of the list price on average; 14% paid over.
  • You’ll usually have time. Only 31% of homes go under contract within two weeks; the typical one takes 42 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 41 a month), but July is the most competitive: 23% of July sales close over asking. April and May offer nearly as much choice with fewer homes bid up (16%). March has the least competition (15%).

New listings a monthShare sold over asking
011.322.533.84513%27%40%Sweet spotJan: 25 new listings a month, 16% sold over asking, 41 days to sellJFeb: 26 new listings a month, 16% sold over asking, 48 days to sellFMar: 31 new listings a month, 15% sold over asking, 50 days to sellMApr: 34 new listings a month, 16% sold over asking, 47 days to sellAMay: 37 new listings a month, 18% sold over asking, 37 days to sellMJun: 38 new listings a month, 22% sold over asking, 31 days to sellJJul: 39 new listings a month, 23% sold over asking, 26 days to sellJAug: 41 new listings a month, 23% sold over asking, 26 days to sellASep: 40 new listings a month, 22% sold over asking, 29 days to sellSOct: 40 new listings a month, 20% sold over asking, 31 days to sellONov: 35 new listings a month, 20% sold over asking, 29 days to sellNDec: 30 new listings a month, 17% sold over asking, 31 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Indiana

Addison Township now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price14%16%31%19%
Gone within two weeksShare of homes under contract within 14 days31%42%61%37%
Listings with a price cutShare of homes for sale that cut their price———33%
Price paid vs. askingAverage sale price ÷ list price97.5%96.3%98.8%97.7%
Days to sellMedian days from listing to contract4237935
Supply

85 homes for sale on a typical day

That’s 2.3 times the 2021 low (37), about the 2017–19 level and well under 2012’s 203.

2012: 203 for sale’122013: 192 for sale2014: 195 for sale2015: 163 for sale’152016: 135 for sale2017: 102 for sale2018: 76 for sale’182019: 56 for sale2020: 42 for sale2021: 37 for sale’212022: 52 for sale2023: 63 for sale2024: 65 for sale’242025: 77 for saleLast 12 months: 85 for saleNow
Prices by type

Since 2019, houses are up 81%, condos 61%

A house typically sold for $242K in the last year (359 sales), a condo for $230K (13).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $84K, 366 salesHouses 2014: $96K, 295 salesHouses 2015: $97K, 326 salesHouses 2016: $100K, 350 salesHouses 2017: $107K, 382 salesHouses 2018: $121K, 383 salesHouses 2019: $134K, 381 salesHouses 2020: $148K, 361 salesHouses 2021: $169K, 394 salesHouses 2022: $203K, 436 salesHouses 2023: $215K, 334 salesHouses 2024: $230K, 325 salesHouses 2025: $238K, 338 salesHouses last 12 months: $242K, 359 salesHouses $242KCondos 2013: $114K, 16 salesCondos 2014: $125K, 19 salesCondos 2015: $144K, 20 salesCondos 2016: $138K, 21 salesCondos 2017: $137K, 23 salesCondos 2018: $142K, 18 salesCondos 2019: $143K, 5 salesCondos 2020: $124K, 4 salesCondos 2023: $280K, 16 salesCondos 2024: $228K, 10 salesCondos 2025: $236K, 15 salesCondos last 12 months: $230K, 13 salesCondos $230K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, ZIP code tracker; for ZIP 46176, which takes in Addison Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Addison Township home costs about $1,411 a month

Mortgage
Property tax
Insurance
Rent

Price: Addison Township’s typical sale, last 12 months. Property tax at Addison Township’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Addison Township is affordable on local pay is on Cost of living.

Before you buy in Addison Township

Six things worth knowing

41

New listings in August

The month with the most choice. January has the fewest, about 25.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $241K home, about $1,840 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Addison Township, from test results, graduation and how much students grow.

Schools in Addison Township
21 min

Typical commute

The average one-way trip to work for people who live in Addison Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Addison Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Franklin422$298K$16015%30
Addison Township (ZIP 46176)377$241K$13514%42
Shelbyville309$233K$13513%44
Whiteland118$301K$16019%59
New Palestine72$402K$1518%48
Hope53$181K$14513%57
Edinburgh50$212K$13614%36

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Addison Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Addison Township. People who follow the town see it, and so do people comparing Addison Township with their own town. No commission, no listing fee.

Questions about buying a home in Addison Township

What do homes sell for in Addison Township, IN?

377 homes sold in the year to May 2026 at a typical $241K, $135 a square foot. Houses sold for about $242K, condos for about $230K.

Is Addison Township a buyer’s or seller’s market?

A seller’s market: 80 homes were for sale in May 2026 and 32 sold, about 2.4 months of supply. Buyers paid 97.5% of asking on average.

When is the best time to buy in Addison Township?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Addison Township?

About 0.8% of a home’s value a year. On a $241K home that’s near $1,840.

Where can I see homes for sale in Addison Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Addison Township’s MLS listings; the search links above open each one filtered to Addison Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 46176, which takes in Addison Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).