Photo: Henley Quadling · CC BY-SA 3.0128 homes sold in Addison in the last year, at a typical $512K
Houses and condos split the market almost evenly. 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 homes are listed.
Every place Addison homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Addison.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
20% of Addison’s sales are condos, at $283K less than a house
67 houses and 25 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 67 sold in 12 months
- Per square foot
- $278TX $173
- Days to sell
- 67
- Sold over asking
- 16%
- Listings with a price cut
- 30%
typical sale · 25 sold in 12 months
- Per square foot
- $231TX $226
- Days to sell
- 90
- Sold over asking
- 0%
- Listings with a price cut
- 28%
Townhouses: 36 sold, typical $529K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.6 times the 2016 price
128 sales in the last year, against 226 in 2021 and a low of 131 in 2012. The typical sale went from $321K in 2016 to $512K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Addison
Check a listing against what Addison 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.
Bidding wars in Addison are rarer than before the pandemic, and more homes are for sale
We read every month of Addison’s home sales 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, 128 sales.
If you’re buying in Addison
- Shop in October. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
- Some room to negotiate. 28% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 97.8% of the list price on average; 10% paid over.
- You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 77 days.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 20 a month), but May is the most competitive: 28% of May sales close over asking. October offers nearly as much choice with fewer homes bid up (20%). November has the least competition (12%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Texas as a whole
| Addison now | 2017–19 | 2021 peak | TX now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 10% | 18% | 27% | 12% |
| Gone within two weeksShare of homes under contract within 14 days | 22% | 35% | 44% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 28% | 27% | 20% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 97.8% | 98.2% | 99.5% | 96.9% |
| Days to sellMedian days from listing to contract | 77 | 43 | 35 | 71 |
57 homes for sale on a typical day
That’s 2.4 times the 2022 low (23) and 78% more than in 2017–19.
1 in 4 listings has cut its price
28% in the last year, against 27% in 2017–19 and 30% across Texas.
Since 2019, houses are up 63%, condos 5%
A house typically sold for $593K in the last year (67 sales), a condo for $310K (25).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Addison ranks 233rd of 372 busy Texas markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Addison is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Addison home costs about $3,295 a month
Price: Addison’s typical sale, last 12 months. Property tax at Addison’s 1.5% (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 is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 9.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $512K home, about $7,480 a year.
Taxes vs. neighborsSchools
The schools grade for Addison, from test results, graduation and how much students grow.
Schools in AddisonCheck 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 hazardsLook 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.
Farmers Branch, Carrollton, Richardson, Plano and Coppell sell for less a square foot; University Park for far more
The busier markets within 25 miles of Addison, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Plano | 2,544 | $507K | $219 | 14% | 50 |
| Carrollton | 1,213 | $419K | $214 | 20% | 42 |
| Richardson | 1,011 | $459K | $226 | 17% | 44 |
| Coppell | 365 | $621K | $251 | 20% | 42 |
| Farmers Branch | 323 | $424K | $234 | 15% | 50 |
| University Park | 196 | $2.5M | $662 | 14% | 47 |
| Addison | 128 | $512K | $264 | 10% | 77 |
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.
Post your home to Addison, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Addison. People who follow the town see it, and so do people comparing Addison with their own town. No commission, no listing fee.
Questions about buying a home in Addison
What do homes sell for in Addison, TX?
128 homes sold in the year to May 2026 at a typical $512K, $264 a square foot. Houses sold for about $593K, condos for about $310K.
Is Addison a buyer’s or seller’s market?
A seller’s market: 50 homes were for sale in May 2026 and 15 sold, about 3.3 months of supply. Buyers paid 97.8% of asking on average, and 28% of listings cut their price.
When is the best time to buy in Addison?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Addison?
About 1.5% of a home’s value a year. On a $512K home that’s near $7,480.
Where can I see homes for sale in Addison?
Zillow, Redfin, Realtor.com and Homes.com all carry Addison’s MLS listings; the search links above open each one filtered to Addison.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).