Addison, AL Housing

The housing in Addison, AL is a great investment opportunity for those looking for a place to call home. The median value of housing in Addison is currently $157,400, which is significantly lower than the US median value of $338,100. Furthermore, the 1 year appreciation for housing in Addison has been 18.10%, significantly higher than the US average of 8.27%. This makes Addison a great place to invest and purchase a home as it offers potential buyers low prices and high returns on their investments.

The median home cost in Addison is $157,400. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Addison is up 18.1%.

Average Age of Homes

- The median age of Addison real estate is 37 years old

The Rental Market in Addison

- Renters make up 25.1% of the Addison population
- 2.0% of houses and apartments in Addison, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Addison, Alabama	United States
	397.0	139,647,020.0
	36	42
	$157,400	$338,100
	18.1%	16.6%
	51.1%	57.0%
	61.6%	101.1%
	$3.10	$10.98
	$356	$2,690
	54.2%	57.4%
	25.4%	11.2%
	20.4%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	3.8%	0.7%
	5.0%	0.4%
	2.8%	3.6%
	11.8%	4.1%
Value of Owner-Occupied Housing
	7.9%	2.6%
	5.1%	2.4%
	5.1%	2.8%
	12.1%	3.9%
	16.7%	4.5%
	17.2%	11.3%
	9.8%	13.0%
	7.4%	20.1%
	14.0%	13.6%
	2.8%	8.3%
	1.4%	9.7%
	0.0%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.4%	13.6%
	13.4%	13.6%
	23.9%	13.6%
	13.4%	13.2%
	16.9%	14.8%
	23.9%	13.6%
	2.0%	10.0%
	7.3%	4.7%
	5.8%	12.2%