Housing in 35540 Addison, AL is below the US median value, at $151,400. However, this town has experienced an impressive 1 year appreciation of 14.92%, much higher than the national appreciation of 8.27%. This indicates that Addison is a growing and desirable place to live for potential home buyers. With its low housing costs and great appreciation rate, it's no surprise why many people are choosing to call 35540 Addison, AL their new home.
The median home cost in Addison (zip 35540) is $151,400. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Addison (zip 35540) is up 18.1%.
Average Age of Homes
- The median age of Addison (zip 35540) real estate is 33 years old
The Rental Market in Addison (zip 35540)
- Renters make up 17.9% of the Addison (zip 35540) population
- 0.7% of houses and apartments in Addison (zip 35540), 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.