The housing market in 75001 Addison, TX is thriving. The median value of homes in the area is much higher than the US national average, currently standing at $443,400. Over the past year, the appreciation rate for homes in 75001 Addison has been 15.66%, compared to the 8.27% appreciation rate seen nationally. This indicates a strong and growing real estate market that can provide substantial returns for those investing in it.
The median home cost in Addison (zip 75001) is $443,400. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Addison (zip 75001) is up 23.4%.
Average Age of Homes
- The median age of Addison (zip 75001) real estate is 22 years old
The Rental Market in Addison (zip 75001)
- Renters make up 70.8% of the Addison (zip 75001) population
- 7.3% of houses and apartments in Addison (zip 75001), 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.