Addison, AL Home Values & Market Trends
Real estate market trends reflect that there have been 25 transactions over the past year in Addison. The median value for residential home transactions that occurred over the previous year is $152,137.68. The number of current listings in Addison is 1, and the percentage of properties for sale in the city is 1.00%. Addison, AL currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.
Addison, AL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 35540 | $ 659,500 $ 214/sqft |
Housing Market Summary for Addison, AL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $572K | $154.2K | -73.03% |
| Median Sold Price | $182.7K | $154.2K | -15.58% |
| Homes For Sale | 2 | 2 | - |
| Homes Sold | 14 | 13 | -7.14% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Addison, AL
Browse Homes in Addison, AL
Addison home values range from $21,300 to $1,243,770. The median estimated value of a home in Addison is $152,137.68. The median list price of a home is 659,000, and the total count of properties in the city is 934.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Addison, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Addison, AL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Addison, AL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Addison, AL. There is 1 zips within Addison, AL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Addison, AL. Auction homes and other auction properties account for 0% of all properties in Addison, AL. There is 1 zips within Addison, AL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Addison, AL
Guide for Addison, AL
Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.
Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.
Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]
Learn how a short sale can stop the foreclosure process.