Home prices
The value of the median home in Addison is $78,300. In comparison to other places in this area it is roughly $35,560 (31%) lower.It is about $139,200 (64%) lower compared to the rest of the country, and in comparison to the city of Birmingham is roughly $12,800 (14%) lower.
Rents
In Addison the median monthly rent is $400. This is roughly $223 (35%) lower compared to the surrounding areas.It is roughly $662 (62%) lower compared to the entire nation, and in comparison to the city of Birmingham it is approximately $437 (52%) lower.
Nearby places
Arley
Arley is roughly 8 miles south of Addison. Housing prices there are a little more expensive. The median home cost in Arley is $113,400, which works out to $35,100 (30%) higher than Addison. Rent there is somewhat more expensive. Arley's median rent is $438 a month, which is $38 (8%) higher than Addison.
Double Springs
Double Springs is roughly 11 miles west from Addison. Its real estate prices are a little more expensive. The median home in Double Springs is valued at $93,600, which is $15,300 (16%) higher than Addison. Rent there is somewhat more expensive. In Double Springs the median monthly rent is $482, which works out to $82 (17%) higher than Addison.
South Vinemont
South Vinemont is roughly 15 miles east of Addison. Housing prices there are a little more expensive. The median home cost in South Vinemont is $98,800, which is $20,500 (20%) higher than Addison. The rent there is a lot more expensive. South Vinemont's median rent is $695 a month, which is $295 (42%) higher than Addison.
Cullman
Cullman is about 16 miles east from Addison. The housing prices there are a lot more expensive. The median home cost in Cullman is $142,800, which works out to $64,500 (45%) higher than Addison. The rent there is substantially more expensive. The median monthly rent in Cullman is $671, which comes out to $271 (40%) higher than Addison.
Good Hope
Good Hope is approximately 17 miles southeast from Addison. The real estate prices there are substantially more expensive. The median home in Good Hope costs $120,700, which works out to $42,400 (35%) higher than Addison. Rents there are substantially more expensive. In Good Hope the median monthly rent is $829, which comes out to $429 (51%) higher than Addison.
