Home prices
Addison's median home price is $335,300. It is about $26,720 (8%) higher compared to the surrounding areas.Compared to the United States as a whole it is about $117,800 (54%) higher, and in comparison to the city of Dallas is roughly $147,200 (78%) higher.
Rents
The median rent in Addison is $1,354 a month. In comparison to its surrounding areas it is approximately $78 (5%) lower.It is about $292 (27%) higher compared to the nation as a whole, and is approximately $302 (28%) higher in comparison to the city of Dallas.
Nearby places
Farmers Branch
Farmers Branch is Addison's neighbor to the southwest. Its housing prices are significantly less expensive. The median home in Farmers Branch costs $196,300, which works out to $139,000 (70%) lower than Addison. Rent there is similar. Farmers Branch's median monthly rent is $1,378, which works out to $24 (1%) higher than Addison.
Carrollton
Carrollton is Addison's neighbor to the northwest. Real estate prices there are substantially less expensive. The median home in Carrollton is valued at $238,300, which is $97,000 (40%) lower than Addison. Rent there is somewhat less expensive. Carrollton's median monthly rent is $1,236, which works out to $118 (9%) lower than Addison.
Richardson
Richardson is approximately 6 miles east of Addison. Housing prices there are a little less expensive. The median home in Richardson costs $274,200, which works out to $61,100 (22%) lower than Addison. The rent there is fairly similar. In Richardson the median rent is $1,403 per month, which is $49 (3%) higher than Addison.
Hebron
Hebron is about 6 miles north of Addison. Its real estate prices are somewhat more expensive. Hebron's median home value is $445,300, which comes out to $110,000 (24%) higher than Addison. Rents there are a little more expensive. In Hebron the median monthly rent is $1,694, which works out to $340 (20%) higher than Addison.
Coppell
Coppell is roughly 7 miles west from Addison. The housing prices there are a bit more expensive. The median home in Coppell costs $388,800, which comes out to $53,500 (13%) higher than Addison. Its rents are a little more expensive. Coppell's median monthly rent is $1,450, which comes out to $96 (6%) higher than Addison.
