Why Live in Addison
Addison, located about 15 miles from downtown Dallas, offers a blend of nature, commercial industries, and a vibrant dining scene. The neighborhood features a mix of detached homes, townhouses, and high-rise apartments, with new traditional-style homes characterized by brick exteriors, arched entryways, and attached garages. Addison is known for its 17 parks, including the 10-acre Addison Circle Park, which hosts community events and features paved trails and a splash pad. The Addison Community Garden and Addison Athletic Club provide additional recreational opportunities. Dining options are diverse, with notable spots like Nate's Seafood & Steakhouse, Magic Time Machine, and Ida Claire. Shopping is convenient with centers like Addison Town Center, Addison Walk, and The Galleria just 3 miles south. Village on the Parkway, awarded Addison's Reader Choice Award, offers outdoor shopping, an AMC Theater, and Whole Foods. The neighborhood is safer than the national average, providing a low crime risk environment. Schools in the area include the highly rated W.T. White High, Greenhill School, and Trinity Christian Academy. Annual events such as Kaboom Town and Oktoberfest draw large crowds, while local venues like The WaterTower Theatre and Addison Improv offer entertainment options. Addison is also home to Addison Airport and is 6 miles from Dallas Love Field Airport, with major thoroughfares including The Dallas North Tollway and Belt Line Road.
Home Trends in Addison, TX
On average, homes in Addison, TX sell after 59 days on the market compared to the national average of 51 days. The median sale price for homes in Addison, TX over the last 12 months is $499,000, down 13% from the median home sale price over the previous 12 months.
Median Sale Price
$499,000
Median Single Family Sale Price
$594,450
Median Townhouse Sale Price
$544,950
Median 2 Bedroom Sale Price
$445,450
Median 1 Bedroom Sale Price
$199,900
Average Price Per Sq Ft
$271
Number of Homes for Sale
65
Last 12 months Home Sales
146
Median List Price
$532,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-13%