Addison, Texas.
Typical home $499,576 (-0.6% in a year), asking rent $1,591 (+0.9%). Dallas-Fort Worth-Arlington, TX metro.
to buy the typical home at today's mortgage rate — +$1,302 (+99%) since Jan 2020.
- 1 year
- Down $2,875 -1%
- $502,450$499,576 since Sep 2025
- 5 years
- Up $77,145 +18%
- $422,430$499,576 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Addison$2,622
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 21 years.
Typical home values in Addison, TX fell 0.6% over the past year — slower than the nation's +1.2%.
Asking rents in Addison, TX rose 0.9% over the past year — slower than the nation's +2.7%.
Owning the typical home in Addison runs $2,225/mo more than renting one. The gap peaked at $2,417 in Jan 2025.
That is $3,816 a month against $1,591 rent: a $2,622 mortgage payment, plus $659 property tax and $535 insurance & upkeep.
Owning vs renting — Addison
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,816
- Renting$1,591
- Mortgage only$2,622
Property tax · $659/mo 1.58% of value a year — the ACS 2020-2024 median bill over the median home value for Dallas County, TX
Insurance & upkeep · $535/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Addison, Dallas County, Texas
Addison is a town of 16,661 people in Dallas County. Half its households earn more than $73,854 a year and half less, against $76,547 across Dallas County; 8% of its people live below the poverty line. 18% of its homes are lived in by their owners and 82% are rented. Unemployment in Dallas County was 4.5% in August 2026, and the county had 0.2% more jobs in 2025 than the year before. The most residents work in professional services, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Addison is a small town inside Dallas County, and most homes here are rented rather than owned, a good deal more than is typical across the country. Incomes sit a little below the county's, and the residents are fairly young, with a large majority of adults holding a four-year degree. Winters are mild, with cold spells but little snow, and summers are hot, with August the warmest month.
Work. Residents work mostly in professional and business services, in schools, hospitals and social care, in banks, insurance and property, and in shops. Among the biggest workplaces in Addison are CECO Environmental, which makes industrial fans, Glazers Beer and Beverage, a wholesale distributor, and Freeman Expo Dallas Southwest, which provides convention services. Many people work from home, and the typical commute is a moderate one.
Things to do. A short drive away are the George W. Bush Presidential Center and the Meadows Museum, both museums, and the former Texas Stadium site is nearby too. Farther afield, the Dallas Museum of Art and the Sixth Floor Museum at Dealey Plaza are a longer drive away, as is AT&T Stadium, one of the best known stadiums in the region.
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- 10,795households
- 64%of adults have a degree
- 8%below the poverty line
- 22 mintypical commute
- 25%work from home
What residents work in
Employed residents by industry, from the Census survey. Dallas County had 1,829,643 jobs in 2025, 0.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 56° and lows near 36°; warmest in August, with highs near 95° and lows near 74°. About 42 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Richardson weather station, 6 miles away (NOAA).
Largest workplaces in Addison
- CECO EnvironmentalFans, industrial and commercial-type, manufacturing1,505
- Glazers Beer And BeverageBeverages, alcoholic, merchant wholesalers1,455
- Freeman Expo Dallas SouthwestConvention services1,287
- Controlled Contamination ServicesBase facilities operation support services1,150
- Southern Glazers Wine and SpiritsCorporate, regional, and subsidiary management offices and companies687
- Surf Air MobilityPassenger air transportation, scheduled670
- Southern Glazers Wine and SpiritsWine and distilled alcoholic beverage merchant wholesalers.457
- N.J.Malin and AssociatesForklift repair and maintenance services421
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 51 workplaces with 20 or more staff, 12,165 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailVery high
- Heat wavesRelatively high
- TornadoesRelatively high
- Cold wavesrelatively high in parts of AddisonRelatively moderate
- Ice stormsRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Addison’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Dallas County and the Dallas-Fort Worth-Arlington, TX metro.
Addison home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Addison$499,576
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 3 Addison listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Addison28.88%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Addison62
New listings per month
Sellers arriving at the market.
- Addison17
Zip codes with a Addison address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Addison — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.