A typical Addison home is worth about $177,000
Up 4.6% in a year, 27% below the Alabama typical home.
What kind of housing town is Addison?
Read from the numbers below. The page puts what stands out first.
A typical home costs 3.1 years of income
Less than across Alabama (3.8 years). Try your own numbers below.
That covers a typical Addison home, with $62K to spare.
A two-bedroom rents for about $840 a month here, $130 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Addison’s typical property tax (0.26% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Up 17.7% in five years
About the same pace as Alabama (17.7%).
Show as a table
| January | Addison | Alabama |
|---|---|---|
| 2017 | $110,000 | $147,000 |
| 2018 | $112,000 | $152,000 |
| 2019 | $115,000 | $158,000 |
| 2020 | $119,000 | $170,000 |
| 2021 | $138,000 | $188,000 |
| 2022 | $154,000 | $215,000 |
| 2023 | $155,000 | $228,000 |
| 2024 | $153,000 | $233,000 |
| 2025 | $165,000 | $238,000 |
| 2026 | $170,000 | $239,000 |
| August 2026 | $177,000 | $242,000 |
A typical Addison home worth $106K in September 2016 is worth about $177K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $840
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Decatur, AL MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
71% of Addison households own their home
Half of Addison’s homes were built before 1989.
Alabama: 70% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Addison buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.