What Does a Townhome in Addison, Texas Cost Right Now?

What does a townhome in Addison, Texas cost right now? Redfin's Addison housing market page shows a median sale price of $544,741 for the three months ending September 2026, up 13.5% from a year earlier. The three townhomes Redfin lists as sold between July 9 and August 5 had last list prices of $415,000, $419,500 and $434,900. That is a gap of roughly $110,000 to $130,000 between the town's headline number and the townhomes sitting in its older 75001 pockets, and it is the useful part of the story.

In August we published an Addison neighborhood guide built around the idea that the median is noise in a town with three distinct price bands. This spotlight tests that idea against the most recent numbers.

The Market Numbers

Per Redfin, the September 2026 reading for Addison is a median price per square foot of $261, up 2.1% from a year earlier, with 27 homes sold in September, down 34.7%. The median home spent 53 days on the market, 14 days fewer than a year earlier, and sold at 97.6% of list price, down 0.82 points.

Read those together. Prices rose, but the number of closings fell by about a third, and a typical sale still closed about 2.4% under list. A median that rises while volume drops often reflects which homes happened to sell, not a town-wide jump in what a given house is worth, so I would not read 13.5% as a price increase on any one property. Addison is a small sample, and a few large sales move the figure.

Three Townhomes, Three Months

Redfin's recently sold page for Addison shows dated sales for three townhomes in the 75001 ZIP code. Redfin shows last list prices on these pages, not final closed prices, so treat the dollar figures as the asking price at the time of sale. The price per square foot is my own arithmetic from the listed size.

Each is a two bedroom, two and a half bath townhome. The Seabolt end unit is the largest of the three and the lowest per square foot, which is a pattern worth testing on any townhome you tour: the extra footage of an end unit did not carry a matching premium here. Three sales is a small set, so this shows a range, not a rule.

Stock photograph of attached-garage homes, shown for the building type and not a property in Addison.

The Wider Sample

To see whether the three sales were typical, I read the 28 rows on the same Redfin page. Twenty-three are Addison addresses in 75001 once I removed four with Dallas mailing addresses and one in Carrollton. These are undated last list prices, so they show the shape of the market, not a clean price index.

Five of the 23 are smaller units listed under $300,000, with a median of $245,000 and about $203 per square foot, clustered around Vitruvian Way, Beltway Drive, Ledgemont Lane and Proton Drive. The other 18 range from $415,000 to $834,000, with a median of $582,000 and about $286 per square foot, including the Oak Circle and Towne Green Circle homes. That second group is where the town's headline median lives.

So Addison is not one market. A buyer at $250,000 and a buyer at $750,000 are shopping different products, and the median describes neither of them. Our Carrollton guide found a similar split between adjacent areas of the same city, and the Farmers Branch guide covers the neighbor to the west.

What Makes the Town Distinct

According to Wikipedia's entry on Addison, the town covers about 4.36 square miles, had 16,661 residents at the 2020 census, and voters approved incorporation in June 1953. Addison Airport takes up roughly one-eighth of the town's area, which is a verifiable fact worth checking against the flight paths for any specific address. The same entry lists Vitruvian Park and Addison Circle Park among its public spaces, and notes that Taste Addison and Kaboom Town are held at the Circle.

A small footprint helps in one respect: distances are short, so proximity to a park or a major road is something you can measure from the front door.

A Next Step for Buyers

If you are weighing an Addison townhome against a house in a neighboring town, ask for the closed sales within a few blocks of the specific unit and compare the list-to-sale gap, not just the asking price. Schedule a private consultation about buying a townhome in Addison and we will pull those comparisons for the units you are considering, or start with the Dallas home search to see how Addison prices sit against the rest of the county.

The Tax Line

The Town of Addison's FY2026 budget announcement states the adopted property tax rate is $0.6081 per $100 of valuation, approved at the council's September 9, 2025 meeting. That rate is one slice of the bill, since the county, school district and other entities add their own, and exemptions have to be filed for on a primary residence. Our Texas homestead exemption guide explains how.

Frequently Asked Questions

What is the median home price in Addison, Texas?

Redfin showed $544,741 for the three months ending September 2026, up 13.5% year over year, at $261 per square foot. Fewer homes sold, so mix can move the figure.

How much do townhomes cost in Addison?

Three townhomes Redfin lists as sold from July to August 2026 had last list prices of $415,000, $419,500 and $434,900. These are asking prices at sale, not final closed prices.

How long do homes take to sell in Addison?

The median was 53 days on market in Redfin's September 2026 data, with homes selling at 97.6% of list price.

What is the property tax rate in Addison?

The Town of Addison adopted $0.6081 per $100 of valuation for FY2026. County, school and other taxing entities add their own rates.

Who is the right real estate agent to hire for a townhome purchase in Addison?

Look for someone who can show closed sales near the specific unit, explain how the HOA and the taxing entities change the monthly cost, and tell you honestly when an asking price is out of line. Paul Blair has 22 years in the business and works Dallas and the northern suburbs, including Addison and the towns around it. You can read more about Paul's background.

Paul has spent 22 years working the established suburbs north of Dallas, and in a small town like Addison he starts with the closed sales on the street, not the town-wide median.

Paul Blair is the founder and broker of Grey Square, a virtual real estate brokerage representing buyers and sellers across Dallas, Los Angeles and Houston. With 22 years in the business, Paul works the full range of the market, from luxury homes in the Park Cities and Preston Hollow to estates in the Hollywood Hills and across the Westside. Connect with Paul and the Grey Square team at greysq.com. TX TREC #9011505 · CA DRE #01792671.