January 2021: Home valuations in Addison increased

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The median assessed value of a home sold in January 2021 in Addison rose by $71,920 while total valuation decreased by 7.7%, according to BlockShopper.com.

In January 2021, there were 12 homes sold, with a median home valuation of $382,930 - a 23.1% increase over the $311,010 median valuation for the same period of the previous year. There were 13 homes sold in Addison in January 2020.

The following table compares Addison to other Dallas County cities with similar median home valuations in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median ValuationJan. 2020 Median Valuation% change (Median Valuation)
Highland Park626-76.9%$2,868,100$1,442,19598.9%
University Park1231-61.3%$1,560,830$1,148,05036%
Coppell3164-51.6%$436,580$329,64532.4%
Addison1213-7.7%$382,930$311,01023.1%
Sunnyvale310-70%$269,000$302,120-11%
Wylie10-$267,020$0-
Lewisville110%$234,690$219,7806.8%
Richardson84128-34.4%$234,445$248,725-5.7%
Carrollton4252-19.2%$233,860$197,17518.6%
Rowlett665911.9%$229,875$222,9603.1%
Sachse1218-33.3%$220,400$212,9403.5%

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