What is the median home value in Addison Township, MI?
The median value of owner-occupied homes in Addison Township, MI is $416,700 (±$43,943), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Addison Township, the median home value went from $330,700 in 2015–2019 to $416,700 in 2020–2024 (+26.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $416,700 (±$43,943)
- Owner-occupied homes
- 2,028 (±151)
- Most common range
- $300,000 to $499,999
Home values in Addison Township
| Value | Addison Township | Oakland County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 2.5% (±1.8 points) | 4.1% | 7.6% | 5.3% |
| $50,000 to $99,999 | 5.0% (±3.9 points) | 3.0% | 9.2% | 6.1% |
| $100,000 to $149,999 | 5.0% (±3.4 points) | 4.5% | 10.6% | 6.8% |
| $150,000 to $199,999 | 0.9% (±0.8 points) | 7.9% | 14.1% | 9.0% |
| $200,000 to $299,999 | 15.8% (±5.3 points) | 21.8% | 23.4% | 17.8% |
| $300,000 to $499,999 | 31.7% (±5.9 points) | 35.9% | 24.1% | 26.9% |
| $500,000 to $999,999 | 29.9% (±5.7 points) | 19.5% | 9.2% | 20.9% |
| $1,000,000 or more | 9.3% (±4.4 points) | 3.4% | 1.6% | 7.1% |
The most common range is $300,000 to $499,999, 31.7% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Addison Township against Oakland County, its state and the nation
| Addison Township | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $416,700 (±$43,943) | $343,600 (±$2,730) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 2,028 (±151) | 385,500 (±2,513) | 2,984,190 (±12,886) | 84,210,142 |
In Addison Township, the median home value is higher than in Oakland County ($343,600).
It is also higher than in Michigan ($231,600).
It is higher than the national figure ($332,700).
In Oakland County, Addison Township ranks 18 of 50 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 62 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Addison Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $330,700 (±$16,666) | $416,700 (±$43,943) | +26.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,936 (±$119) | $2,145 (±$190) | +10.8% | No measurable change after inflation |
| Median real estate taxes | $4,031 (±$265) | $4,482 (±$382) | +11.2% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Addison Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Addison Township | — | $416,700 (±$43,943) | — |
| Oxford | 4.9 mi | $347,800 (±$18,228) | Lower |
| Lake Orion | 6.0 mi | $376,600 (±$61,943) | Not measurably different |
| Bruce Township (Macomb County) | 6.3 mi | $388,600 (±$33,643) | Not measurably different |
| Dryden Township | 6.3 mi | $302,200 (±$24,255) | Lower |
| Oakland Charter Township | 6.5 mi | $588,900 (±$29,207) | Higher |
| Oxford Charter Township | 6.6 mi | $369,700 (±$13,864) | Lower |
| Dryden | 7.1 mi | $208,300 (±$21,154) | Lower |
| Almont | 7.9 mi | $246,500 (±$18,765) | Lower |
Nearby places with a measurably lower figure: Oxford, MI ($347,800), Dryden Township, MI ($302,200), Oxford Charter Township, MI ($369,700).
Nearby places with a measurably higher figure: Oakland Charter Township, MI ($588,900).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Oakland County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 12 | Village of Clarkston | $457,800 (±$38,395) |
| 13 | Pleasant Ridge | $448,700 (±$23,562) |
| 14 | West Bloomfield Charter Township | $426,200 (±$7,855) |
| 15 | Milford Charter Township | $425,400 (±$15,365) |
| 16 | Novi | $421,900 (±$16,816) |
| 17 | Troy | $420,300 (±$8,204) |
| 18 | Addison Township | $416,700 (±$43,943) |
| 19 | Rochester Hills | $409,800 (±$7,819) |
| 20 | Sylvan Lake | $391,000 (±$45,636) |
| 21 | Springfield Charter Township | $384,800 (±$14,729) |
| 22 | Independence Charter Township | $381,700 (±$11,964) |
| 23 | Orion Charter Township | $369,900 (±$12,947) |
| 24 | Oxford Charter Township | $369,700 (±$13,864) |
Showing 13 of 50 places in Oakland County, ranked from highest to lowest.
The figures for Addison Township include the places inside it that have pages of their own: Leonard.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Addison Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Addison Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Addison Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Addison Township, and send estimates and invoices from your phone.
Questions about Addison Township
What is the average home value in Addison Township, MI?
The Census Bureau publishes the median: $416,700 (±$43,943) for owner-occupied homes in Addison Township (2020–2024 American Community Survey).
Have home values in Addison Township gone up?
In Addison Township, the median home value went from $330,700 in 2015–2019 to $416,700 in 2020–2024 (+26.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Addison Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Addison township, Oakland County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Addison township, Oakland County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Addison township, Oakland County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Addison township, Oakland County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Addison township, Oakland County, Michigan (county subdivision:00400, in state:26 county:125).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Addison Township at a glance
- Renters and owners in Addison Township
- Income and affordability in Addison Township
- Homeowner costs in Addison Township
- Property taxes in Addison Township
- Types of homes in Addison Township
- Bedrooms in Addison Township
- Age of homes in Addison Township
- Heating fuel in Addison Township
- Commute and cars in Addison Township
- Crime reported to police in Addison Township
- Population growth in Addison Township
- How long people stay in Addison Township
- Crowding and facilities in Addison Township
- Fair Market Rent in Addison Township
- Michigan landlord and tenant rules
- Housing across Oakland County
- Michigan places ranked by median home value
- Housing data for every place in Michigan