What is the median home value in Addison, MI?
The median value of owner-occupied homes in Addison, MI is $137,100 (±$19,819), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Addison, the median home value went from $92,100 in 2015–2019 to $137,100 in 2020–2024 (+48.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $137,100 (±$19,819)
- Owner-occupied homes
- 145 (±41)
- Most common range
- $100,000 to $149,999
Home values in Addison
| Value | Addison | Lenawee County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 2.1% (±3.5 points) | 6.8% | 7.6% | 5.3% |
| $50,000 to $99,999 | 21.4% (±12.5 points) | 9.4% | 9.2% | 6.1% |
| $100,000 to $149,999 | 36.6% (±12.2 points) | 15.0% | 10.6% | 6.8% |
| $150,000 to $199,999 | 19.3% (±12.4 points) | 19.8% | 14.1% | 9.0% |
| $200,000 to $299,999 | 16.6% (±8.4 points) | 26.5% | 23.4% | 17.8% |
| $300,000 to $499,999 | 0.0% (±18.6 points) | 17.4% | 24.1% | 26.9% |
| $500,000 to $999,999 | 4.1% (±5.2 points) | 4.3% | 9.2% | 20.9% |
| $1,000,000 or more | 0.0% (±18.6 points) | 0.8% | 1.6% | 7.1% |
The most common range is $100,000 to $149,999, 36.6% 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 against Lenawee County, its state and the nation
| Addison | Lenawee County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $137,100 (±$19,819) | $196,800 (±$4,906) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 145 (±41) | 30,924 (±640) | 2,984,190 (±12,886) | 84,210,142 |
In Addison, the median home value is lower than in Lenawee County ($196,800).
It is also lower than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Lenawee County, Addison ranks 6 of 8 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 136 of 253.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Addison have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $92,100 (±$10,651) | $137,100 (±$19,819) | +48.9% | Up after inflation |
| Median owner cost with a mortgage | $948 (±$91) | $1,094 (±$158) | +15.4% | No measurable change after inflation |
| Median real estate taxes | $1,455 (±$228) | $1,471 (±$268) | +1.1% | 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
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Addison | — | $137,100 (±$19,819) | — |
| Manitou Beach-Devils Lake | 3.5 mi | $260,300 (±$40,564) | Higher |
| Woodstock Township | 3.7 mi | $229,800 (±$22,142) | Higher |
| Wheatland Township (Hillsdale County) | 4.5 mi | $183,200 (±$16,583) | Higher |
| Somerset Township | 4.8 mi | $251,100 (±$23,053) | Higher |
| Cement City | 5.8 mi | $104,500 (±$33,248) | Not measurably different |
| Lake LeAnn | 6.5 mi | $266,600 (±$37,414) | Higher |
| Onsted | 8.3 mi | $170,700 (±$16,124) | Higher |
| Columbia Township (Jackson County) | 8.9 mi | $276,700 (±$27,829) | Higher |
Nearby places with a measurably higher figure: Manitou Beach-Devils Lake, MI ($260,300), Woodstock Township, MI ($229,800), Wheatland Township (Hillsdale County), MI ($183,200).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Lenawee County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Clinton | $186,700 (±$5,959) |
| 2 | Onsted | $170,700 (±$16,124) |
| 3 | Blissfield | $169,900 (±$20,617) |
| 4 | Deerfield | $167,600 (±$14,295) |
| 5 | Britton | $161,100 (±$10,583) |
| 6 | Addison | $137,100 (±$19,819) |
| 7 | Cement City | $104,500 (±$33,248) |
| 8 | Clayton | $86,700 (±$57,058) |
Addison lies inside Rollin Township, whose figures include it, so it is ranked only against places like it.
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
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 beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Addison, 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, and send estimates and invoices from your phone.
Questions about Addison
What is the average home value in Addison, MI?
The Census Bureau publishes the median: $137,100 (±$19,819) for owner-occupied homes in Addison (2020–2024 American Community Survey).
Have home values in Addison gone up?
In Addison, the median home value went from $92,100 in 2015–2019 to $137,100 in 2020–2024 (+48.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Addison 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 village, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Addison village, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Addison village, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Addison village, 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 village, Michigan (place:00380, in state:26).
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 at a glance
- Renters and owners in Addison
- Income and affordability in Addison
- Homeowner costs in Addison
- Property taxes in Addison
- Types of homes in Addison
- Bedrooms in Addison
- Age of homes in Addison
- Heating fuel in Addison
- Commute and cars in Addison
- Michigan landlord and tenant rules
- Housing across Lenawee County
- Michigan places ranked by median home value
- Housing data for every place in Michigan