Addison, WI Real Estate

Addison Properties for Sale

Located in Washington County, Addison is a rural town with resident areas dispersed through the community. Just eight miles west of West Bend, the town is close to big city shopping and dining. With easy access to U.S. Highway 41, Addison is a great location for those who need to commute. Enjoy a quiet and peaceful atmosphere that Addison provides its residents.

Real Estate
Addison has an array of homes for sale on the market. Houses on the market include three-bedroom Ranches, beautiful Colonials on partially wooded acres of land, five-bedroom country homes on large lots and custom-built homes with luxurious amenities.

Amenities
Addison residents are welcomed to participate in Allenton’s community events. A youth organization and 4th of July festivities are key events that Addison residents participate in.

The youth organization in nearby Allenton offers softball for all ages. The softball season starts in early August. Adult kickball is also managed by the association during the summer.

In 2006, the first Farmer’s market was held by the AAAA at the Elm St. cul-de-sac on Tuesday evenings during the warmer months.

The Allenton Lion’s Club celebrates the 4th of July with an annual car show and flea market.

The Town of Addison is host to the annual W.C.C. Concertina Jamboree every Labor Day weekend, according the town’s website. Guests can spend time just enjoying the music, or be a part of an impromptu band.

To find properties for sale in Addison, click here.

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Market Conditions
Market Conditions for Addison - February 2024 | Shorewest Realtors®
February 2024

Market Conditions for Addison

Median Sale Price Graph

Median Sale Price

The median sale price for homes in February was $407,450. The median sales price for homes in February rose by $407,450 compared to last month. This represents a 0% increase from January. Compared to the same month last year, the median price of homes fell by ($161,550) representing a -28.39% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale remained level in February to 3. Compared to the same month last year when there were 2 homes for sale, the inventory of homes for sale has risen by 1 representing a 50% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 2 homes sold in February was 2 more than in January. This represents a 0% increase in sales from January. Compared to the same month last year, the number of homes sold increased by 1, a 100% year-over-year increase.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in February (37) increased by 37 days compared to January. This represents a 0% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 34, a 1,133.33% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 96.28% in February rose by 0% compared to January and decreased 3.72% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in February (0) fell by 1 compared to January, a 0% change. Compared to February 2023, the number of new listings remained level

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in February was $0. The median list price for homes in February fell by ($344,900) compared to last month. This represents a 0% decrease from January. Compared to the same month last year, the median list price of homes unchanged $0 representing a 0% year-over-year change.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.