Market Overview
Home Prices in Addison, PA
The median home value in Addison, PA is $198,110 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Addison are priced52% below average. Addison is part of the Somerset, PA metro area.
Price History
Addison Home Price Trend
2024
$195,476
$195K
—
2025
$200,385
$200K
+2.5%
2026
$198,110
$198K
-1.1%
City Comparison
Addison vs. National Median
🏠 Addison
$198,110
National Median
$410,000
At $198,110, homes in Addison cost 52% below the national median of $410,000. This makes Addison a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Addison?
20% Down Payment
$39,622
on $198,110
Monthly P&I
$1,033/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,312/mo
incl. taxes & insurance
Income Needed
$52,480
gross annual (30% rule)
10% Down Option
$19,811
+ PMI applies
Loan Amount (20% dn)
$158,488
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Addison, PA?
The median home value in Addison is $198,110 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in Addison?
Over the past year, home values in Addison have decreased by 1.1%.
How much do I need to earn to buy a home in Addison?
To comfortably afford the median home price of $198,110 with a 20% down payment ($39,622) at today's rates (6.8%), you'd need a gross annual income of approximately $52,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Addison compare to the national average home price?
The national median home value is approximately $410,000. At $198,110, homes in Addison are 52% below the national average.
What metro area is Addison part of?
Addison is part of the Somerset, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.