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MI area data

Addison township, MI

Addison township, MI.

Population: 4,668 (Census ACS)

Home values & appreciation

Median home value
$514,941
1-year appreciation
+4.6%
3-year appreciation
+13.0%
5-year appreciation
+25.1%
10-year appreciation
+75.4%
All-time peak (2026-07)
$514,941
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$530,000
Median list price
$550,000
Median days on market
33 days
Sale-to-list ratio
98.1%
Active listings
5
1-year forecast
+1.4%
New listings (monthly)
6

Rents

2-bedroom fair-market rent (HUD reference)
$1,370/mo
3BR fair-market rent
$1,670/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
2
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, iceStorm, strongWind, tornado, heatWave
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
36.5 in

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
193
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
6.0 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Handleman Sky Ranch Airport (5 mi)
Nearest major airport
Oakland County International Airport (PTK) (19 mi)
Hospitals nearby (~15 mi)
8
Avg hospital rating
2.1 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-3,502 tax filers

Housing stock

Median year housing built
1,990
Median annual property tax
$4,376
Mean commute to work
28 min
Households with broadband internet
74.7%

Employment & development

Total county employment
680,690
Average weekly wage
$1,465
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
1,342

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents