Construction Value
$700K ▲ 150%
Units Permitted
3 ▲ 50%
Avg Value / Unit
$233K
2024 · Census Bureau Building Permits Survey
Construction activity in Addison jumped in 2024, up 50% from the prior year with 3 housing units permitted. At $233K per unit, new builds are in line with the Somerset County average of $230K. Volume is still modest compared to neighboring towns (96% fewer units than the county average of 67), but the investment per project is strong. All permits were for single-family homes.
Housing Mixi
Development Densityi
Units per building permitted
All construction is single-family detached homes.
Construction Intensityi
$3K
per resident
County avg: $47K-94%
$1.3M
per square mile
Addison vs. Somerset County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 3 | 3 | $700K | 100% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 0 | 0 | — | 0% |
County Ranking by Construction Volume
Among 40 permit-issuing towns in Somerset County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →