Is Addison, NY 14801 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Addison is a seller’s market. With about 3.5 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.5Under 4 months = seller’s market
Sold above original list30%Share of sales, last 3 months
Median sale-to-list95.8%Sold price ÷ list price
Median days on market76Listing to accepted offer
Median price per sq ft$104▲ +10.8% vs. last year

The Addison housing market right now

In the three months ending August 31, 2026, 30% of homes in Addison, NY 14801 sold above their list price, the typical home went under contract in 76 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (29% then), homes sold more slowly (32 days then) and the median sale price rose 15% to $178,923. Overall, Addison is less competitive than a year ago, which gives buyers more room.

Within Steuben County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell more often over asking than in 52%.

Nearby, buyers who want less competition could look at Woodhull 14898 (0% sold over asking) or Troupsburg 14885 (0% sold over asking), while Jasper 14855 (100% sold over asking) and Pulteney 14874 (100% sold over asking) are even more competitive.

Nearby markets

Arkport 14807Seller’s market $114 /sq ftAtlanta 14808 — /sq ftAvoca 14809Seller’s market $81 /sq ftBath 14810Balanced $116 /sq ft Browse all markets →

Where Addison is

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Questions about Addison real estate

Is Addison a buyer’s or seller’s market?

A seller’s market: there were 3.5 months of supply in Addison, NY 14801 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Addison?

The typical home went under contract in 76 days in the latest three months.

Do homes in Addison sell over asking?

30% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.

What are property taxes in Addison?

About 2.46% of a home’s value a year in Steuben County, or roughly $9,840 on a $400,000 home.

What is the median home price in Addison?

The median sale price was $178,923 in the three months ending August 31, 2026, about $104 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology