Is Scio, NY 14880 a buyer’s or seller’s market?
Scio is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Scio housing market right now
In the three months ending August 31, 2026, 0% of homes in Scio, NY 14880 sold above their list price, the typical home went under contract in 90 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (42 days then) and the median sale price rose 220% to $339,853. Overall, Scio is less competitive than a year ago, which gives buyers more room.
Within Allegany County, homes here sell more slowly than in 95% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Houghton 14744 (100% sold over asking) and Caneadea 14717 (75% sold over asking) are even more competitive.
Run the numbers for 14880
Nearby markets
Alfred 14802Balanced $101 /sq ftAlfred Station 14803 — /sq ftAlma 14708Seller’s market $317 /sq ftAlmond 14804Balanced $151 /sq ft Browse all markets →Towns like Scio nearby
Find towns like Scio in other states →Where Scio is
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Questions about Scio real estate
Is Scio a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Scio, NY 14880 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 Scio?
The typical home went under contract in 90 days in the latest three months.
Do homes in Scio sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 87.6% of the list price.
What are property taxes in Scio?
About 2.92% of a home’s value a year in Allegany County, or roughly $11,680 on a $400,000 home.
What is the median home price in Scio?
The median sale price was $339,853 in the three months ending August 31, 2026, about $260 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