Is Wellsville, NY 14895 a buyer’s or seller’s market?

The Wellsville housing market right now

In the three months ending August 31, 2026, 20% of homes in Wellsville, NY 14895 sold above their list price, the typical home went under contract in 48 days and there were 5.3 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. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold faster (64 days then) and the median sale price rose 6% to $119,948. Overall, Wellsville is more competitive than a year ago, so tougher for buyers.

Within Allegany County, homes here sell more slowly than in 58% of the county’s ZIP codes, and sell less often over asking than in 53%. On our competition score, Wellsville ranks #579 of 649 NY ZIP codes with enough sales (score 28 out of 100).

Nearby, buyers who want less competition could look at Scio 14880 (0% sold over asking) or Canaseraga 14822 (0% sold over asking), while Houghton 14744 (100% sold over asking) and Caneadea 14717 (75% sold over asking) are even more competitive.