Addison, NY—14801
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Addison, NY
As of Oct '25, the median home price in Addison, NY is $147,000, with a year-over-year change of -0.6%. This indicates that home prices in Addison, NY are flat. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $147,000 | -0.6% |
| Single Family | $146,000 | -0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $122,000 | 0.8% |
3 Bed | $158,000 | -0.6% |
4 Bed | $165,000 | -1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Addison, NY
As of July '25, Rentcast reports the average rent in Addison, NY is $1,000, with a year-over-year rent change of 42.9%. Per bedroom, the median rent as of July '25 in Addison, NY is 2-bedrooms: $1,000. The most common rental property sizes in Addison, NY are 3-bedroom and 2-bedroom, accounting for 50.5% and 23.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,000 | $1,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Addison, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Addison, NY is 87. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $214,000 | 22.0% |
Listing Count | 14 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 87 | 11.0% |
Demographics — Addison, NY
As of the latest ACS Survey released in 2023, Addison, NY has a population of 5,420, which has remained stable by 0.7% over the past 5 years. Addison, NY is a popular place for families, as children make up 29.3% of the population. The area has a poorly educated workforce, with 15.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,420 | 0.7% |
% Under 18 | 29.3% | 15.4% |
% Seniors | 15.4% | -3.7% |
% WFH | 3.4% | -15.0% |
% w/ College Degree | 15.3% | -7.8% |
As of the latest ACS Survey released in 2023, Addison, NY is a predominantly white area, with 95.5% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Addison, NY is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.7% of the population in Addison, NY, and this percentage has decreased by 36.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.5% | -2.5% |
% Black | 0.6% | 50.0% |
% Hispanic | 1.3% | 85.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.7% | -36.4% |
Mortgage and Risk — Addison, NY
According to HUD data as of 2023, there were 118 mortgage originations in Addison, NY, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Addison, NY. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 118 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Addison, NY
Addison, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 63 |
Total Units Section 8 | 63 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 95.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | -$50 | $1,000 | $950 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Addison, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $147,000 |
| Median Household Income | $62,400 |