The housing median value in Addison, NY (14801) is $130,900, which is lower than the US House Median Value of $338,100. Despite this difference in median value, the US 1 year House Appreciation rate of 8.27% is still higher than that of Addison's 7.27%. This indicates a slightly slower rate of home appreciation compared to the rest of the nation. However, this could be a great opportunity for potential buyers or investors looking to purchase property within the area as it may offer a more affordable option with a chance at appreciation over time.
The median home cost in Addison (zip 14801) is $130,900. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Addison (zip 14801) is up 12.7%.
Average Age of Homes
- The median age of Addison (zip 14801) real estate is 48 years old
The Rental Market in Addison (zip 14801)
- Renters make up 19.9% of the Addison (zip 14801) population
- 1.0% of houses and apartments in Addison (zip 14801), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.