Housing in Addison, NY is much more affordable than the US median housing value. The median house value in Addison, NY is $119,500 while the US median house value is $338,100. Though the appreciation of housing values isn't as high as in other parts of the country, with US homes appreciating by 8.27%, Addison's homes appreciated at 7.27%. This makes Addison a great choice for those looking for affordable housing options close to major cities.
The median home cost in Addison is $119,500. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Addison is up 12.7%.
Average Age of Homes
- The median age of Addison real estate is 76 years old
The Rental Market in Addison
- Renters make up 25.3% of the Addison population
- 2.1% of houses and apartments in Addison, 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.