Real Estate Investing in Addison, New York

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 5,415 • Steuben County

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Should you buy in Addison, NY? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 17.3% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Addison, NY?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.4% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $152,727
Avg Monthly Rent $873
ZIP Codes 1

Investing in Addison Real Estate

With a sizable population across 1 ZIPs, Addison shows the kind of lackluster fundamentals that keep most out-of-state capital on the sidelines.

plainly Addison's aggregate rating of ★★★☆☆ reflects subdued investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Market conditions in Addison are sluggish. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Distressed-leaning demographics in Addison — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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Best ZIP codes in Corning, NY

Addison is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$152,727
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (NY)

📉 Market Crash Risk Index

Based on Corning, NY metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
54%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Corning, NY metro
0
Days to pending
7.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Addison, NY

Screen every ZIP in Addison

Filter Addison’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Addison, NY

What is the typical vacancy rate in Addison, NY?

Expect elevated vacancy in Addison, NY. Rents at $873/mo are absorbed by the tenant base without meaningful lag.

What is the investability score for Addison, NY?

The 3.0/5 investability rating in Addison, NY reflects its $153K prices and $873/mo rents. Investors generally consider it a solid option within NY.

Is housing expensive in Addison, NY?

Typical homes in Addison, NY go for around $153K. The 5-year CAGR of 0.0% measured price movement.

Is house hacking profitable in Addison, NY?

For house hackers, Addison, NY is a challenging. The $873/mo rent on a unit helps defray the mortgage on a $153K property.

What kind of tenants rent in Addison, NY?

Tenant demand in Addison, NY is solid. The local workforce $873/mo rents across most rental classes.

Community Ratings

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