You can add water, but it should not have any oxygen in it. I will often make 5 gallon batches and ferment them in 3 gallon carboys, then top off with water in the keg. I use distilled water and purge the container with plenty of co2, so the splashing doesn't absorb oxygen. This will work with secondary, as well, assuming you have co2 to purge.
Your yeast may take longer to finish their job, since they are in a higher gravity wort.
If they are not done fermenting, you could add the water now. Any little amount of oxygen that is produced will get eaten up by the yeast. Risky, tho, if you are near the end of fermentation.
EDIT: Oh, and welcome to HBT!