Metropolitan market · New York · June 2026 data

Olean Real Estate Market

The Olean, NY housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Olean report in a click.

Median listing price
$184,950
▼ 22.9% YoY
Median $ / sq ft
$122
1,435 sq ft median
Median days on market
64
June 2026
Active listings
197
For sale now
New listings
80
June 2026
Listings with price cuts
12%
Share of active
Median sale price (closed)
$170,000
▼ 10.5% YoY · closed sales
Sale-to-list ratio
97.7%
Closed sales
Homes sold / month
44
Closed sales
Median listing price trend
$240K$226K$212K$199K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Olean NY · trailing 8 quarters · source: public records and industry data.

The 10-year view
$240K$210K$181K$152K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Olean NY · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
197
New this month
80
Pending
176
Price-reduced
22

As of June 2026, the median home listed in Olean, NY asks $184,950 — down 22.9% from a year ago. Homes are taking a median of 64 days to go under contract, and 12% of the 197 active listings have taken a price cut, which points to a balanced market. Figures cover the Olean, NY metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
71/100
#88 of 932 covered metros
12-month outlook
+3.2%
▲ Rising · model output, not advice
Momentum
41
Value
93
Rental yield
80
Supply risk
11
Market heat
56

Olean scores 71/100 on our composite Investor Score (#88 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 48% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 22.9% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Olean ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$834/mo
−$95/mo vs today
At today's rate · 6.43%
$928/mo
National weekly average
If rates rise 1% · 7.43%
$1,027/mo
+$99/mo vs today

Principal & interest on the $184,950 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
102
▼ 20.3% vs 2024
1.3 per 1,000 residents
Net migration (2022–2023)
-245
▼ people, via tax-return records
net income flow −$2.81M/yr
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Olean market FAQs

What is the median home price in Olean?
As of June 2026, the median listing price in Olean, NY is $184,950, down 22.9% year over year (source: public records and industry data). Figures cover the Olean, NY metro area.
How fast are homes selling in Olean?
The median property in Olean spends 64 days on the market, with 197 homes actively listed and 12% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Olean?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Olean and the wider New York market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Olean, NY metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.