Olean, NY Real Estate Market Summary – September 8, 2026

In Olean, NY, a total of 16 homes were sold in the last 30 days, averaging around 0.53 homes per day. The average living area of sold homes was approximately 1,557 square feet, with an average sold price of $144,253.

Metric 30 Days
Number Sold 16
Sold Per Day 1 every 1.88 days
Average SQFT 1557
Median Sales Price $138,900
Average Sales Price $144,253
Average Price Per SQFT $91
Average Days on Market 15
Average Year Built 1942

 

Olean, NY Single Family Home Analysis

In the single-family home segment, 13 properties were sold, averaging 0.43 homes per day. The average living area was about 1,528 square feet, and the average sale price was $154,597.

Metric 30 Days
Number Sold 13
Sold Per Day 1 every 2.31 days
Average SQFT 1528
Median Sales Price $156,000
Average Sales Price $154,597
Average Price Per SQFT $97
Average Days on Market 15
Average Year Built 1942

 

Olean, NY Condo & Townhome Analysis

There is no market data available for that home type at this time.

 

Buyer & Seller Analysis

  • Pace of sales is 1 every 1.88 days.
  • Average days on market before a sale was 15 days.
  • Median sale price for all homes is $138,900.
  • No condo or townhome sales were recorded in this period.

Conclusion

Overall, the market reflects steady activity in the single-family segment with a consistent pace of sales. However, there has been no activity reported for condo and townhome properties.

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