House Prices

Allegany (Village) Allegany, NY House Prices & Home Values 2026


Average Data

average house price$175,238
average size per house2011 ft²
average price per ft²94 $ / ft²

06/12/2026 - The value range (VR) for house prices in Allegany (Village) Allegany, NY is $89.3/ sqft to $98.7/ sqft. An average home with 2011 sqft costs approximately $193,231 to $213,571. Allegany, NY includes 1 ZIP codes and it is located in Cattaraugus county. The lowest prices are found in ZIP 14706, while the highest are in ZIP 14706. The average price per sqare feet is $94. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Allegany (Village) Allegany

1470683 $ / ft²




Historical development of home values in Allegany (Village) Allegany

Year Estimated value (USD) Change vs. 2025
2010 $81,384 -53.6%
2011 $78,237 -55.4%
2012 $78,026 -55.5%
2013 $80,942 -53.8%
2014 $84,967 -51.5%
2015 $89,328 -49.0%
2016 $93,990 -46.4%
2017 $99,063 -43.5%
2018 $104,539 -40.3%
2019 $109,387 -37.6%
2020 $115,042 -34.4%
2021 $130,847 -25.3%
2022 $152,539 -13.0%
2023 $160,859 -8.2%
2024 $170,165 -2.9%
2025 $175,238 0.0%

Graph: estimated home values in Allegany (Village) Allegany over time (USD)



Example: 100% financing house in Allegany (Village) Allegany

Loan amount: $175,238

Interest rate: 6.46%

Fixed monthly payment: $1,102.56

Breakdown in the 1st month:
Interest portion: $942.78  –  Principal portion: $159.78

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,255.60 $1,975.09 $173,262.91
2 $11,124.25 $2,106.44 $171,156.47
3 $10,984.16 $2,246.53 $168,909.94
4 $10,834.75 $2,395.93 $166,514.01
5 $10,675.41 $2,555.28 $163,958.73
6 $10,505.47 $2,725.22 $161,233.52
7 $10,324.23 $2,906.46 $158,327.06
8 $10,130.94 $3,099.75 $155,227.31
9 $9,924.79 $3,305.90 $151,921.41
10 $9,704.93 $3,525.76 $148,395.65
11 $9,470.45 $3,760.24 $144,635.42
12 $9,220.38 $4,010.31 $140,625.10
13 $8,953.67 $4,277.02 $136,348.09
14 $8,669.23 $4,561.46 $131,786.62
15 $8,365.87 $4,864.82 $126,921.80
16 $8,042.33 $5,188.36 $121,733.45
17 $7,697.28 $5,533.41 $116,200.04
18 $7,329.28 $5,901.41 $110,298.63
19 $6,936.81 $6,293.88 $104,004.75
20 $6,518.23 $6,712.46 $97,292.29
21 $6,071.82 $7,158.87 $90,133.43
22 $5,595.72 $7,634.97 $82,498.46
23 $5,087.96 $8,142.73 $74,355.73
24 $4,546.43 $8,684.26 $65,671.46
25 $3,968.88 $9,261.81 $56,409.65
26 $3,352.92 $9,877.77 $46,531.89
27 $2,696.00 $10,534.69 $35,997.20
28 $1,995.39 $11,235.30 $24,761.90
29 $1,248.19 $11,982.50 $12,779.40
30 $451.29 $12,779.40 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Allegany (Village) Allegany, NY


1500 sqft3900 sqft
Ø selling price$183,577$390,517
Ø fast selling$166,888$351,466
Ø high price sale$200,266$429,569

In 2026, houses in Allegany (Village) Allegany, NY will be offered at an average price of $94 per square foot. A 1,500 sqft home priced at $183,577 is 24.75% more expensive per square foot than a 3,900 sqft home priced at $390,517. Home prices in Allegany (Village) Allegany, NY vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $270,358. Sellers who can wait longer may achieve a higher price of up to $330,438.


Discover Allegany (Village) in Allegany, NY

Overview

The Village of Allegany, NY blends small-town charm with college-town energy near the foothills of the Enchanted Mountains.
Known for its walkable Main Street and friendly pace, this neighborhood offers a welcoming base for residents, students, and visitors.

Location & Access

Set along NY-417 next to St. Bonaventure University and just west of Olean, the village enjoys quick connections to I-86/NY-17 for easy regional travel. Side streets are calm and bikeable, while Main Street clusters everyday services, cafes, and local shops.

Homes & Lifestyle

Housing ranges from historic single-family homes to student-friendly rentals and updated apartments, delivering value compared with larger New York markets. Tree-lined blocks and pocket parks create a neighborly lifestyle with short commutes and abundant amenities.

Education & Community

Families are served by the Allegany-Limestone Central School District, and the nearby university adds year-round arts, lectures, and Division I athletics. Community spirit shows in seasonal festivals, parades, and farmers markets that draw residents from across Cattaraugus County.

Outdoors & Recreation

The Allegany River Valley Trail and riverfront access invite walking, running, and cycling, with scenic views in every season. For bigger adventures, Allegany State Park lies a short drive away for hiking, paddling, and winter sports.



FAQ – Home Values in Allegany (Village) Allegany

What is the median home value in Allegany (Village) Allegany in 2026?

In 2026, the typical home value in Allegany (Village) Allegany is about $175,238 for an average home size of 2011 square feet. This corresponds to an average price of roughly $94 per square foot.

What is the average cost per square foot in Allegany (Village) Allegany?

In 2026, homes in Allegany (Village) Allegany sell for an average of around $94 per square foot, with a typical range between $89.3 and $98.7 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Allegany (Village)?

The average home size in Allegany (Village) Allegany is about 2011 square feet, with an estimated 2026 value around $175,238.



Neighborhoods close to Allegany (Village) Allegany, NY

Bemus Point Bemus Point, NY83 $ / ft²
Caneadea Caneadea, NY81 $ / ft²
Clymer Clymer, NY95 $ / ft²
Winona Woods Rochester, NY181 $ / ft²
Port Bay Wolcott, NY195 $ / ft²
Williamson Williamson, NY192 $ / ft²
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