House Prices

Downtown Olean Olean, NY House Prices & Home Values 2026


Average Data

average house price$58,596
average size per house1316 ft²
average price per ft²43 $ / ft²

04/05/2026 - The value range (VR) for house prices in Downtown Olean Olean, NY is $40.85/ sqft to $45.15/ sqft. An average home with 1316 sqft costs approximately $51,179 to $56,566. Olean, NY includes 1 ZIP codes and it is located in Cattaraugus county. The lowest prices are found in ZIP 14760, while the highest are in ZIP 14760. The average price per sqare feet is $43. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Downtown Olean Olean

1476075 $ / ft²




Historical development of home values in Downtown Olean Olean

Year Estimated value (USD) Change vs. 2025
2010 $27,213 -53.6%
2011 $26,161 -55.4%
2012 $26,090 -55.5%
2013 $27,065 -53.8%
2014 $28,411 -51.5%
2015 $29,869 -49.0%
2016 $31,428 -46.4%
2017 $33,125 -43.5%
2018 $34,956 -40.3%
2019 $36,577 -37.6%
2020 $38,468 -34.4%
2021 $43,753 -25.3%
2022 $51,006 -13.0%
2023 $53,788 -8.2%
2024 $56,900 -2.9%
2025 $58,596 0.0%

Graph: estimated home values in Downtown Olean Olean over time (USD)



Example: 100% financing house in Downtown Olean Olean

Loan amount: $58,596

Interest rate: 5.71%

Fixed monthly payment: $340.54

Breakdown in the 1st month:
Interest portion: $278.92  –  Principal portion: $61.62

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $3,327.33 $759.11 $57,836.89
2 $3,282.82 $803.63 $57,033.26
3 $3,235.70 $850.75 $56,182.51
4 $3,185.81 $900.64 $55,281.88
5 $3,133.00 $953.45 $54,328.43
6 $3,077.09 $1,009.36 $53,319.07
7 $3,017.90 $1,068.55 $52,250.52
8 $2,955.24 $1,131.21 $51,119.31
9 $2,888.91 $1,197.54 $49,921.77
10 $2,818.68 $1,267.76 $48,654.01
11 $2,744.34 $1,342.10 $47,311.91
12 $2,665.64 $1,420.80 $45,891.10
13 $2,582.33 $1,504.12 $44,386.99
14 $2,494.13 $1,592.32 $42,794.67
15 $2,400.75 $1,685.69 $41,108.97
16 $2,301.91 $1,784.54 $39,324.43
17 $2,197.26 $1,889.18 $37,435.25
18 $2,086.48 $1,999.96 $35,435.29
19 $1,969.20 $2,117.24 $33,318.04
20 $1,845.05 $2,241.40 $31,076.65
21 $1,713.62 $2,372.83 $28,703.82
22 $1,574.48 $2,511.97 $26,191.85
23 $1,427.17 $2,659.27 $23,532.58
24 $1,271.24 $2,815.21 $20,717.37
25 $1,106.15 $2,980.29 $17,737.08
26 $931.39 $3,155.05 $14,582.02
27 $746.38 $3,340.06 $11,241.96
28 $550.52 $3,535.92 $7,706.04
29 $343.18 $3,743.27 $3,962.77
30 $123.68 $3,962.77 $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 Downtown Olean Olean, NY


1500 sqft3900 sqft
Ø selling price$74,299$158,054
Ø fast selling$67,545$142,249
Ø high price sale$81,054$173,860

In 2026, houses in Downtown Olean Olean, NY will be offered at an average price of $43 per square foot. A 1,500 sqft home priced at $74,299 is 21.90% more expensive per square foot than a 3,900 sqft home priced at $158,054. Home prices in Downtown Olean Olean, 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 $109,422. Sellers who can wait longer may achieve a higher price of up to $133,738.

FAQ – Home Values in Downtown Olean Olean

What is the median home value in Downtown Olean Olean in 2026?

In 2026, the typical home value in Downtown Olean Olean is about $58,596 for an average home size of 1316 square feet. This corresponds to an average price of roughly $43 per square foot.

What is the average cost per square foot in Downtown Olean Olean?

In 2026, homes in Downtown Olean Olean sell for an average of around $43 per square foot, with a typical range between $40.85 and $45.15 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Downtown Olean?

The average home size in Downtown Olean Olean is about 1316 square feet, with an estimated 2026 value around $58,596.



Neighborhoods close to Downtown Olean Olean, NY

Randolph Randolph, NY75 $ / ft²
Ripley Ripley, NY84 $ / ft²
Belvidere Belmont, NY152 $ / ft²
Hartfield Mayville, NY71 $ / ft²
Holiday Valley Ellicottville, NY79 $ / ft²
Cuba Lake Cuba, NY77 $ / ft²
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