Cheap Homes for Sale in Olean, NY

97 Homes for Sale

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Showing 43 - 84 of 97 homes for sale in Olean, NY

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Olean, NY Housing Market Overview

Olean is a buyer's market right now. Homes are sitting on the market for 140 days on average. With 6.3 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

Status

Buyer's Market

Days on Market

140

Inventory

44

Sep 2021Mar 2024Mar 2026

Median Home Price

$69,000Down 0.52%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
44 Up 0.05%
Newly Listed Homes
17 Down 0.29%
Months of Supply
6.3 Up 3.10%

Housing Demand

Homes Sold
7 Down 0.00%
Sale-to-List Ratio
91.9% Down 4.21%
Homes Sold Above List
0% Down 7.69%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

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  • mls-img
    Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Oct 26, 2026, 12:00 PM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.
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Olean, NY Housing Marketlink qauare
Homes Available icon

97

Homes Available

Median List Price icon

$ 69,000

Median List Price

Avg on Market icon

140 Days

Avg on Market

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