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Olean Housing Market

$163,390

1.8% 1-yr

The average Olean home value is $163,390, up 1.8% over the past year and goes to pending in around 18 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Olean Key Takeaways

Typical Home Values: $163,390

1-year Value Change: +1.8%

(Data through July 31, 2025)

Olean Housing Market Overview

1.8%1-year Market Forecast(July 31, 2025)
257For sale inventory(July 31, 2025)
72New listings(July 31, 2025)
0.970Median sale to list ratio(June 30, 2025)
$161,000Median sale price(June 30, 2025)
$248,267Median list price(July 31, 2025)
26.6%Percent of sales over list price(June 30, 2025)
62.3%Percent of sales under list price(June 30, 2025)
18Median days to pending(July 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Yorkshire

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Olean Rental Market Trends

--Average rent in Olean(July 31, 2025)
$2,072National average rent(July 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

More on Zillow Research