Specific data for this location is not currently available. The data shown is for the surrounding area.
Olean Housing Market
$162,739
1.6% 1-yrThe average Olean home value is $162,739, up 1.6% over the past year and goes to pending in around 24 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.
Olean Key Takeaways
Typical Home Values: $162,739
1-year Value Change: +1.6%
(Data through August 31, 2025)
Olean Housing Market Overview
3.8%1-year Market Forecast(September 30, 2025)
272For sale inventory(September 30, 2025)
73New listings(September 30, 2025)
0.983Median sale to list ratio(August 31, 2025)
$173,083Median sale price(August 31, 2025)
$230,583Median list price(September 30, 2025)
43.9%Percent of sales over list price(August 31, 2025)
52.0%Percent of sales under list price(August 31, 2025)
24Median days to pending(September 30, 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.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Freedom
- NameMedian ZHVI
- Lime Lake-Machias$181,556
- Billington Heights$439,172
- North Boston$316,893
- Elma Center$419,404
- Saint Bonaventure$154,458
- Town Line$311,256
- Blasdell$218,404
- Lackawanna$209,766
- South Abbott$265,751
Move forward with a local partner
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.
An equal housing lender. NMLS #10287.
Olean Rental Market Trends
$1,117Average rent in Olean(September 30, 2025)
$1,979National average rent(September 30, 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.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
