Homes Under $500K in Olean, NY

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Listing data & MLS disclosures

New York State Alliance of MLSs: The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Realty.com, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Realty.com shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.
New York State Alliance of MLSs: The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Realty.com, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Realty.com shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

Olean housing market

August 2026

Selling at 96.0% of asking price

Buyers here are paying below asking. MLS · 15 sales · as of Aug 31, 2026

Homes that sold · County records, as of Aug 27, 2026

Median sale price: $119,000$50,000–$140,000 typical range
Price per sq. ft.: $65
Sales: 21
Paid in cash: 38.1%

Homes on the market · MLS, as of Aug 24, 2026–Aug 31, 2026

Median list price: $132,450
Homes for sale: 52
Median days on market: 9 days

Price trend · Assessor repeat sales, as of Aug 31, 2026

Year-over-year: 12.9%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Aug 20, 2026

Median home size: 1,536 sq. ft.

Olean, NY community profile

Population: 13,735
Median income: $47,166
Housing units: 6,746
People per sq. mi.: 213.9
Area: 64.2 sq. mi.

Source: HJN community data

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Listing data & MLS disclosures

Olean housing market

Homes that sold · County records, as of Aug 27, 2026

Homes on the market · MLS, as of Aug 24, 2026–Aug 31, 2026

Price trend · Assessor repeat sales, as of Aug 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Aug 20, 2026

Olean, NY community profile

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Listing data & MLS disclosures

Olean, NY community profile

Olean housing market

Homes that sold · County records, as of Aug 27, 2026

Homes on the market · MLS, as of Aug 24, 2026–Aug 31, 2026

Price trend · Assessor repeat sales, as of Aug 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Aug 20, 2026