Olean, NY metro area Housing Market Brief
metro · NY · as of August 2026
What is Olean, NY metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Olean, NY metro area in its market cycle?
Olean, NY metro area is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Olean, NY metro area?
Our model forecasts Olean, NY metro area’s home prices to rise about 18.2% over the next 12 months (medium confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Olean, NY metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $207K | ▲ +12% |
| Median Days on Market | 58 days | 0% |
| Months of Supply | 4.0 | ▲ +2.6% |
| Homes for Sale | 240 | ▲ +12.7% |
| Homes Sold | 62 | ▲ +8.8% |
| Median Price / Sq Ft | $140 | ▲ +17.6% |
How has Olean, NY metro area’s Alpha Score moved?
Markets like Olean, NY metro area
- Fairmont, WV metro area, WVmetro58
- Wheeling, WV metro area, WVmetro55
- Evansville, IN metro area, INmetro54
- Marinette, WI metro area, WImetro55
- Mansfield, OH metro area, OHmetro54
- Fort Smith, AR metro area, ARmetro55
- Amsterdam, NY metro area, NYmetro57
- Marion, OH metro area, OHmetro60
- Logansport, IN metro area, INmetro60
- Anniston, AL metro area, ALmetro61
Frequently asked questions
Is Olean, NY metro area a buyer's or seller's market?
As of August 2026, Olean, NY metro area is classified as a Balanced Market, based on its Alpha Score of 55 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Olean, NY metro area?
The median sale price in Olean, NY metro area is $207K, having risen 12% over the past year.
How affordable is Olean, NY metro area?
Olean, NY metro area scores 79 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Olean, NY metro area's Alpha Score?
Olean, NY metro area's strongest dimension is Affordability (79/100) and its weakest is Inventory Health (38/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Olean, NY metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.