NY area data
Olean, NY
Olean, NY.
Population: 17,474 (Census ACS)
Home values & appreciation
- Median home value
- $124,766
- 1-year appreciation
- +3.0%
- 3-year appreciation
- +12.7%
- 5-year appreciation
- +37.6%
- 10-year appreciation
- +90.8%
- All-time peak (2026-07)
- $124,766
- House Price Index
- 420.6 (+5.3% YoY)
Market activity
- Median sale price
- $167,150
- Median list price
- $149,900
- Median days on market
- 92.5 days
- Sale-to-list ratio
- 92.2%
- Active listings
- 46
- 1-year forecast
- +1.6%
- New listings (monthly)
- 18
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,681/mo
- 3BR fair-market rent
- $2,185/mo
Affordability
- Cost of living index (High)
- 115.5 (100 = US avg)
- Electricity rate (state-level)
- 26.4¢/kWh
- Natural gas rate (state-level)
- $17.60/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 5
- Elementary schools
- 2
- Middle schools
- 0
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- lightning, inlandFlooding, strongWind, tornado, winterWeather
- FEMA flood zone
- A11
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 47.0°F
- Average high
- 57.0°F
- Average low
- 36.0°F
- Annual precipitation
- 41.4 in
- Annual snowfall
- 65.6 in
Walkability & transit
- Walkability index
- 17.5 / 20
- Transit service frequency
- 732
Amenities
- Nearest airport
- Giermek Executive Airport (1 mi)
- Nearest major airport
- Bradford Regional Airport (BFD) (22 mi)
- Hospitals nearby (~15 mi)
- 1
- Avg hospital rating
- 1.0 / 5
- Solar radiation rating
- Fair (3.7 kWh/m²/day)
Migration
- Net migration
- -24 tax filers
Housing stock
- Median year housing built
- 1,941
- Median annual property tax
- $3,145
- Mean commute to work
- 15 min
- Households with broadband internet
- 73.3%
Employment & development
- Total county employment
- 18,885
- Average weekly wage
- $958
- Top industries (by employment)
- Accommodation & Food, Administrative Services, Other Services
- Annual residential building permits (county)
- 73
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →