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Foreclosures in Olean, NY 14760

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Olean, NY Foreclosures

How much do homes sell for in Olean, NY?
The average home price is currently $155,063.
In Olean, NY, how many homes are available?
There are currently 3 active home listings available in Olean.
What’s the average rental cost in Olean, NY?
The average rental price in Olean is $1,032.
What is the most expensive home in Olean?
The most expensive home sold in Olean had a price of $21,890,284.
What is currently the cheapest priced home in Olean, NY?
The cheapest home for sale in Olean is priced at $10,099.

Living in Olean, NY

Olean, NY is a charming city nestled in the beauty of the Allegheny region. Known for its welcoming community and vibrant outdoor spaces, Olean offers a comfortable lifestyle with access to both nature and urban amenities. With local parks, dining options, and educational institutions, it’s a great place for families and individuals alike.

Current Market Conditions in Olean, NY

The real estate market in Olean, NY has shown stability over the past year. Homes are selling at a steady pace, with moderate demand primarily driven by local employment opportunities and the city's appealing lifestyle. First-time homebuyers often find Olean an affordable option.

Recent trends indicate that property values in Olean have been gradually increasing, making it an attractive market for investors seeking long-term growth. Buyers appreciate the balance of urban convenience and access to nature, which bolsters the area's appeal.

Home Value Estimator For Olean, NY

There are currently 7,647 real estate properties in Olean, NY, with a median automated valuation model (AVM) price of $113,235.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Olean, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Olean, NY, is $155,063.00, with the most expensive house in Olean, NY, topping out at $21,890,284.00 and the cheapest home in Olean, NY, clocking in at $10,099.00. In other words, there’s something for every potential homebuyer or savvy investor in Olean, NY!

Rent Prices In Olean, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Olean, NY, is on a rollercoaster ride. The average rent price in Olean, NY, is $1,032.00. Indeed, when looking to rent in Olean, NY, you can expect to pay as little as $620.00 or as much as $5,210.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Olean, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Olean, NY 14760 Foreclosures


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