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Foreclosures in Olean, NY

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Olean, NY Foreclosures

How much do homes sell for in Olean, NY?
The average home price is currently $155,252.
In Olean, NY, how many homes are available?
There are currently 4 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 $21,730,487.
What is currently the cheapest priced home in Olean, NY?
The cheapest home for sale in Olean is priced at $10,026.

Living in Olean, NY

Olean, NY, blends historical charm with a family-friendly atmosphere. It boasts beautiful parks, local amenities, and good schools, making it an attractive area for homebuyers. The city is ideal for those who enjoy outdoor activities and a close-knit community feel.

Current Market Conditions in Olean, NY

The real estate market in Olean is currently experiencing moderate demand, with a variety of housing options available. Prices have shown a steady increase over the past year as the city gains attention from potential buyers looking for affordable housing.

Recent trends indicate that first-time homebuyers are increasingly entering the market. Additionally, investors are showing interest in Olean due to its affordable property prices and potential for growth.

Home Value Estimator For Olean, NY

There are currently 8,027 real estate properties in Olean, NY, with a median automated valuation model (AVM) price of $113,850.00. 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 $155,252.00, with the most expensive house in Olean, NY, topping out at $21,730,487.00 and the cheapest home in Olean, NY, clocking in at $10,026.00. 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 Foreclosures

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