All Home Types
Olean, NY Housing Market
What is the housing market like in Olean today?
In October 2024, Olean home prices were down 8.2% compared to last year, selling for a median price of $104K. On average, homes in Olean sell after 34 days on the market compared to 35 days last year. There were 10 homes sold in October this year, down from 15 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$103,750
-8.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Olean, NY
$103,750
-8.2%
United States
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Olean Migration & Relocation Trends
In Sep '24 - Nov '24, 26% of Olean homebuyers searched to move out of Olean, while 74% looked to stay within the metropolitan area.
- Across the nation, 0.28% of homebuyers searched to move into Olean from outside metros.
- Rochester homebuyers searched to move into Olean more than any other metro followed by New York and Dallas.
Where are people moving to Olean from?
- 74% of Olean homebuyers searched to stay within the Olean metropolitan area.
- Detroit was the most popular destination among Olean homebuyers followed by Albany and Youngstown.
Where are people from Olean moving to?
Number of People Moving to Olean
least
most
People are moving to Olean from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 436 | ||
| 2 | 410 | ||
| 3 | 281 | ||
| 4 | 133 | ||
| 5 | 122 | ||
| 6 | 87 | ||
| 7 | 79 | ||
| 8 | 51 | ||
| 9 | 48 | ||
| 10 | 24 | ||
People are leaving Olean for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 67 | ||
| 2 | 59 | ||
| 3 | 47 | ||
| 4 | 44 | ||
| 5 | 37 | ||
| 6 | 35 | ||
| 7 | 33 | ||
| 8 | 26 | ||
| 9 | 26 | ||
| 10 | 24 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Olean.
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