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Olean, NY Home Values and Rents
The median home value in Olean is $86,100, 827th highest of 837 cities and towns in New York. Median rent is $794 a month.
- Median home value
- $86,100
- 827th of 837 in NY
- Median rent
- $794/mo
- ACS 2020-2024
- Price change, 1 year
- +8.4%
- County index, 2025
- Homeownership
- 55.1%
- NY: 54.3%
Cattaraugus County home price trend
FHFA annual House Price Index for Cattaraugus County, 2000 = 100, compared with New York
Show as a table
| Period | Cattaraugus County |
|---|---|
| 2025 | 273 |
| 2024 | 252 |
| 2023 | 240 |
| 2022 | 205 |
| 2021 | 180 |
| 2020 | 162 |
| 2019 | 160 |
| 2018 | 147 |
| 2017 | 144 |
| 2016 | 146 |
| 2015 | 140 |
| 2014 | 142 |
| 2013 | 133 |
| 2012 | 138 |
| 2011 | 137 |
Over five years, Cattaraugus County prices changed +68.5%, compared with +44.0% for New York.
Source: Federal Housing Finance Agency · Last updated 07/01/2026
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 14760 | $94,600 | $785 | +14.5% | +80.1% |
Frequently asked questions
- What is the median home value in Olean, NY?
- The median home value in Olean is $86,100, based on the American Community Survey 2020-2024 5-year estimates. The New York median is $423,800.
- How much is rent in Olean?
- The median rent in Olean is $794 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
- Are home prices going up in Olean?
- Home prices in Cattaraugus County changed +8.4% over one year and +68.5% over five years, as of 2025.
- How does Olean compare with the rest of New York?
- Olean has the 827th highest median home value of 837 cities and towns with 1,000+ residents in New York.
- Which ZIP code in Olean has the highest home values?
- ZIP code 14760 has the highest median home value at $94,600.