Olean, NY
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's accelerated Olean market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Olean, NY.
The Olean, NY market is currently in an accelerated state, evidenced by a pending ratio of 0.78, indicating robust demand absorption. This occurs even as the median listing price has contracted significantly by 19.2% year-over-year.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Olean market right now.
Inventory remains relatively constrained, with active listings showing a modest 4.5% increase year-over-year. New listings held steady, posting no year-over-year change. The market is experiencing downward price adjustments, with the median listing price declining 6.8% month-over-month and 19.2% year-over-year. The median price per square foot has also decreased by 11.6% over the past year, reflecting broader price discipline.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With a high pending ratio, the current pace of transactions suggests sustained demand pressure on available inventory. While active listings have edged up slightly, the rapid absorption of properties implies that price discipline remains a key factor in successful transactions. Prospective sellers may find a responsive market, but pricing must align with recent value adjustments.
The average listing price has declined by 21.4% year-over-year, outpacing the 19.2% decline in the median listing price. This, combined with an 11.6% year-over-year decrease in median price per square foot, indicates notable softening within the higher price tiers of the market.
232 active listings represent the current floor, with new supply arriving at roughly 80 per month.
of active listings carry a price reduction, +4.0% from prior period.
Median price per square foot has moved -11.6% year-over-year.
Pending-to-active ratio — Accelerated.
Recommended For This Market
AcceleratedSelling in Olean, NY? Homes here are taking 3 days less to sell than last year.
Demand in Olean, NY is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.
- Buyer Demand Index
- 78%
- Median Days on Market
- 58 days
- Inventory YoY
- +5%
Demand is strong in Olean, NY. Check your Sold Score before you price — conditions this favorable don't hold forever.
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Metro Demographics
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