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 market is currently assessed as Accelerated, driven by a pending ratio of 0.76, indicating robust demand relative to available inventory. Despite a decline in the pending ratio year-over-year, absorption remains elevated. The median listing price increased 2.6% month-over-month to $189,900.
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.
Active listings have shown a marginal contraction of 1.1% over the past year, while new listings have decreased more substantially by 13.9% year-over-year. Concurrently, the median listing price has declined by 14.6% year-over-year, despite a recent month-over-month increase. The pending ratio has observed a modest year-over-year decline of 1.8 percentage points, indicating a slight easing in the pace of demand absorption compared to the prior year. Median days on market have compressed by 4.4% year-over-year.
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 pending ratio of 0.76, the market exhibits considerable demand absorption pressure on existing supply, facilitating a faster transaction pace. The current inventory dynamics, characterized by contracting active and new listings, suggest that properties are moving quickly once listed. This environment generally necessitates timely decision-making from prospective purchasers to secure available properties.
The average listing price has declined by 10.9% year-over-year, alongside a 7.1% year-over-year reduction in median $/sqft. The average listing price ($281,154) remains notably higher than the median listing price ($189,900), suggesting continued bifurcation and softness at higher price points within the market segment.
230 active listings represent the current floor, with new supply arriving at roughly 62 per month.
of active listings carry a price reduction, +0.1% from prior period.
Median price per square foot has moved -7.1% 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
- 76%
- Median Days on Market
- 71 days
- Inventory YoY
- −1%
Demand is strong in Olean, NY. Check your Sold Score before you price — conditions this favorable don't hold forever.
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