Local Market0 views · 1 answer
How competitive is the Olean housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 69/100
- YoY Good Chance of Selling
- Pending ratio
- 0.84
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 60
- YoY days on market
- Price cuts
- 20.6%
- YoY of active listings
Olean is competitive as of May 2026, with a Sold Score of 69/100 (Good Chance of Selling).
**Pending ratio** is 0.84 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +11.5% — more choices for buyers than a year ago.
**Median days on market** is 60. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 20.6% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 69/100 (Good Chance of Selling) · Pending ratio: 0.84 · Inventory YoY: +11.5% · Median days on market: 60 · Sellers cutting price: 20.6% · Median listing price: $184,950 (-22.9% YoY)
Olean snapshot
As of the latest 2026 data- Median listing
- $185K
- YoY -0.2%
- Active inventory
- 197
- YoY +0.0%
- Median DOM
- 64
- YoY +0.1%
- Pending ratio
- 0.89
- YoY +0.2%
- Price-reduced
- 11.6%
- YoY -0.0%