The housing market in Olean town, NY is doing well compared to the US median. The median value of homes in Olean town is $158,000, significantly lower than the US median of $338,100. However, it has seen a strong 1 year appreciation rate of 12.09%, higher than the national figure of 8.27%. This suggests that investing in real estate in Olean town can be very lucrative and provides good opportunities for buyers and investors alike.
The median home cost in Olean town is $158,000. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Olean town is up 14.6%.
Average Age of Homes
- The median age of Olean town real estate is 57 years old
The Rental Market in Olean town
- Renters make up 16.7% of the Olean town population
- 0.0% of houses and apartments in Olean town, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.