Olean, NY Housing Market & City Data

Explore key insights and real experiences from people who call Olean home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

13,437

Population Estimate

$79,950

Median Home Value

94.6%

Employment Rate

25.0%

Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of October 2026

HOUSING DATA (October 2026)

Median Price per SqFt$96

Median Listing Price$149,000

Median Days on Market55

Active Listings51

New Listings16

Total Listings (Active + Pending)97

Avg Listing Price$156,443

Avg Listing Price Change MoM13%

Avg Listing Price Change YoY5%

HOUSEHOLD OVERVIEW

Family Size2.96

Family Dual Income49.7

Median Household Income$41,742

Median Individual Income$25,154

Home Ownership51.7%

Home Value$79,950

Median Rent$648

Rent Burden30.5%

Poverty19.9%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

No Highschool Degree or GED9.6%
Highschool Education36.1%
Some College29.3%
Bachelors Degree12.3%
Graduate Degree12.7%
Total College or Above25.0%
Stem Degree35.3%

GENDER BREAKDOWN

Male49.8%
Female50.2%

MARITAL STATUS

Married40.3%
Divorced17.7%
Never Married35.3%
Widowed6.7%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityOlean

State IDNY

Population13,437

AGE BREAKDOWN

Age Group	% of Population
Under 18	23.4%
19–29	11.1%
30–39	13.8%
40–49	11.3%

Age Group	% of Population
50–59	15.5%
60–69	13.7%
70–79	7.6%
80+	3.8%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation62.7%

Unemployment Rate5.4%

Disabled18.2%

ETHNICITY

White90.6%

Black3.5%

Asian2.0%

Native American1.3%

Pacific Islander0.0%

Other0.0%

Multiple2.7%

OTHER

Hispanic1.4%

Limited English0.9%

Health Uninsured5.2%

Veteran8.6%

Local Discussions

Community questions and conversations about living in Olean, NY.

Is Olean, NY a good place to buy a house?
Local perspectives on Olean home prices, buyer demand, neighborhoods, and what to consider before buying a home.
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What are the best neighborhoods in Olean, NY for families?
Local insights on Olean neighborhoods, schools, parks, commute times, and other factors families may want to consider.
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What should home buyers know about the Olean, NY housing market?
Local insights on Olean home prices, housing inventory, buyer competition, and current real estate market conditions.
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Is it better to buy or rent a home in Olean, NY?
Compare Olean home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.
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What are the most affordable neighborhoods in Olean, NY?
Explore Olean neighborhoods where home buyers may find more affordable housing options and better value for their budget.
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How much income do you need to buy a house in Olean, NY?
Learn how Olean home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.
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How much are property taxes on a home in Olean, NY?
Learn how Olean property taxes are calculated and how they can affect the overall cost of owning a home.
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What are the best neighborhoods in Olean, NY for first-time home buyers?
Explore Olean neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.
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What is it like to live in Olean, NY?
Local perspectives on Olean neighborhoods, cost of living, weather, commuting, things to do, and everyday life.
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What should I know before moving to Olean, NY?
What newcomers should know about Olean housing costs, neighborhoods, transportation, weather, and everyday expenses.
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