Investor-grade market analytics for Olean, New York. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$169,277
+4.6% year-over-year
7.6%
gross annual
-5.9%
base case (Zillow ZHVF)
-5.9% year-over-year
Migration: Top 49% nationally
In-migrants avg $49,096 AGI vs out-migrants $44,702
Opportunity Zone Market
5 ZIP codes in Olean are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Olean, NY shows steady growth at 4.6% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 2.91x, below the national average of 4.8x. Modest net positive migration (+2 returns/year) provides steady demand support. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 7.57% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
Olean, NY's primary climate exposure is flooding (50/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.