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Learn about the people, housing, costs and businesses in Olean, New York
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Olean.
True all-in cost — P&I, taxes, insurance & utilities for homes in Olean.
Find and compare lenders active near Olean.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Olean.
Seismic risk and earthquake insurance estimates for Olean.
Wildfire exposure and insurance estimates for Olean.
As of today, the 30-year fixed mortgage rate for Olean is approximately 7.520% (7.578% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for OleanThe median home value in Olean is $87k. The median monthly rent is $879. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Olean have increased 26.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $786/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Olean is $52k/year.
Calculate your buying powerThe largest employment sectors in Olean are public administration (33%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.