In Olean, 5.34% of people rent their homes or live in apartments. Additionally, 26.48% own their homes free and clear. This map shows which areas are primarily occupied by owners and renters in Olean. See the key below. Areas in grey have 0% owner occupation, which sometimes means there are no homes in the area.
The average vacancy rate in Olean is 12.05%. This map shows vacancy rates by block in the city. Most home buyers want to avoid vacancies. Not only are vacant properties targets for squatters, but it tends to diminish home values over time. Olean areas with high vacancy rates are shown in red, low vacancy rates in green, and high but manageable vacancies in yellow.
The average home in Olean was built in 1983. This map shows the average home age by block or county. People looking for newer or older neighborhoods can use the map to see the average age of homes in neighborhoods in Olean. Areas in green have homes that are, on average, 15 years old or newer. Areas in the darkest red shades have homes that are, on average, 80 years old or older.
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Updated 2023 using the most recent data available (2021)