Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Olean area can be challenging. Home prices in Olean are now at a median cost of $196,882, higher than the Indiana average of $175,617.
The average cost of rent is $828/mo in Olean, primarily driven by the current value of real estate in the Olean area. While nearly 26.48% of residents own their homes outright in Olean, 5.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Olean is $7,608 per month. Households that rent pay about 10.88% of their income on rent here. Olean's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Friendship, IN: equally priced homes
- Versailles, IN: less expensive homes
- Cross Plains, IN: equally priced homes
- Farmers Retreat, IN: less expensive homes
- Correct, IN: less expensive homes
- Elrod, IN: less expensive homes
- Dillsboro, IN: less expensive homes
- Pierceville, IN: less expensive homes
- Rexville, IN: less expensive homes
- New Marion, IN: less expensive homes
Cities with Similar Populations
- Pruett, IL: less expensive homes
- Paul, AL: less expensive homes
- Pearl, MI: less expensive homes
- Penton, AL: less expensive homes
- Perks, IL: less expensive homes
- Piney Ridge, NC: less expensive homes
- Piney Woods, AL: less expensive homes
- Pittsburg, IA: less expensive homes
- Plano, IN: equally priced homes
- Pleasant Valley, WA: higher priced homes
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