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 $165,205, lower than the Nebraska average of $188,542.
The average cost of rent is $809/mo in Olean, primarily driven by the current value of real estate in the Olean area. While nearly 68.55% of residents own their homes outright in Olean, 27.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Olean is $5,681 per month. Households that rent pay about 14.24% of their income on rent here. Olean's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Howells, NE: less expensive homes
- Dodge, NE: less expensive homes
- Snyder, NE: less expensive homes
- Monterey, NE: higher priced homes
- Clarkson, NE: less expensive homes
- West Point, NE: equally priced homes
- Beemer, NE: less expensive homes
- Leigh, NE: less expensive homes
- Wisner, NE: less expensive homes
- Scribner, NE: less expensive homes
Cities with Similar Populations
- Overland, NE: higher priced homes
- Port Tobacco Village, MD: higher priced homes
- Poplar Springs, TN: higher priced homes
- Poplar Grove, PA: higher priced homes
- Poplar Beach, NY: higher priced homes
- Pontotoc, TX: higher priced homes
- Pointe Aux Barques, MI: less expensive homes
- Palatka, AR: less expensive homes
- Paines Hollow, NY: less expensive homes
- Oyhut, WA: higher priced homes
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