Cattaraugus County, NY Home Values & Market Trends
The median home price in Cattaraugus County, NY is $125,395.87. There were 1,256 home sales in Cattaraugus County, NY over the past 12 months. The median residential Cattaraugus County, NY home value for transactions over the previous year is $70,000. The number of current listings in Cattaraugus County, NY is 114, and the percentage of properties for sale is 114.00%. The county has 118 foreclosures, 1 bank owned properties, 1 headed for auction, and 114 properties for sale.
Cattaraugus County, NY Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Ellicottville | $ 389,900 $ 304/sqft | Gowanda | $ 119,999 $ 79/sqft |
| Olean | $ 125,733 $ 75/sqft | Delevan | $ -- $ -- |
| Franklinville | $ 139,337 $ 79/sqft | Farmersville Station | $ 69,500 $ 31/sqft |
| Salamanca | $ 87,736 $ 62/sqft | West Valley | $ 191,213 $ 121/sqft |
| Allegany | $ 326,259 $ 122/sqft | Kill Buck | $ -- $ -- |
| Great Valley | $ 649,000 $ 209/sqft | Perrysburg | $ -- $ -- |
| Cattaraugus | $ 139,252 $ 99/sqft | Freedom | $ -- $ -- |
| Little Valley | $ 160,713 $ 114/sqft | Dayton | $ -- $ -- |
| South Dayton | $ 127,500 $ 104/sqft | Yorkshire | $ -- $ -- |
| Randolph | $ 249,377 $ 121/sqft | Westons Mills | $ -- $ -- |
| Limestone | $ 115,467 $ 61/sqft | Hinsdale | $ -- $ -- |
| Portville | $ 177,000 $ 88/sqft | East Otto | $ -- $ -- |
| Conewango Valley | $ -- $ -- | Steamburg | $ -- $ -- |
| Machias | $ 59,900 $ 41/sqft |
Housing Market Summary for Cattaraugus County, NY
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $154.9K | $115.3K | -25.57% |
| Median Sold Price | $109.7K | $115.3K | 5.09% |
| Homes For Sale | 92 | 106 | 15.22% |
| Homes Sold | 539 | 575 | 6.68% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in Cattaraugus County, NY
Cattaraugus County, NY home values range from $15,304 to $6,796,300. Great Valley is the priciest city with a median listing home price of $549,000, and Delevan is most affordable with average house prices of around $54,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.42% of all residential properties in Cattaraugus County, NY with Olean containing 33 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 27 cities within Cattaraugus County, NY; of those cities, the estimated home value for pre-foreclosure homes ranges from $317,019 in Ellicottville to the lowest home value of $21,900 in Salamanca.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cattaraugus County, NY ranges from the highest value of $25,271 in Olean to the lowest value of $25,271 in Olean. Bank owned homes and properties account for 0.00% of properties in Cattaraugus County, NY. There are 27 cities within Cattaraugus County, NY; Olean containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsOlean has 1 auction properties, the highest number of properties going to auction in a single city in the state of Cattaraugus County, NY. Auction homes and other auction properties account for 0.00% of all properties in Cattaraugus County, NY. There are 27 cities within Cattaraugus County, NY; of those cities, the median estimated home value for homes going to auction ranges from $47,660 in Olean to the lowest value of $47,660 in Olean.
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Guide for Cattaraugus County, NY
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.
