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New Construction Homes in Olean, NY

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  • /43

    $152,500 Lot/Land

    0 Morgan Hollow Rd, Olean, NY 14760

    • 43.56 Acres
    • $3,501 per Acre

    The property is completely wooded with a solid gravel drive at the road front leading to a former log landing which would be a great spot for home, camp or camper. The woods is comprised of hard maple, soft maple, black cherry, red oak, white oak, beech and white pine. Timber was harvested in the recent past leaving an excellent internal trail system that accesses every part of the property.

    Brian Bullard Listing by Timberland Realty

    0 Morgan Hollow Rd, Olean, NY 14760
  • /21

    $24,900 Lot/Land

    VL Cherry St, Olean, NY 14760

    • 4.85 Acres
    • $5,134 per Acre

    Looking for a place to deer hunt or camp near the city? This unique property offers the perfect combination of seclusion and accessibility, located just on the edge of the City of Olean and mere minutes from downtown. Nestled on a quiet dead-end road (Cherry Street), the property is accessed via a recorded easement, ensuring privacy and convenient entry. Abundant deer sign throughout the land

    Paul Vaicunas WHITETAIL PROPERTIES REAL ESTATE LLC (NY)

    VL Cherry St, Olean, NY 14760
  • /10

    $179,900 Lot/Land

    1547 Happy Hollow Rd, Olean, NY 14760

    • 1.07 Acres
    • $168,131 per Acre

    OLEAN. UNIQUE PROPERTY WITH SMALL LIVING QUARTERS FOR YEAR AROUND LIVING OR A GREAT GET AWAY LOCATION. 40 X 50 HEATED WORK SHOP. 2 STOCKED PONDS WITH FOUNTAINS. COVERED BBQ PIT. COVERED PATIO ALONG THE SIDE OF THE WORK SHOP. COMPLETE FENCED YARD. THIS PROPERTY IA ALSO LISTED UNDER RESIDENTIAL MLS #R1631798;

    Thomas Fenner Listing by Real Estate Pros & More

    1547 Happy Hollow Rd, Olean, NY 14760
  • /20

    $150,000 Lot/Land

    0 E River Rd Unit 11414574, Olean-Town, NY 14760

    • 43.35 Acres
    • $3,460 per Acre

    Wonderful property loaded with possibilities, containing 3 adjoining parcels that total 43.35 acres. The first parcel is a 5.15 acre parcel with a 10 stall horse barn with electric that can be accessed from Steam Valley Road. A portion is cleared and is ready to build on. The other two parcels are a combination of open and wooded land, where deer and turkey evidence abound. Both have narrow

    Brian Bullard

    0 E River Rd Unit 11414574, Olean-Town, NY 14760
  • /5

    $6,999 Lot/Land

    489 Martha Ave, Olean, NY 14760

    • 0.12 Acre
    • $58,325 per Acre

    The Town of Olean in Cattaraugus County, New York State. This is 5280 SQ. FT. Dimensions are 40x132 (0.12 acres of cleared, vacant land). This home is located at 489 Martha Ave, Olean, NY 14760.......ANYONE MAY WALK THE VACANT LAND WITHOUT PERMISSION

    Joseph Lombardo LOMBARDO HOMES & ESTATES

    489 Martha Ave, Olean, NY 14760
  • /28

    $150,000 Lot/Land

    0 Steam Valley Rd Unit R1491953, Olean, NY 14760

    • 43.35 Acres
    • $3,460 per Acre

    Wonderful property loaded with possibilities, containing 3 parcels that total 43.35 acres. The first parcel is a 5.15 acre parcel with a 10 stall horse barn with electric that can be accessed from Steam Valley Road. A portion was cleared and is ready to build on. The other two parcels are a combination of open and wooded land, where deer and turkey evidence abound, can be accessed from East

    Brian Bullard Listing by Timberland Realty

    0 Steam Valley Rd Unit R1491953, Olean, NY 14760
  • /18

    $15,000 Lot/Land

    511 N 7th St, Olean, NY 14760

    • 0.09 Acre
    • $170,068 per Acre

    Buildable vacant lot located on a quiet dead-end street in the City of Olean. The lot measures approximately 30 feet wide by 128 feet deep, providing a solid footprint for a single-family home or investment property. Utilities are available at the road for easy hookup. Conveniently located near shopping, restaurants, and other local amenities. A great opportunity for a new build in a central

    Jon Shingledecker Listing by eXp Realty

    511 N 7th St, Olean, NY 14760
  • /12

    $59,900 Lot/Land

    1873 Dugan Rd, Olean, NY 14760

    • 2.02 Acres
    • $29,668 per Acre

    Opportunity awaits with this more than 2-acre corner lot located at the intersection of Dugan Road and Goodrich Road in the Town of Olean. This spacious, cleared parcel offers the ideal setting to bring your dream home or next project to life. The property is already equipped with a water well on site and offers access to the City of Olean sewer system, giving you a head start on your build. It

    Paul Pezzimenti Listing by Howard Hanna Professionals - Olean

    1873 Dugan Rd, Olean, NY 14760
  • /7

    $12,000 Lot/Land

    1013-1025 Brook St, Olean, NY 14760

    • 1.5 Acres
    • $8,000 per Acre

    Discover the perfect blend of urban convenience and suburban tranquility with this stunning 1.5-acre lot nestled in the highly sought-after neighborhoods of East Olean. Imagine building your dream home or investment property on this expansive land, where the possibilities are as endless as your imagination. Located in the charming city of Olean, this prime real estate offers the best of both

    Paul Pezzimenti Listing by Howard Hanna Professionals - Olean

    1013-1025 Brook St, Olean, NY 14760

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Olean, NY usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Olean, NY hold their value?
Yes, especially in fast-growing areas of Olean, NY. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Olean, NY

Housing Trends

Median Sale Price
$130,000
Median Single Family Sale Price
$142,750
Median Townhouse Sale Price
$102,200
Average Price Per Sq Ft
$97
Number of Homes for Sale
43
Last 12 months Home Sales
143
Months of Supply
3.60
Median List Price
$149,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
17%
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