6

New Construction Homes for Sale in Olean, NY

Section Image Section Image
  • /13

    $24,900 Lot/Land

    1025 Promised Land Rd, Olean, NY 14760

    • 2 Acres
    • $12,450 per Acre

    Just outside of town but tucked away at the end of a quiet road, this 2+/- acre building lot in Olean offers a rare combination: corner-lot access, valley views, and the kind of privacy that’s hard to find this close to town.The land sits slightly elevated from the road, mostly level, with a gentle rise that opens up long views across the valley as you drive toward Olean. You’ll feel like

    Agent Photo

    James Klossner

    Listing by Whitetail Properties Real Estate, LLC

    (585) 534-3329

    1025 Promised Land Rd, Olean, NY 14760
  • /20

    $150,000 Lot/Land

    0 Steam Valley Rd Unit R1658301, Olean, NY 14760

    • 43.35 Acres
    • $3,460 per Acre

    The property is a mix of former open pasture land (5-8 acres) with the balance in various stages of wooded property and brushy areas. Along the road front is a 10-stall horse barn with electric. The sellers formerly had horses here and with a little maintenance on the fields they could flourish here again. The forested property is a mix of younger transition areas and some older hardwoods. There

    Brian Bullard Listing by Timberland Realty

    0 Steam Valley Rd Unit R1658301, 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
  • /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

    $49,900 Lot/Land

    1873 Dugan Rd, Olean, NY 14760

    • 2.02 Acres
    • $24,715 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
$144,000
Median Single Family Sale Price
$148,400
Median Townhouse Sale Price
$49,900
Average Price Per Sq Ft
$100
Number of Homes for Sale
42
Last 12 months Home Sales
142
Months of Supply
3.50
Median List Price
$149,900
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
27%
How to Buy a Home How to Finance a Home How to Sell a Home