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New Construction Homes for Sale in Olean, NY

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    $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
  • /4

    $24,900 Lot/Land

    1005 Billington St, Olean, NY 14760

    • 3.65 Acres
    • $6,822 per Acre

    Discover the perfect blend of privacy and convenience with this exceptional 3.65-acre parcel nestled on a quiet, low-traffic street just minutes from downtown. Whether you're looking to build your dream single-family home or develop a multi-unit investment property, this versatile lot offers endless potential.With all utilities available at the road, the groundwork is already in place to bring

    Tina Perkins Listing by RE/MAX On Point

    1005 Billington St, 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
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    $39,500 Lot/Land

    1873 Dugan Rd, Olean, NY 14760

    • 2.02 Acres
    • $19,564 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
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    $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
$142,750
Median Single Family Sale Price
$144,950
Median Townhouse Sale Price
$104,900
Average Price Per Sq Ft
$98
Number of Homes for Sale
45
Last 12 months Home Sales
134
Months of Supply
4.00
Median List Price
$149,900
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
19%
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