Market Overview
Home Prices in Cattaraugus, NY
The median home value in Cattaraugus, NY is $171,898 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.2% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cattaraugus are priced58% below average. Cattaraugus is part of the Olean, NY metro area.
Over the past five years, Cattaraugus home values have risen by approximately44.7%, reflecting strong long-term appreciation in this market.
Price History
Cattaraugus Home Price Trend
City Comparison
Cattaraugus vs. National Median
At $171,898, homes in Cattaraugus cost 58% below the national median of $410,000. This makes Cattaraugus a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cattaraugus?
20% Down Payment
$34,380
on $171,898
Monthly P&I
$897/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,139/mo
incl. taxes & insurance
Income Needed
$45,560
gross annual (30% rule)
10% Down Option
$17,190
+ PMI applies
Loan Amount (20% dn)
$137,518
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cattaraugus, NY?
The median home value in Cattaraugus is $171,898 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.2% year-over-year.
How much have home prices changed in Cattaraugus?
Over the past year, home values in Cattaraugus have increased by 9.2%. Over five years, prices have risen approximately 44.7%.
How much do I need to earn to buy a home in Cattaraugus?
To comfortably afford the median home price of $171,898 with a 20% down payment ($34,380) at today's rates (6.8%), you'd need a gross annual income of approximately $45,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Cattaraugus compare to the national average home price?
The national median home value is approximately $410,000. At $171,898, homes in Cattaraugus are 58% below the national average.
What metro area is Cattaraugus part of?
Cattaraugus is part of the Olean, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.