Market Overview
Home Prices in Delevan, NY
The median home value in Delevan, NY is $202,046 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Delevan are priced51% below average. Delevan is part of the Olean, NY metro area.
Over the past five years, Delevan home values have risen by approximately37.5%, reflecting strong long-term appreciation in this market.
Price History
Delevan Home Price Trend
City Comparison
Delevan vs. National Median
At $202,046, homes in Delevan cost 51% below the national median of $410,000. This makes Delevan a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Delevan?
20% Down Payment
$40,409
on $202,046
Monthly P&I
$1,054/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,339/mo
incl. taxes & insurance
Income Needed
$53,560
gross annual (30% rule)
10% Down Option
$20,205
+ PMI applies
Loan Amount (20% dn)
$161,637
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 Delevan, NY?
The median home value in Delevan is $202,046 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Delevan?
Over the past year, home values in Delevan have increased by 5%. Over five years, prices have risen approximately 37.5%.
How much do I need to earn to buy a home in Delevan?
To comfortably afford the median home price of $202,046 with a 20% down payment ($40,409) at today's rates (6.8%), you'd need a gross annual income of approximately $53,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Delevan compare to the national average home price?
The national median home value is approximately $410,000. At $202,046, homes in Delevan are 51% below the national average.
What metro area is Delevan part of?
Delevan is part of the Olean, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.