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ALLEGANY, NY 14706

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The ALLEGANY, NY real estate market (14706) currently shows 26 active listings, with 13 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are selling faster, averaging 27 days on market compared to 47 days last year.

The median listing price has risen 15.7% year-over-year, from $235,000 to $271,975.

Whether you are buying or selling in ALLEGANY, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 6,051  ·  Density: 28.8/mi²  ·  Median household income: $72,148

Typical home value: $144,491  ·  Homeownership: 77.6%

Market Overview

Active Listings
26
⇧ 85.7% vs 14 last year
Pending
13
50% pending ratio
Median Price
$271,975
⇧ 15.7% vs $235,000 last year
Average Price
$348,429
⇧ 42.7% vs $244,133 last year
Days on Market
27
⇩ 42.6% vs 47 days last year

Price Per Square Foot

Median $/sqft
$135
⇧ 13.4% vs $119/sqft last year
Median Home Size
1,850 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 26 this year vs 14 last year
  • Days on market: 27 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $271,975 (+15.7% YoY)
  • Average: $348,429 (+42.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.9 miles — 269 listings ($75,607,543 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
14706Allegany, NY 147060.0 mi18$3,944,556$212,450$219,142
14760Olean, NY 147606.3 mi60$9,867,000$169,900$164,450
14741Great Valley, NY 147418.5 mi12$6,308,904$413,700$525,742
16729Duke Center, PA 1672910.1 mi1$75,000$75,000$75,000
14770Portville, NY 1477012.4 mi7$853,881$128,650$121,983
16731Eldred, PA 1673113.7 mi9$1,990,953$180,000$221,217
14731Ellicottville, NY 1473114.8 mi98$41,043,380$346,975$418,810
16744Rew, PA 1674416.1 mi1$179,900$179,900$179,900
14755Little Valley, NY 1475517.1 mi9$1,856,124$159,000$206,236
16701Bradford, PA 1670118.5 mi39$5,944,848$128,850$152,432
14101Machias, NY 1410119.3 mi3$906,750$234,000$302,250
14739Friendship, NY 1473920.3 mi3$667,200$222,400$222,400
14772Randolph, NY 1477221.9 mi9$1,969,047$214,950$218,783

Frequently Asked Questions

How many homes are for sale in ALLEGANY, NY 14706?

As of July 2026, there are 26 active listings in ALLEGANY, NY (zip code 14706), compared to 14 the prior year.

What is the median home price in ALLEGANY, NY 14706?

The median listing price in ALLEGANY, NY 14706 is $271,975 as of July 2026, a 15.7% increase from $235,000 the prior year.

How long do homes stay on the market in ALLEGANY, NY?

Homes in ALLEGANY, NY 14706 spend an average of 27 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in ALLEGANY, NY 14706?

Based on current inventory and days-on-market data as of July 2026, ALLEGANY, NY 14706 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 27 days on market compared to 47 days last year.

How much can I save on real estate commission in ALLEGANY, NY?

With SELL123.com's maximum 3% commission, sellers in ALLEGANY, NY 14706 save an estimated $5,440 compared to a typical 5% commission on the median listing price of $271,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.