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GREAT VALLEY, NY 14741

Real Estate Market Report  ·  Cattaraugus County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
13
⇩ 18.8% vs 16 last year
Pending
4
31% pending ratio
Median Price
$349,900
⇩ 2.5% vs $359,000 last year
Average Price
$467,911
⇩ 7.7% vs $506,963 last year
Days on Market
93
⇩ 4.1% vs 97 days last year

Market Context

Population: 1,887  ·  Density: 11.7/mi²  ·  Median household income: $75,227

Typical home value: $118,460  ·  Homeownership: 93.9%

Market Analysis

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

The GREAT VALLEY, NY real estate market (14741) currently shows 13 active listings, with 4 pending sales. Homes are averaging 93 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 93 days on market compared to 97 days last year.

The median listing price has fallen 2.5% year-over-year, from $359,000 to $349,900.

Whether you are buying or selling in GREAT VALLEY, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 16 last year
  • Days on market: 93 now vs 97 last year

Median & Average Pricing

Year over Year
  • Median: $349,900 (-2.5% YoY)
  • Average: $467,911 (-7.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.9 miles — 217 listings ($67,099,433 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
14741Great Valley, NY 147410.0 mi13$6,082,843$349,900$467,911
14731Ellicottville, NY 147316.3 mi92$37,429,464$299,450$406,842
14743Hinsdale, NY 147439.8 mi2$300,000$150,000$150,000
14737Franklinville, NY 1473711.7 mi12$1,623,900$139,950$135,325
14101Machias, NY 1410111.9 mi4$1,217,332$239,000$304,333
14760Olean, NY 1476013.8 mi63$10,511,928$179,900$166,856
14729East Otto, NY 1472914.7 mi4$2,116,000$529,000$529,000
14788Westons Mills, NY 1478815.7 mi1$112,900$112,900$112,900
14042Delevan, NY 1404218.2 mi2$353,800$176,900$176,900
14772Randolph, NY 1477218.7 mi8$1,530,264$190,000$191,283
14786West Clarksville, NY 1478619.9 mi1$179,900$179,900$179,900
16745Rixford, PA 1674521.0 mi1$279,900$279,900$279,900
14141Springville, NY 1414121.9 mi14$5,361,202$297,450$382,943

Frequently Asked Questions

How many homes are for sale in GREAT VALLEY, NY 14741?

As of January 2026, there are 13 active listings in GREAT VALLEY, NY (zip code 14741), compared to 16 the prior year.

What is the median home price in GREAT VALLEY, NY 14741?

The median listing price in GREAT VALLEY, NY 14741 is $349,900 as of January 2026, a 2.5% decrease from $359,000 the prior year.

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

Homes in GREAT VALLEY, NY 14741 spend an average of 93 days on the market before going under contract, compared to 97 days the prior year.

Is it a seller's or buyer's market in GREAT VALLEY, NY 14741?

Based on current inventory and days-on-market data as of January 2026, GREAT VALLEY, NY 14741 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 93 days on market compared to 97 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GREAT VALLEY, NY 14741 save an estimated $6,998 compared to a typical 5% commission on the median listing price of $349,900. 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.