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Featured local agent — Allegany, NY
Sarah Mitchell
Compass Real Estate · Allegany, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Allegany, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$90,005median sale price
How is the Allegany, NY housing market right now?
The median home sale price in Allegany, NY is $90,005. Homes sell in an average of 6 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Allegany a buyer's or seller's market?
Allegany, NY is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
6
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
112.7%
Above asking
What does the Allegany housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $90,005 |
| Median list price | $249,900 |
| Average days on market | 6 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 112.7% |
| Median price per sq ft | $81/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Allegany by property type?
How the Allegany, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $90,005 | $81/sq ft | 1 | 6 days |
Source: Redfin · Updated monthly
The Allegany housing market is currently classified as a strong seller's market with a median sale price of $90,005. Prices have fallen 0.0% compared to last year, with homes spending an average of 6 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Allegany
There are currently 1 homes listed for sale in Allegany, New York. The median listing price is $250K.
Active listings
1
Homes on market
Median list price
$250K
Avg. days on market
6
Days until sale
New this week
1
Newly listed
Who lives in Allegany?
Population
1,773
Median income
$73,802/yr
Median age
37.1 years
Owner-occupied
64.1%
College grads
46.7%
Avg commute
16.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Allegany?
Allegany is a community of approximately 2K residents with a median age of 37.1 years.The median household income is $73,802, which represents a working-class community with solid middle-income opportunities. 46.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 64.1%, showing a blend of owner and renter-occupied properties. The average commute time is 16.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Allegany offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Allegany?
2 schools tracked · 1,038 students
The largest public schools serving Allegany, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
ALLEGANY-LIMESTONE MIDDLE-HIGH SCHOOL
Grades 6-12 · 555 students
ALLEGANY-LIMESTONE ELEMENTARY SCHOOL
Grades PK-5 · 483 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Allegany, NY?
Want a head-to-head view? Compare Allegany side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Allegany?
The median home sale price in Allegany is $90,005, down 0.0% from last year.
How long do homes stay on market in Allegany?
Homes typically spend 6 days on market before going under contract.
What is the median income in Allegany?
The median household income is $73,802 per year.
Is Allegany a buyer's or seller's market?
With 1.0 months of supply, Allegany is currently a strong seller's market.
How much does a single-family home cost in Allegany?
The median single-family home price in Allegany, NY is $90,005 (about $81 per square foot).
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