Is Olean, MO 65064 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Olean is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$179▼ −3.8% vs. last year

The Olean housing market right now

In the three months ending August 31, 2026, 0% of homes in Olean, MO 65064 sold above their list price, the typical home went under contract in 54 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (35 days then) and the median sale price fell 26% to $359,744. Overall, Olean is less competitive than a year ago, which gives buyers more room.

Within Miller County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby markets

Brumley 65017Buyer’s market $78 /sq ftEldon 65026Balanced $169 /sq ftEugene 65032Balanced $156 /sq ftIberia 65486Seller’s market $141 /sq ft Browse all markets →

Where Olean is

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Questions about Olean real estate

Is Olean a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Olean, MO 65064 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Olean?

The typical home went under contract in 54 days in the latest three months.

Do homes in Olean sell over asking?

0% of homes sold above their original list price.

What are property taxes in Olean?

About 0.57% of a home’s value a year in Miller County, or roughly $2,280 on a $400,000 home.

What is the median home price in Olean?

The median sale price was $359,744 in the three months ending August 31, 2026, about $179 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology