Home prices
Allegany's median home value is $109,900. In comparison to other places in this area this is roughly $27,640 (33%) higher.It is about $107,600 (49%) lower in comparison to the nation as a whole, and it is approximately $20,100 (22%) higher in comparison to the city of Buffalo.
Rents
Allegany's median rent is $659 per month. This is about $76 (13%) higher compared to its nearby areas.It is about $403 (37%) lower compared to the rest of the country, and is approximately $117 (15%) lower compared to the city of Buffalo.
Nearby places
St. Bonaventure
St. Bonaventure is Allegany's neighbor to the southeast. Its real estate prices are somewhat less expensive. The median home value in St. Bonaventure is $97,100, which works out to $12,800 (13%) lower than Allegany. Rents there are a little less expensive. In St. Bonaventure the median rent is $543 a month, which comes out to $116 (21%) lower than Allegany.
Olean
Olean is about 2 miles east of Allegany. Housing prices there are significantly less expensive. The median home in Olean costs $80,200, which works out to $29,700 (37%) lower than Allegany. Rents there are fairly similar. The median rent in Olean is $648 per month, which works out to $11 (1%) lower than Allegany.
Weston Mills
Weston Mills is roughly 5 miles east from Allegany. Its housing prices are a lot less expensive. The price of the median home in Weston Mills is $81,800, which comes out to $28,100 (34%) lower than Allegany. The rent there is a bit less expensive. In Weston Mills the median monthly rent is $590, which works out to $69 (11%) lower than Allegany.
Limestone
Limestone is approximately 7 miles southwest from Allegany. Real estate prices there are significantly less expensive. The median home cost in Limestone is $65,400, which is $44,500 (68%) lower than Allegany. Rent there is a bit less expensive. The median rent in Limestone is $508 per month, which is $151 (29%) lower than Allegany.
Portville
Portville is roughly 7 miles southeast of Allegany. Its housing prices are somewhat less expensive. The median home in Portville costs $86,800, which comes out to $23,100 (26%) lower than Allegany. The rent there is a bit less expensive. Portville's median monthly rent is $625, which works out to $34 (5%) lower than Allegany.