Real Estate Investing in Conewango Valley, New York (14726)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Cattaraugus County • Population: 2,681 • Data updated: September 2026

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Should you buy in 14726 (Conewango Valley, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (57/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
3 flags
  • High vacancy: 18.2% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • Elevated poverty: 20.2% poverty rate — can affect rent collection.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Conewango Valley, NY (14726)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $149,003
Avg Monthly Rent $1,161
1% Rule ✗ Does Not Meet
Median Income $53,542
% Renters 9.4%

Market Analysis: 14726 Conewango Valley

The 14726 ZIP in Conewango Valley, NY is a local-operator market. Outside capital chasing a $149K entry has to pair deep knowledge with the discount.

Rent of $1,161/mo on a $149K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 14726 sits below the stated 0.0% once reality is priced in.

The gap between 14726 and stronger Conewango Valley ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Who lives in 14726 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

The 14726 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Conewango Valley:

B Good
Buy Confidence Score: 70/100
Affordability
20/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.8× the median income
Value Trend
Rising (+3.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,161/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Olean, NY Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Olean, NY metro data

Market Trends

Home Value History (with trend line)

$157K$136K$115K$94K$74K$53KJul 2006Jul 2016Jul 2026

📊 How Does 14726 Compare?

Metric 14726 Conewango Valley Olean, NY New York
Home Value $149,003 $149,003 N/A $505,608
5-Year CAGR 6.0% 6.0% N/A 6.6%
Avg Rent $1,161 $1,161 N/A -
Cap Rate 6.1% 6.1% - -
💡 Why Invest in 14726? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 14726 (Conewango Valley, NY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
6.1%
Good
5yr Growth
+6.0%
Moderate

📉 Market Crash Risk Index

Based on Olean, NY metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
65%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $149,003
Monthly Rent $1,161
Price-to-Rent 10.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 9.4%
Cap Rate 6.1%
5-Year IRR 12.0%

📈 Home Appreciation

1-Year +3.9% ▲
3-Year CAGR +3.5% ▲
5-Year CAGR +6.0% ▲
10-Year CAGR +8.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 6.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (6.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
18.2%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.0%
Stable
Eviction process: Slow Rent control: Unfavorable

Demographics in 14726

Population: 2,681

💰 Median Household Income
$53,542
This area
$53,542
State
$86,376
USA
$74,580
🏠 Renter Occupied
9.4%
This area
9.4%
State
26.4%
USA
34.0%
💼 Unemployment Rate
1.9%
This area
1.9%
State
-24.2%
USA
3.7%
🎓 College Educated
10.8%
This area
10.8%
State
4.2%
USA
33.7%
👤 Median Age
19.0 years
This area
19.0 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
18.2%
This area
18.2%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 98.7%
Other/Mixed 1.3%
Hispanic/Latino 1.0%
👶 Under 18
48.2%
This area
48.2%
USA
22.0%
👴 65 and Over
7.7%
This area
7.7%
USA
17.3%
📊 Poverty Rate
20.2%
This area
20.2%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Nearby Colleges & Universities

1 Nearby 626 Off-Campus Students
C+
Jamestown Community College
3,772 students · 13.9 mi

Investor Insight: With 626 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Are there empty rentals in Conewango Valley, NY?

Conewango Valley, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.

How deep is the rental pool in Conewango Valley, NY?

Expect a solid tenant pool in Conewango Valley, NY. The rental market absorbs $1,161/mo rents without meaningful friction.

How much do tenants pay in Conewango Valley, NY?

Rent in Conewango Valley, NY is around $1,161/mo. The resulting rent-to-value relationship with $149K pricing is reasonable for most investor models.

What real estate strategy is ideal for Conewango Valley, NY?

For Conewango Valley, NY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

What kind of market is Conewango Valley, NY for investors?

Our data puts Conewango Valley, NY at 3.0/5 for investability. Home prices of $149K and rents around $1,161/mo create a solid backdrop for investor activity.

You know 14726 now. You don’t know where it ranks.

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How 14726 ranks in Olean, NY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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