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Ellicottville, NY

Full City Profile · New York · Cattaraugus County County

4.2 /5.0
A Great
342 Population 417/sq mi density
$88,333 Median Income $49,392 per capita
$277,600 Home Value $158,734 Zillow
$984 Median Rent 24.5% income on rent
45°F Avg Temperature 246 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A
Economy
4.3 / 5.0
$88,333 median income, 5.2% unemployment
A+
Affordability
4.9 / 5.0
$277,600 home value, $984/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
54.3% bachelor's degree or higher

Housing Overview

Median Home Value
$277,600
2% below
US avg: $281,900
Median Rent
$984/mo
15% below
US avg: $1,163/mo
Homeownership Rate
82.2%
26% above US avg (65.4%)
Total Housing Units
570
Median year built: 1946

Home Value by Source

Census Median
$277,600
Zillow (ZHVI)
$158,734
Median Sale Price
$395,000
Median List Price
$349,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.2%
Owner-Occupied
17.8%
Renter-Occupied
82%
18%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $984/mo

Market Indicators (Redfin)

Median Days on Market
63 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
23.5%
of listings with price reduction
Price Per Sq Ft
$311
Active Inventory
17
homes for sale

Affordability & Housing Stock

Rent Burden
24.5%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1946
Average age of housing stock: 80 years
Homeownership Rate
82.2%

Complete Housing Data

Home Values

Census Median Value$277,600
Zillow Home Value (ZHVI)$158,734
Median Sale Price$395,000
Median List Price$349,900
Price Per Sq Ft$311

Rent

Census Median Rent$984
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Days on Market63
Sale-to-List Ratio1.0%
Price Drops23.5%
Homes Sold2
Active Inventory17
Price Per Sq Ft$311

Ownership & Stock

Owner-Occupied82.2%
Renter-Occupied17.8%
Homeownership Rate82.2%
Total Housing Units570
Median Year Built1946
Rent Burden24.5%