Land Market Insights and Pricing in Allegany County, New York

Nestled in western New York, Allegany County offers a diverse landscape for land buyers, featuring rolling hills, forested areas, and the Genesee River bisecting its terrain. The county boasts Alma Hill, the highest point in New York west of the Catskills at 2,548 feet, providing breathtaking views. With a mix of agricultural land in the north and west, and timber-rich forests in the south, Allegany presents varied opportunities for land use. The presence of Allegany State Park in the southwest corner adds recreational value. While the county's property tax rate of 2.94% is higher than the national average, the median home price of $97,900 reflects affordable land options. The area's economy is anchored by educational services and healthcare, comprising 35.2% of employment. Interstate 86 and state routes enhance accessibility, connecting major towns like Belmont and Wellsville. Prospective buyers should note the county's low population density and FEMA's assessment of minimal natural disaster risk, making Allegany an attractive option for those seeking rural tranquility with diverse land potential.