Salamanca, NY—14779
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Salamanca, NY
As of Oct '25, the median home price in Salamanca, NY is $105,000, with a year-over-year change of 5.1%. This indicates that home prices in Salamanca, NY are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $105,000 | 5.1% |
| Single Family | $105,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $101,000 | 1.0% |
3 Bed | $99,000 | 3.1% |
4 Bed | $124,000 | 6.0% |
| 5 Bed | $122,000 | 4.3% |
% of Housing Stock
Rental Trends — Salamanca, NY
As of July '25, Rentcast reports the average rent in Salamanca, NY is $967, with a year-over-year rent change of -19.4%. Per bedroom, the median rent as of July '25 in Salamanca, NY is 2-bedrooms: $800, 3-bedrooms: $1,300. The most common rental property sizes in Salamanca, NY are 2-bedroom and 3-bedroom, accounting for 39.2% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $967 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $800 | $800 |
| 3 Bed Rent | $1,300 | $1,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Salamanca, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Salamanca, NY is 70. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $98,500 | -13.0% |
Listing Count | 21 | 15.0% |
| Listings as % of Homes | 0.4% | 15.0% |
Days on Market | 70 | 4.0% |
Demographics — Salamanca, NY
As of the latest ACS Survey released in 2023, Salamanca, NY has a population of 6,790, which has remained stable by 0.1% over the past 5 years. Salamanca, NY is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 14.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,790 | 0.1% |
% Under 18 | 24.8% | -12.1% |
% Seniors | 18.1% | 16.0% |
% WFH | 4.4% | 214.3% |
% w/ College Degree | 14.5% | 12.4% |
As of the latest ACS Survey released in 2023, Salamanca, NY is a predominantly white area, with 67.6% of the population identifying as white. The white population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in Salamanca, NY is hispanic, making up 4.9% of the population. Foreign-born residents account for 1.5% of the population in Salamanca, NY, and this percentage has decreased by 25.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.6% | 1.7% |
% Black | 2.2% | 0.0% |
% Hispanic | 4.9% | -12.5% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 1.5% | -25.0% |
Mortgage and Risk — Salamanca, NY
According to HUD data as of 2023, there were 50 mortgage originations in Salamanca, NY, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Salamanca, NY. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 50 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 0.0% |
% Second Loans | 28.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Salamanca, NY
Salamanca, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 188 |
Total Units Section 8 | 188 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 75.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | $150 | $800 | $950 |
| 3 Bedroom | -$130 | $1,300 | $1,170 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Salamanca, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $105,000 |
| Median Household Income | $40,900 |