The housing market in 14779 Salamanca, NY is significantly more affordable than the national average. The median value of a home in the area is $88,100, while the national median value of a home is $338,100. This makes Salamanca an attractive option for many first time buyers who may not be able to afford more expensive markets. The one-year house appreciation rate for the US was 8.27%, while the one-year appreciation rate in Salamanca was 12.09%. This indicates that real estate values have been increasing quickly in Salamanca, making now a great time to invest in this market before it becomes too expensive.
The median home cost in Salamanca (zip 14779) is $88,100. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Salamanca (zip 14779) is up 14.6%.
Average Age of Homes
- The median age of Salamanca (zip 14779) real estate is 78 years old
The Rental Market in Salamanca (zip 14779)
- Renters make up 36.4% of the Salamanca (zip 14779) population
- 2.6% of houses and apartments in Salamanca (zip 14779), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.