Home prices
The price of the median home in Salamanca is $64,100. In comparison to its nearby areas this is about $52,180 (44%) lower.It is approximately $153,400 (70%) lower in comparison to the US as a whole, and compared to the city of Buffalo is about $25,700 (28%) lower.
Rents
In Salamanca the median rent is $654 per month. Compared to the surrounding areas this is about $37 (5%) higher.In comparison to the nation as a whole it is roughly $408 (38%) lower, and is approximately $122 (15%) lower compared to the city of Buffalo.
Nearby places
Little Valley
Little Valley is roughly 6 miles northwest of Salamanca. Real estate prices there are a bit more expensive. The value of the median home in Little Valley is $68,500, which works out to $4,400 (6%) higher than Salamanca. Its rents are a little less expensive. The median monthly rent in Little Valley is $582, which works out to $72 (12%) lower than Salamanca.
Ellicottville
Ellicottville is about 7 miles north from Salamanca. Its housing prices are significantly more expensive. Ellicottville's median home cost is $256,000, which is $191,900 (74%) higher than Salamanca. The rent there is a bit more expensive. Ellicottville's median rent is $775 a month, which comes out to $121 (15%) higher than Salamanca.
East Randolph
East Randolph is roughly 10 miles west of Salamanca. The housing prices there are somewhat more expensive. The median home in East Randolph costs $81,600, which comes out to $17,500 (21%) higher than Salamanca. Its rents are somewhat less expensive. In East Randolph the median rent is $563 per month, which works out to $91 (16%) lower than Salamanca.
Limestone
Limestone is approximately 10 miles southeast of Salamanca. Its housing prices are similar. The median home in Limestone is valued at $65,400, which comes out to $1,300 (1%) higher than Salamanca. Rents there are a little less expensive. Limestone's median monthly rent is $508, which is $146 (28%) lower than Salamanca.
Allegany
Allegany is approximately 11 miles southeast from Salamanca. The real estate prices there are substantially more expensive. The median home cost in Allegany is $109,900, which is $45,800 (41%) higher than Salamanca. Its rents are pretty similar. The median rent in Allegany is $659 per month, which is very similar to Salamanca.
