Section Image

Salamanca

Salamanca

$119,541 Average Value
$77 Average Price per Sq Ft
5 Homes For Sale

Salamanca offers small-town living in the Allegheny Highlands

Salamanca is a mountain town tucked away along the Allegheny River in western New York. Set amid the rolling foothills of the Allegheny Highlands, its residents enjoy small-town living, plenty of outdoor recreation and enough shopping and dining to save a trip to Olean. The city is within the Allegany Indian Reservation, which is part of the Seneca Nation of New York, adding a unique layer to its local identity. “It’s the only city in the country that’s fully on a Native American reservation,” says Realtor Tonya Studley of VP Real Estate, who grew up in Salamanca and now lives in neighboring Randolph.
The city's origins date back to the early 20th century, when it was a bustling rail hub and timber boomtown. Those companies have largely moved on, but several large manufacturing plants are still in business and provide employment for many residents. There’s also a casino in the town owned by the Seneca Nation that brings in thousands of visitors every year. “It’s a big draw for the town,” Studley says.

Older homes with large lots and early 20th-century charm

Salamanca offers older homes dating back to the late 19th and early 20th centuries. The architecture is reflective of that era, with spacious American Foursquares, Craftsman homes, bungalows and traditional homes. Most are situated on large lots with sprawling backyards, large driveways, sheds and one- and two-car garages. Some homes have been well-maintained by their owners, while others have fallen into disrepair and need major renovations. Prices range from around $100,000 to $200,000, although some fixer-uppers have sold for far less. The catch is that non-Native Americans can only purchase homes, but can’t purchase land. “It’s unique in that non-natives can buy a home here, but you’re technically leasing the land it sits on. There’s also a small tax for buying a home on reservation land,” Studley says.

Local parks and river access support an active lifestyle

Salamanca has plenty of parks and outdoor recreation, including Allegheny State Park, which sits just south of town. The park covers more than 64,000 acres and features numerous hiking trails that wind through its hills and forests. It’s also home to two historic dance halls that held concerts and live music throughout the 20th century. “Salamanca is known as a gateway town for Allegheny State Park,” Studley says. Within the town, residents can also take advantage of several local parks, many of which are within walking or biking distance of residential streets. James J. Crowley Community Park is among the largest, with baseball diamonds and a playground just a few hundred yards from the banks of the Allegheny River. Locals can launch their canoes and kayaks from the Peninsula on Lake Allegany.

Prospect Elementary and Salamanca High both earn B-minus grades

Students start their education at Prospect Elementary School, which serves kindergarten through third grade. Niche gives the school a B-minus grade. The next step is C-plus-rated Seneca Intermediate School, which serves grades 4 through 7, followed by Salamanca High School, which gets a B-minus. The high school has a 91% graduation rate, slightly higher than the statewide average. Just under half of all graduates move on to a two- or four-year college. “Salamanca is known for having good schools, and they recently renovated the high school very nicely,” Studley says.

Bowling, gaming, restaurants and antique shopping

The town’s Main Street has a handful of shops and restaurants, many of which are housed in historic brick storefronts dating back to the town’s earliest years. Abuela’s Café offers Puerto Rican staples like empanadas and fried plantains, while New Great Wall is the go-to for Chinese takeout. There’s also a hardware store, a bank, a jewelry store and an antique shop. For upscale dining, residents might consider Myers Hotel & Steakhouse, a long-running eatery serving hearty American fare in a wood-paneled dining room. Central Lanes is the town’s bowling alley, and the Seneca Allegany Resort & Casino offers a wide range of slot machines, card games and entertainment.

No public transit means driving is a must in Salamanca

Salamanca residents will need a car to get around, as public transportation is not available in the area. Interstate 86 skirts the southern edge of town, offering a direct route to larger towns like Jamestown and Olean. Olean General Hospital, the nearest medical center, is about 20 miles east. Buffalo Niagara International Airport is the nearest major airport, about 64 miles away.

Daniel Berti
Written By
Daniel Berti

Interested in learning more about homes in this area? Reach out to Caitlin Croft, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Salamanca Housing Trends

Housing Trends

Median List Price
$124,900
Median Sale Price
$118,450
Median Single Family Sale Price
$115,000
Median Townhouse Sale Price
$130,000
Median Change From 1st List Price
5%
Last 12 months Home Sales
24
Median Home Sale Price YoY Change
25%
Average Price Per Sq Ft
$77

Area Facts

Number of Homes
2,116
Number of Homes for Sale
5
Median Year Built
1910
Months of Supply
2.50
Average Single Family Home Size Sq Ft
1,558
Below the national average
1,927
Average Townhouse Size Sq Ft
2,208
Median Lot Size Sq Ft
9,147

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Salamanca Has More Owners

Demographics

Total Population
6,294
Median Age
39
Population Density
2 ppl/acre
Population under 18
26.5%
On par with the national average
23.8%
Population over 65
19.8%
On par with the national average
19.1%

Finances

Median Household Income
$38,918
Significantly below the national average
$79,601
Average Household Income
$55,110

Education and Workforce

High School Graduates
87%
College Graduates
12.5%
Below the national average
34.1%
Advanced Degrees
4.2%
Below the national average
13.3%
% Population in Labor Force
55.7%

Weather

Annual Precipitation
43''
Average Winter Low Temperature
12°F
Average Summer High Temperature
78°F
Annual Snowfall
82''

Area Factors

Somewhat Bikeable

Bike Score®®

40 / 100

Car-Dependent

Walk Score®®

5 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Salamanca
Caitlin Croft
Iconic Real Estate
Section Image