Commercial Real Estate Market in Salamanca, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 282 off-market properties in Salamanca, NY.
Market Trends
Salamanca, NY spans 138.8 square miles in Cattaraugus County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Salamanca, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Salamanca, NY asks $172/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Salamanca, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Salamanca, NY asks $94/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 68.2%
- Open space 13.5%
- Commercial 11.5%
- Industrial 6.3%
- Civic 0.5%
Largest Zones share of zoned land by district
Single Family Residential
Agricultural Conservation
Waterfront Conservation
General Commercial
Industrial
Salamanca, NY zones 3,449 acres across 10 districts. Commercial zoning covers 11.5% of zoned land, residential 68.2%, open space 13.5% and industrial 6.3%. The largest single district is Single Family Residential at 40.4%. For commercial buyers the practical constraint is that only 17.8% of land carries a commercial or industrial designation.
Single Family Residential (R1)
Section 4.1 -- Single-Family Residential Use District (R1). 4.1.1 Intent. The intent of the R1 Single-Family Residential Use District is to delineate those areas where predominantly single-family detached, low-density residential development has occurred or is ZONING LAW OF THE CITY OF SALAMANCA, NEW YORK 31 likely to occur in the future. It is to protect th…
Market overview
Demographics & Economy
Salamanca, NY has 7,191 residents in 3,519 households. Density runs 52 people per square mile. Median household income here is $40,933 and median gross rent $713 a month.
7,191
Population
3,519
Households
2
Avg Household Size
40
Median Age
14%
College-Educated
88%
High-School Grad
138.8 sq mi
ZIP Area
52
Density / Sq Mi
$40,933
Median Household Income
$35,535
Median Earnings
$713
Median Rent
$82,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Killbuck | — | — |
| Little Valley | — | — |
| Ellicottville | — | $14.87 |
| Humphrey | — | — |
Commercial property in Salamanca, NY asks $69/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Salamanca?
Commercial property in Salamanca, NY asks an average of $69 per square foot. The 6 most recent recorded sales traded at a median of $108/SF. Retail carries the highest asking price at $172/SF.
What zoning applies to commercial property in Salamanca?
Salamanca, NY zones 3,449 acres across 10 districts, of which 11.5% is commercial and 6.3% industrial. The largest single district is Single Family Residential at 40.4% of zoned land. Section 4.1 -- Single-Family Residential Use District (R1). 4.1.1 Intent. The intent of the R1 Single-Family Residential Use District is to delineate those areas where predominantly single-family detached, low-density residential development has occurred or is ZONING LAW OF THE CITY OF SALAMANCA, NEW YORK 31 likely to occur in the future. It is to protect th… Residential zoning covers 68.2% and open space 13.5%.
Where does Realmo's Salamanca market data come from?
Realmo compiles Salamanca, NY figures from 6 recent recorded sales, 5 active sale listings, 282 tracked off-market properties, the current Salamanca zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Salamanca, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 3,449 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
