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Featured local agent — Saratoga, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Saratoga, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Saratoga, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Saratoga, CA Housing Market & Real Estate

Strong seller's market-5.1% YoY

Housing market overview · Updated monthly ·

$4.15Mmedian sale price

How is the Saratoga, CA housing market right now?

The median home sale price in Saratoga, CA is $4.15M, down 5.1% year-over-year. Homes sell in an average of 13 days with 37 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Saratoga a buyer's or seller's market?

Strong seller's market1.5 months of supply13 avg. days on market

Saratoga, CA is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 13 days. How we determine this →

Homes sold

25

Last 12 weeks

Days on market

13

Fast-moving

Active listings

37

1.5 months supply

Sale-to-list

101.9%

Above asking

What does the Saratoga housing market data show?

Current housing market statistics for Saratoga, CA
MetricValue
Median sale price$4.15M
Median list price$4.20M
Year-over-year price change-5.1%
Average days on market13 days
Active inventory37 listings
Months of supply1.5 months
Sale-to-list price ratio101.9%
Median price per sq ft$1,562/sq ft
Homes sold (latest month)25
New listings (latest month)33
Listings with a price cut24.3%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Saratoga by property type?

How the Saratoga, CA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Saratoga, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$4.20M$1,679/sq ft2310 days
Condo / Co-op$985,000$800/sq ft228 days
Townhouse$1.26M$838/sq ft318 days

Source: Redfin · Updated monthly

The Saratoga housing market is currently classified as a strong seller's market with a median sale price of $4.15M. Prices have fallen 5.1% compared to last year, with homes spending an average of 13 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 17.0x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Saratoga

There are currently 37 homes listed for sale in Saratoga, California. The median listing price is $4.2M.

Active listings

37

Homes on market

Median list price

$4.2M

Avg. days on market

13

Days until sale

New this week

33

Newly listed

Price drops:24.3%of listings
Sale-to-list:101.9%

Who lives in Saratoga?

Population

30,335

Median income

$241,348/yr

Median age

51.3 years

Owner-occupied

86.6%

College grads

81.2%

Avg commute

27.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Saratoga?

Zillow home value

$4.10M

Zillow rent index

$5,991/mo

Price-to-rent ratio

57.1x

Price-to-income

17.0x

Source: Zillow Research

What is it like to live in Saratoga?

Saratoga is a community of approximately 30K residents with a median age of 51.3 years.The median household income is $241,348, which reflects a relatively affluent area with strong earning potential. 81.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 86.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Saratoga offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Saratoga?

10 schools tracked · 5,485 students

The largest public schools serving Saratoga, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Prospect High

Grades 9-12 · 1,492 students

Public

Saratoga High

Grades 9-12 · 1,198 students

Public

Redwood Middle

Grades 6-8 · 647 students

Public

Marshall Lane Elementary

Grades K-5 · 415 students

Charter

Blue Hills Elementary

Grades K-5 · 399 students

Public

Christa McAuliffe

Grades K-8 · 376 students

Public

Argonaut Elementary

Grades K-5 · 354 students

Public

Saratoga Elementary

Grades K-5 · 311 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Saratoga, CA?

Want a head-to-head view? Compare Saratoga side-by-side with any other U.S. city using our market-comparison tool.

Is Saratoga a good real estate investment market?

For investors evaluating Saratoga, the price-to-rent ratio of 57.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 5.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Saratoga's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Saratoga's median home price.

Frequently asked questions

What is the average home price in Saratoga?

The median home sale price in Saratoga is $4.15M, down 5.1% from last year.

How long do homes stay on market in Saratoga?

Homes typically spend 13 days on market before going under contract.

What is the median income in Saratoga?

The median household income is $241,348 per year.

Is Saratoga a buyer's or seller's market?

With 1.5 months of supply, Saratoga is currently a strong seller's market.

What is the Zillow home value estimate for Saratoga?

The Zillow Home Value Index (ZHVI) for Saratoga is $4.10M, representing the typical home value in the area.

What is the median condo price in Saratoga?

The median condo/co-op sale price in Saratoga, CA is $985,000, compared to $4.20M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Saratoga?

The median single-family home price in Saratoga, CA is $4.20M (about $1,679 per square foot).

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