Saranac Lake, NY Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Saranac Lake, NY is $310,000, up 59.0% year-over-year. Homes sell in an average of 130 days with 5 active listings. The market is currently a balanced market.
$310,000median sale price
Homes sold
5
Last 12 weeks
Days on market
130
Average pace
Active listings
5
1.0 months supply
Sale-to-list
90.5%
Below asking
Saranac Lake, NY market data
| Metric | Value |
|---|---|
| Median sale price | $310,000 |
| Median list price | $479,925 |
| Year-over-year price change | +59.0% |
| Average days on market | 130 days |
| Active inventory | 5 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 90.5% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Saranac Lake housing market is currently classified as a balanced market with a median sale price of $310,000. Prices have risen 59.0% compared to last year, with homes spending an average of 130 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Saranac Lake
There are currently 5 homes listed for sale in Saranac Lake, New York. The median listing price is $480K.
Active listings
5
Homes on market
Median list price
$480K
Avg. days on market
130
Days until sale
New this week
2
Newly listed
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Frequently asked questions
What is the average home price in Saranac Lake?
The median home sale price in Saranac Lake is $310,000, up 59.0% from last year.
How long do homes stay on market in Saranac Lake?
Homes typically spend 130 days on market before going under contract.
Is Saranac Lake a buyer's or seller's market?
With 1.0 months of supply, Saranac Lake is currently a balanced market.
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