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Sarah Mitchell

CNESRESABR

Compass Real Estate · Saratoga Springs, UT

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

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

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Saratoga Springs, UT Housing Market & Real Estate

Seller's market+10.9% YoY

Housing market overview · Updated monthly ·

$559,900median sale price

How is the Saratoga Springs, UT housing market right now?

The median home sale price in Saratoga Springs, UT is $559,900, up 10.9% year-over-year. Homes sell in an average of 50 days with 372 active listings. The market is currently a 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 Springs a buyer's or seller's market?

Seller's market2.8 months of supply50 avg. days on market

Saratoga Springs, UT is currently a seller's market, based on 2.8 months of supply and homes selling in about 50 days. How we determine this →

Homes sold

131

Last 12 weeks

Days on market

50

Average pace

Active listings

372

2.8 months supply

Sale-to-list

99.6%

Below asking

What does the Saratoga Springs housing market data show?

Current housing market statistics for Saratoga Springs, UT
MetricValue
Median sale price$559,900
Median list price$540,000
Year-over-year price change+10.9%
Average days on market50 days
Active inventory372 listings
Months of supply2.8 months
Sale-to-list price ratio99.6%
Median price per sq ft$201/sq ft
Homes sold (latest month)131
New listings (latest month)133
Listings with a price cut40.3%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Saratoga Springs by property type?

How the Saratoga Springs, UT 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 Springs, UT
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$647,472$198/sq ft8944 days
Condo / Co-op$295,000$239/sq ft5155 days
Townhouse$440,000$201/sq ft3767 days

Source: Redfin · Updated monthly

The Saratoga Springs housing market is currently classified as a seller's market with a median sale price of $559,900. Prices have risen 10.9% compared to last year, with homes spending an average of 50 days on market, indicating 2.8 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 4.6x provides context for how home values compare to local earning capacity.

Homes for sale in Saratoga Springs

There are currently 372 homes listed for sale in Saratoga Springs, Utah. The median listing price is $540K.

Active listings

372

Homes on market

Median list price

$540K

Avg. days on market

50

Days until sale

New this week

133

Newly listed

Price drops:40.3%of listings
Sale-to-list:99.6%

Who lives in Saratoga Springs?

Population

44,070

Median income

$123,619/yr

Median age

23.3 years

Owner-occupied

84.1%

College grads

52.0%

Avg commute

27.1 min

Source: U.S. Census Bureau ACS

What are homes worth in Saratoga Springs?

Zillow home value

$563,247

Zillow rent index

$2,267/mo

Price-to-rent ratio

20.7x

Price-to-income

4.6x

Source: Zillow Research

What is it like to live in Saratoga Springs?

Saratoga Springs is a community of approximately 44K residents with a median age of 23.3 years.The median household income is $123,619, which reflects a relatively affluent area with strong earning potential. 52.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 84.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Saratoga Springs offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Saratoga Springs?

14 schools tracked · 14,327 students

The largest public schools serving Saratoga Springs, UT 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.

Westlake High

Grades 10-12 · 2,847 students

Public

Vista Heights Middle

Grades 7-10 · 1,596 students

Public

Lake Mountain Middle

Grades 7-9 · 1,424 students

Public

Harvest School

Grades PK-6 · 1,075 students

Public

Thunder Ridge School

Grades PK-6 · 1,052 students

Public

Lakeview Academy

Grades K-9 · 1,011 students

Charter

Riverview School

Grades PK-6 · 970 students

Public

Sage Hills School

Grades PK-6 · 919 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 Springs, UT?

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

Is Saratoga Springs a good real estate investment market?

For investors evaluating Saratoga Springs, the price-to-rent ratio of 20.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 10.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Saratoga Springs's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Saratoga Springs's median home price.

Frequently asked questions

What is the average home price in Saratoga Springs?

The median home sale price in Saratoga Springs is $559,900, up 10.9% from last year.

How long do homes stay on market in Saratoga Springs?

Homes typically spend 50 days on market before going under contract.

What is the median income in Saratoga Springs?

The median household income is $123,619 per year.

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

With 2.8 months of supply, Saratoga Springs is currently a seller's market.

What is the Zillow home value estimate for Saratoga Springs?

The Zillow Home Value Index (ZHVI) for Saratoga Springs is $563,247, representing the typical home value in the area.

What is the median condo price in Saratoga Springs?

The median condo/co-op sale price in Saratoga Springs, UT is $295,000, compared to $647,472 for a single-family home, based on the latest Redfin data.

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

The median single-family home price in Saratoga Springs, UT is $647,472 (about $198 per square foot).

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