Saranac Lake, NY Home Values & Market Trends
Real estate market trends reflect that there have been 80 transactions over the past year in Saranac Lake. The median value for residential home transactions that occurred over the previous year is $181,429. The number of current listings in Saranac Lake is 88, and the percentage of properties for sale in the city is 88.00%. Saranac Lake, NY currently has 11 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 88 properties for sale.
Saranac Lake, NY Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 12983 | $ 181,429 $ 124/sqft |
Housing Market Summary for Saranac Lake, NY
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $347K | $329K | -5.19% |
| Median Sold Price | $375.8K | $214.9K | -42.81% |
| Homes For Sale | 77 | 85 | 10.39% |
| Homes Sold | 41 | 24 | -41.46% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Saranac Lake, NY
Browse Homes in Saranac Lake, NY
Saranac Lake home values range from $23,107 to $1,671,345. The median estimated value of a home in Saranac Lake is $181,429. The median list price of a home is 329,000, and the total count of properties in the city is 136.
- Pre-ForeclosurePre-foreclosure homes account for 8.09% of all residential properties in Saranac Lake, NY with 12983 containing 11 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Saranac Lake, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,094,713 in 12983 to the lowest home value of $42,658 in 12983.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Saranac Lake, NY ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Saranac Lake, NY. There is 1 zips within Saranac Lake, NY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Saranac Lake, NY. Auction homes and other auction properties account for 0% of all properties in Saranac Lake, NY. There is 1 zips within Saranac Lake, NY; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Saranac Lake, NY
Guide for Saranac Lake, NY
New York Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.