The Saratoga Springs housing market is somewhat competitive. The median sale price of a home in Saratoga Springs was $525K last month, down 14.6% since last year. The median sale price per square foot in Saratoga Springs is $377, up 4.9% since last year.
What is the housing market like in Saratoga Springs today?
In October 2024, Saratoga Springs home prices were down 14.6% compared to last year, selling for a median price of $525K. On average, homes in Saratoga Springs sell after 25 days on the market compared to 13 days last year. There were 38 homes sold in October this year, up from 25 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$525,000
-14.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Saratoga Springs, NY
$525,000
-14.6%
United States
To compare other locations to the Saratoga Springs and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Saratoga Springs add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Saratoga Springs housing market?
Saratoga Springs is somewhat competitive. Homes sell in 18 days.
0
100
60
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 18 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Saratoga Springs, NY
99.3%
-0.66 pt
United States
Saratoga Springs Migration & Relocation Trends
In Aug '24 - Oct '24, 26% of Saratoga Springs homebuyers searched to move out of Saratoga Springs, while 74% looked to stay within the metropolitan area.
Where are people moving to Saratoga Springs from?
Across the nation, 0.40% of homebuyers searched to move into Saratoga Springs from outside metros.
New York homebuyers searched to move into Saratoga Springs more than any other metro followed by Syracuse and Washington.
Where are people from Saratoga Springs moving to?
74% of Saratoga Springs homebuyers searched to stay within the Saratoga Springs metropolitan area.
Myrtle Beach was the most popular destination among Saratoga Springs homebuyers followed by Sarasota and Rochester.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
View houses in Saratoga Springs that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Saratoga Springs housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Saratoga Springs.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Saratoga Springs has a minor risk of flooding. 957 properties in Saratoga Springs are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Saratoga Springs. Flood risk is increasing slower than the national average.
70% of properties are at risk of wildfire over the next 30 years
Fire Factor
Saratoga Springs has a moderate risk of wildfire. There are 7,918 properties in Saratoga Springs that have some risk of being affected by wildfire over the next 30 years. This represents 70% of all properties in Saratoga Springs.
82% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Saratoga Springs has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Saratoga Springs is most at risk from hurricanes. 9,308 properties in Saratoga Springs have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 60 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 64 mph.
99% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Saratoga Springs has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Saratoga Springs have a Moderate Heat Factor®.
Saratoga Springs is expected to see a 128% increase in the number of days over 97ºF over the next 30 years. Saratoga Springs is expected to experience 7