Housing in Saranac Lake, NY
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$397,500
Median List Price
N/A
Price Per Sq Ft
$202
Days on Market
9
Active Inventory
5
Months of Supply
1.3
Seller's market
Zillow Home Value
$312,531
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
25.0%
Sale-to-List Ratio
98.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$202
Saranac Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Saranac Lake is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$188,900
Median Rent
$826
Total Housing Units
2,820
Vacancy Rate
11.1%
Owner Occupied
47.5%
Renter Occupied
52.5%
Median Property Tax
$4,458
per year
Monthly Cost (w/ Mortgage)
$1,295
Housing Types
The current median sale price in Saranac Lake, NY is $397,500 according to Redfin data. Homes spend a median of 9 days on the market. 25.0% of homes sold above asking price. The market has 1.3 months of supply. The median price per square foot is $202. The median rent is $826 per month (Census ACS). About 47.5% of housing units are owner-occupied. The median year homes were built is 1938. There are 2,820 total housing units.