Is Saratoga County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Saratoga County has remained a Seller's Market.
Key Takeaway
Saratoga County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saratoga County, NY
How much do homes in Saratoga County, NY cost?
Median Sold Price
$404,793
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Saratoga County have sold for 5% more than they did a year ago.
Summary: The median home sold price in Saratoga County was $404,793 in March 2024, up 5% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $288.7K | $190K | -34.2% |
| 2 Bedrooms | $269K | $275.8K | +2.5% |
| 3 Bedrooms | $364.4K | $380K | +4.3% |
| 4 Bedrooms | $455.3K | $476.5K | +4.7% |
| 5+ Bedrooms | $450K | $480K | +6.7% |
Summary: Saratoga County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.2%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Counties
| Schenectady County | $235K | $255K | +8.5% |
| Albany County | $270K | $289.9K | +7.4% |
| Rensselaer County | $244.5K | $257.3K | +5.2% |
| Saratoga County | $385.4K | $404.7K | +5.0% |
| Washington County | $199.9K | $200K | 0.0% |
Housing Supply in Saratoga County, NY
How many homes are available in Saratoga County, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 604 | 541 | -10.4% |
Summary: The Saratoga County real estate market had 541 homes for sale in March 2024, a 10.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 97 | 78 | -19.6% |
| 3 Bedrooms | 256 | 238 | -7.0% |
| 4 Bedrooms | 175 | 146 | -16.6% |
| 5+ Bedrooms | 71 | 72 | +1.4% |
Summary: The Saratoga County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 19.6%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 16.6%, and 5+ bedroom homes increased by 1.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 140 | 131 | -6.4% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
65 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saratoga County, you could pay more than the asking price. 49.6% of homes here sold above asking price last month.
Summary: A total of 131 homes were sold or pending in Saratoga County in March 2024, down by 6.4% month-over-month. Of the 131 sold homes, 37% were sold under asking, 14% were sold at asking, and 50% were sold over asking.
Days on Market for Saratoga County, NY
How long does it take to sell a home in Saratoga County, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 34 Days | -8.1% |
Summary: Homes in Saratoga County had an average of 34 days on market in Mar 2024, down by 8.1% compared to last year.
Breakdown of Home Sale Times
89 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saratoga County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 131 homes were sold in Saratoga County; 68% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. 
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally