The housing market in 12981 Saranac, NY is strong, with a median home value of $168,400, which is significantly lower than the US median of $338,100. In the last year, homes in Saranac appreciated by 12.09%, which is higher than the US 1 year appreciation rate of 8.27%. This indicates a strong and healthy housing market in this area, with potential for further growth in the coming years. Therefore it would be wise to consider investing in real estate in Saranac perfect for those looking for an affordable option to invest or call home.
The median home cost in Saranac (zip 12981) is $168,400. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Saranac (zip 12981) is up 14.6%.
Average Age of Homes
- The median age of Saranac (zip 12981) real estate is 43 years old
The Rental Market in Saranac (zip 12981)
- Renters make up 14.2% of the Saranac (zip 12981) population
- 0.0% of houses and apartments in Saranac (zip 12981), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.