Explore Saratoga Springs, NY - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
C+
Cap Rate
2.55%
Investor Friendly Score
51.00%
Median Price
$652,500

Market Insights

The housing market in Saratoga Springs continues to see strong price appreciation, with values up 51.9% compared to last year. Home prices have decreased 12.1% in the past month. At the current pace, all available homes in Saratoga Springs would sell out in just 1.9 months, indicating a continued supply shortage. Homes are taking about 20 days to sell, which is -18 days longer than this time last year. Approximately 20.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Saratoga Springs market with the affordability index at 104.0. Looking ahead, the Saratoga Springs market is expected to maintain its current trajectory with relatively stable conditions.

Demographics market for - Saratoga Springs, NY

Total Population -

27,821

White Population

89.07%

Black Population

4.22%

Mexican25.82% (0.96% of total population)
Puerto Rican28.92% (1.07% of total population)
Cuban1.26% (0.05% of total population)
Dominican6.29% (0.23% of total population)
Salvadoran6.96% (0.26% of total population)
Costa Rican10.93% (0.41% of total population)
Gautemalan5.13% (0.19% of total population)
Honduran0.48% (0.02% of total population)
Nicaraguan0%
Panamanian0%
Argentinean0.48% (0.02% of total population)
Bolivian0%
Chilean0%
Colombian4.35% (0.16% of total population)
Ecuadorian2.22% (0.08% of total population)
Peruvian1.35% (0.05% of total population)
Uruguyan0%
Venezuelan5.80% (0.22% of total population)

Indian 21.57% (0.80% of total population)
Bangladeshi 0%
Chinese 36.75% (1.37% of total population)
Bhutanese 0%
Burmese 0%
Filipino 0.58% (0.02% of total population)
Hmong 0%
Indonesian 0%
Japanese 2.61% (0.10% of total population)
Korean 14.89% (0.55% of total population)
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 2.90% (0.11% of total population)
Vietnamese 1.26% (0.05% of total population)

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Saratoga Springs, NY

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Real Estate Market Prediction for - Saratoga Springs, NY

City Hotspots

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