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Saranac Lake - Lake FlowerPhoto: Mwanner at English Wikipedia · CC BY-SA 3.0
Housing in Saranac Lake

45 homes sold in Saranac Lake in the last year, at a typical $348K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Saranac Lake homes are listed.

Homes sold
45
October 2025 to September 2026
Typical sale price
$348K
median, weighted by sales
Price per square foot
$203
New York $398
Paid vs. asking
95.3%
25% sold over asking
For sale now
23
September 2026 · 2 sold that month
What sold · last 12 months

Houses are 88% of Saranac Lake’s sales, at a typical $347K (year to May 2026)

45 homes sold in the year to September 2026.

Houses$347K

typical sale · 51 sold in the year to May 2026

Per square foot
$225NY $316
Days to sell
49
Sold over asking
29%
Listings with a price cut
26%
Fewer sales

Multi-family (2–4 units): 6 sold, typical $236K
Condos: 1 sold, typical $310K

Too few sales in 12 months for reliable figures.

12 years of sales

Fewer homes sell than before 2022, at 2.5 times the 2016 price

45 sales in the last year, against 88 in 2021 and a low of 34 in 2024. The typical sale went from $138K in 2016 to $348K.

Homes soldTypical sale price
0255075100$175K$250K$325K$400K2014: 39 sold, typical $124K’142015: 56 sold, typical $145K2016: 64 sold, typical $138K’162017: 53 sold, typical $142K2018: 62 sold, typical $152K’182019: 54 sold, typical $163K2020: 62 sold, typical $215K’202021: 88 sold, typical $249K2022: 54 sold, typical $269K’222023: 58 sold, typical $270K2024: 34 sold, typical $270K’242025: 60 sold, typical $302KLast 12 months: 45 sold, typical $348KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $350K buys in Saranac Lake

Houseat $225 a sq ft, year to May 2026
The same money in New Yorkat $316 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Saranac Lake homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Saranac Lake are more common than before the pandemic, but half fewer homes come up for sale

We read every month of Saranac Lake’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 45 sales.

If you’re buying in Saranac Lake

  • Shop in April. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (8% over asking).
  • Offer under asking. Buyers paid 95.3% of the list price on average; 25% paid over.
  • You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 63 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 8 a month), but July is the most competitive: 26% of July sales close over asking. April offers nearly as much choice with fewer homes bid up (8%). February has the least competition (3%) but only about 4 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 3 new listings a month, 13% sold over asking, 165 days to sellJFeb: 4 new listings a month, 3% sold over asking, 193 days to sellFMar: 5 new listings a month, 13% sold over asking, 220 days to sellMApr: 7 new listings a month, 8% sold over asking, 134 days to sellAMay: 6 new listings a month, 21% sold over asking, 138 days to sellMJun: 8 new listings a month, 23% sold over asking, 176 days to sellJJul: 6 new listings a month, 26% sold over asking, 163 days to sellJAug: 7 new listings a month, 18% sold over asking, 104 days to sellASep: 5 new listings a month, 17% sold over asking, 109 days to sellSOct: 3 new listings a month, 18% sold over asking, 132 days to sellONov: 3 new listings a month, 23% sold over asking, 133 days to sellNDec: 2 new listings a month, 9% sold over asking, 148 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than New York

Saranac Lake now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price25%11%24%39%
Gone within two weeksShare of homes under contract within 14 days33%1%2%25%
Price paid vs. askingAverage sale price ÷ list price95.3%93.3%96.7%100.5%
Days to sellMedian days from listing to contract6319811343
Supply

12 homes for sale on a typical day

That’s 53% fewer than in 2017–19 and well under 2015’s 37.

2014: 26 for sale’142015: 37 for sale2016: 30 for sale2017: 29 for sale’172018: 27 for sale2019: 21 for sale2020: 27 for sale’202021: 30 for sale2022: 21 for sale2023: 19 for sale’232024: 14 for sale2025: 16 for saleLast 12 months: 12 for saleNow

Source: Redfin Data Center, city figures, January 2014 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Saranac Lake home costs about $2,437 a month

Mortgage
Property tax
Insurance
Rent

Price: Saranac Lake’s typical sale, last 12 months. Property tax at Saranac Lake’s 2.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Saranac Lake is affordable on local pay is on Cost of living.

Before you buy in Saranac Lake

Six things worth knowing

8

New listings in June

The month with the most choice. December has the fewest, about 2.

Best time to buy
2.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $348K home, about $7,470 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Saranac Lake, from test results, graduation and how much students grow.

Schools in Saranac Lake
16 min

Typical commute

The average one-way trip to work for people who live in Saranac Lake.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Tupper Lake sells for less a square foot; Lake Placid, North Elba and Keene for far more

The busier markets within 25 miles of Saranac Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
North Elba120$559K$29710%62
Harrietstown49$390K$23321%65
Saranac Lake45$348K$20325%63
Jay39$306K$23215%106
Lake Placid39$623K$31314%50
Tupper Lake22$180K$13512%101
Keene22$479K$3498%145

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Saranac Lake, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Saranac Lake. People who follow the town see it, and so do people comparing Saranac Lake with their own town. No commission, no listing fee.

Questions about buying a home in Saranac Lake

What do homes sell for in Saranac Lake, NY?

45 homes sold in the year to September 2026 at a typical $348K, $203 a square foot.

Is Saranac Lake a buyer’s or seller’s market?

A buyer’s market: 23 homes were for sale in September 2026 and 2 sold, about 11.5 months of supply. Buyers paid 95.3% of asking on average.

When is the best time to buy in Saranac Lake?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Saranac Lake?

About 2.1% of a home’s value a year. On a $348K home that’s near $7,470.

Where can I see homes for sale in Saranac Lake?

Zillow, Redfin, Realtor.com and Homes.com all carry Saranac Lake’s MLS listings; the search links above open each one filtered to Saranac Lake.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).