Saratoga Springs, NY

Population: 27,315
Average annual home appreciation rate: 10.47%
Total of homes for sale in this market: 305
Median home price: $294,895
Median Rent: $973 per room
Home price range: 27.39% of homes are between $198,001 – $297,000
Median sales price: $329,500
Number of homes: 144
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 53.16% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 11.78%
Number of renters: 49.07%
Number of owner occupied: 50.93%
Number people living below poverty level: 7.90%
Unemployment rate: 4.10%
Is this area perfect for real estate deals going on right now? Relative to New York, our data show that Saratoga Springs’s latest annual appreciation rate is higher than 80% of the other cities and towns in New York. With that knowlege, the great home prices and incredible rental rates, this could be the right recipe for the savvy buy and hold investor.

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