Market Overview
Home Prices in Saratoga Springs, NY
The median home value in Saratoga Springs, NY is $663,116 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Saratoga Springs are priced62% above average. Saratoga Springs is part of the Albany-Schenectady-Troy, NY metro area.
Over the past five years, Saratoga Springs home values have risen by approximately37.3%, reflecting strong long-term appreciation in this market.
Price History
Saratoga Springs Home Price Trend
City Comparison
Saratoga Springs vs. National Median
At $663,116, homes in Saratoga Springs cost 62% above the national median of $410,000. Buyers in Saratoga Springs should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Saratoga Springs?
20% Down Payment
$132,623
on $663,116
Monthly P&I
$3,458/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,392/mo
incl. taxes & insurance
Income Needed
$175,680
gross annual (30% rule)
10% Down Option
$66,312
+ PMI applies
Loan Amount (20% dn)
$530,493
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Saratoga Springs, NY?
The median home value in Saratoga Springs is $663,116 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6% year-over-year.
How much have home prices changed in Saratoga Springs?
Over the past year, home values in Saratoga Springs have increased by 6%. Over five years, prices have risen approximately 37.3%.
How much do I need to earn to buy a home in Saratoga Springs?
To comfortably afford the median home price of $663,116 with a 20% down payment ($132,623) at today's rates (6.8%), you'd need a gross annual income of approximately $175,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Saratoga Springs compare to the national average home price?
The national median home value is approximately $410,000. At $663,116, homes in Saratoga Springs are 62% above the national average.
What metro area is Saratoga Springs part of?
Saratoga Springs is part of the Albany-Schenectady-Troy, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.