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Short Sale Listings in Saranac Lake, NY

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Saranac Lake, NY Foreclosures

How much do homes sell for in Saranac Lake, NY?
The average home price is currently $495,474.
In Saranac Lake, NY, how many homes are available?
There are currently 3 active home listings available in Saranac Lake.
What’s the average rental cost in Saranac Lake, NY?
The average rental price in Saranac Lake is $1,624.
What is the most expensive home in Saranac Lake?
The most expensive home sold in Saranac Lake had a price of $18,347,702.
What is currently the cheapest priced home in Saranac Lake, NY?
The cheapest home for sale in Saranac Lake is priced at $18,399.

Living in Saranac Lake, NY

Saranac Lake is a small village located in the heart of the Adirondack Mountains, offering a unique blend of outdoor adventures and small-town charm. Known for its beautiful lakes and hiking trails, the area attracts nature enthusiasts and visitors looking for a peaceful retreat. The community is rich in history and hosts various events, creating a vibrant, close-knit atmosphere.

Current Market Conditions in Saranac Lake, NY

The real estate market in Saranac Lake has displayed a steady increase in demand over recent months. Due to its picturesque location and recreational opportunities, homes in the area are being sought after, leading to competitive pricing.

As more individuals and families look for second homes or primary residences in scenic locations, Saranac Lake has become a desirable spot. The influx of interest has resulted in rising home prices, although the market still offers diverse options to cater to different buyers.

Home Value Estimator For Saranac Lake, NY

There are currently 3,323 real estate properties in Saranac Lake, NY, with a median automated valuation model (AVM) price of $310,891.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Saranac Lake, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Saranac Lake, NY, is $495,474.00, with the most expensive house in Saranac Lake, NY, topping out at $18,347,702.00 and the cheapest home in Saranac Lake, NY, clocking in at $18,399.00. In other words, there’s something for every potential homebuyer or savvy investor in Saranac Lake, NY!

Rent Prices In Saranac Lake, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Saranac Lake, NY, is on a rollercoaster ride. The average rent price in Saranac Lake, NY, is $1,624.00. Indeed, when looking to rent in Saranac Lake, NY, you can expect to pay as little as $690.00 or as much as $3,350.00, with the average rent median estimated to be $1,590.00. The good news is that finding an affordable and desirable property to rent in Saranac Lake, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Saranac Lake, NY Short Sale Listings

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