Saranac Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Saranac is $84, which is lower than the Plattsburgh Metro average of $102. The median price of homes currently listed in Saranac is $115,000 while the median price of homes that sold is $120,231.

Foreclosures will be a factor impacting home values in the next several years. In Saranac 7.4 homes are foreclosed (per 10,000). This is greater than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Saranac is 4.5%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Saranac homeowners underwater on their mortgage is 13.1%.

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Relative ZHVI
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Saranac Market Overview

Data through Jun 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $115,000 Median listing price
  • No recent data Median sale price
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Saranac Market Health

Data through Jun 30, 2014
  • No recent data
  • No data Average of days on Zillow
  • 13.1% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 4.5% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Town of Peru $143,800 Town of Plattsburgh $130,000 Morrisonville $121,500
Beekmantown $120,900 Schuyler Falls $112,900 Au Sable $97,000
Bellmont $88,700 Town of Altona $82,400 Ellenburg $72,900

Listings & Sales

Data through Jun 30, 2014
  • $84 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 7.7% Listings with price cut
5.7%
Sold below listing
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Saranac Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,777 Saranac
$1,749 Plattsburgh Metro
$1,310 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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