Home Values

Saratoga County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$234,500

  • -0.3% 1-year change
  • -0.2% 1-year forecast

The median home value in Saratoga County is $234,500. Saratoga County home values have declined -0.3% over the past year and Zillow predicts they will fall -0.2% within the next year. The median rent price in Saratoga County is $1,595, which is higher than the Albany Metro median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In Saratoga County 1.8 homes are foreclosed (per 10,000). This is lower than the Albany Metro value of 3.1 and also lower than the national value of 3.8

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 Saratoga County is 6.8%, which is higher than the national value of 6.0%. 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 Saratoga County homeowners underwater on their mortgage is 7.7%, which is lower than Albany Metro at 13.0%.

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Relative ZHVI
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Saratoga County Market Overview

Data through Jun 30, 2015
  • $234,500 ZHVI
  • -0.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jun 30, 2016)
  • No data Median listing price
  • $245,750 Median sale price
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Saratoga County Market Health

Data through Jun 30, 2015
  • 4.5/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 154 Average days on Zillow (May 31, 2015)
  • 7.7% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 6.8% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

2 Saratoga County
3 Albany Metro
4 United States
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Cities in Saratoga County

Name Median ZHVI
Saratoga Springs $295,900
Wilton $278,500
Malta $241,900
Name Median ZHVI
Ballston $225,600
Greenfield Center $222,400
Town of Milton $215,900
Name Median ZHVI
Ballston Spa $182,200
North Ballston Spa $178,400
Town of Corinth $148,000

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $149 Median sale price / sq ft
  • No data Listings with price cut
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Saratoga County Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $1,767 Saratoga County
    $1,505 Albany Metro
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,595 Rent list price
  • $1.18 Rent list price / sq ft
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