Is Saratoga Springs, NY 12866 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Saratoga Springs is a seller’s market. With about 3.8 months of supply and 51% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score80/ 100

More competitive than 85% of U.S. ZIP codes, and #291 of 649 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.8Under 4 months = seller’s market
Sold above original list50.7%Share of sales, last 3 months
Median sale-to-list102%Sold price ÷ list price
Median days on market16Listing to accepted offer
Median price per sq ft$362▲ +1.1% vs. last year

The Saratoga Springs housing market right now

In the three months ending August 31, 2026, 51% of homes in Saratoga Springs, NY 12866 sold above their list price, the typical home went under contract in 16 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 140 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 37%, homes sold about as fast and the median sale price rose 9% to $749,676. Overall, Saratoga Springs is more competitive than a year ago, so tougher for buyers.

Within Saratoga County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Saratoga Springs ranks #291 of 649 NY ZIP codes with enough sales (score 80 out of 100).

Nearby, buyers who want less competition could look at Middle Grove 12850 (17% sold over asking) or Rock City Falls 12863 (20% sold over asking), while Victory Mills 12884 (100% sold over asking) and Clifton Park 12065 (75% sold over asking) are even more competitive.

Nearby markets

Ballston Lake 12019Seller’s market $271 /sq ftBallston Spa 12020Seller’s market $271 /sq ftBurnt Hills 12027Seller’s market $276 /sq ftClifton Park 12065Seller’s market $262 /sq ft Browse all markets →

Where Saratoga Springs is

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Questions about Saratoga Springs real estate

Is Saratoga Springs a buyer’s or seller’s market?

A seller’s market: there were 3.8 months of supply in Saratoga Springs, NY 12866 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Saratoga Springs?

The typical home went under contract in 16 days in the latest three months.

Do homes in Saratoga Springs sell over asking?

51% of homes sold above their original list price, and the typical sale closed at 102.0% of the list price.

What are property taxes in Saratoga Springs?

About 1.40% of a home’s value a year in Saratoga County, or roughly $5,600 on a $400,000 home.

What is the median home price in Saratoga Springs?

The median sale price was $749,676 in the three months ending August 31, 2026, about $362 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology