Market Summary

Saranac Lake, Franklin County, NY

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Median Home Price Price

$310,046 $310K

Median Monthly Rent Rent

$1,020 $1K

GRM

25.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Franklin County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within NY outside of Franklin County

Region Price Rent GRM Display
$382,218 $1,135 28.0x
$412,446 $1,276 27.0x
$292,666 $1,150 21.0x
$496,951 $1,577 26.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NY

Region Price Rent GRM Display
$352,534 $1,312 22.0x
$384,648 $1,046 31.0x
$355,683 $1,007 29.0x
$294,559 $1,037 24.0x
$408,380 $1,449 24.0x
$300,307 $935 27.0x
$148,724 $953 13.0x
$337,265 $877 32.0x
$231,591 $879 22.0x
$248,364 $940 22.0x
$188,557 $1,019 15.0x
$339,292 $1,059 27.0x
$275,947 $1,450 16.0x
$182,998 $934 16.0x
$508,027 $1,117 38.0x
$372,313 $1,148 27.0x
$521,947 $1,463 30.0x
$140,739 $1,162 10.0x
$166,997 $919 15.0x
$360,043 $1,369 22.0x
$506,780 $1,613 26.0x
$440,266 $1,415 26.0x
$307,143 $980 26.0x
$219,783 $1,827 10.0x
$616,006 $1,873 27.0x
$379,040 $960 33.0x
$188,459 $1,041 15.0x
$210,711 $1,104 16.0x
$316,433 $922 29.0x
$460,662 $1,662 23.0x
$376,608 $843 37.0x
$171,304 $1,001 14.0x
$195,468 $975 17.0x
$440,662 $1,185 31.0x
$291,016 $1,063 23.0x

Home prices

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Monthly rent

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GRM

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Saranac Lake

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Trend Insights

Median Rent in Saranac Lake, NY is $1,020, with MoM change +$7 and YoY change +$34 pointing to positive momentum while volatility is low (std $7).

Benchmark Markets Side by Side

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Metric
Base market Saranac Lake, NY
Compare market Select a market
Delta vs base
Median rent
$1,020
N/A
Median price
$310,046
N/A
YoY change
+$34
N/A
Price-to-rent
25.3x
Data unavailable
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