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Saratoga Springs, NY Real Estate


According to census data in the year 2000 there were 11,584 housing units in Saratoga Springs. This represents a 7.7% growth from 10,751 in 1990.

Of those housing units, 11,063 were located in either urbanized areas or urban clusters, and 521 were located in what is classified as a rural area.

Homeownership rate in Saratoga Springs is about 55.8%. Saratoga Springs's vacancy rate, including seasonal lodging, is about 6.9%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Saratoga Springs were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type3.90%
One Bedroom18.20%
Two Bedrooms25.10%
Three Bedrooms32.90%
Four Bedrooms15.30%
Five Bedrooms or more4.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1970
Median Value of occupied units$128,400
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.8
Median year structure was built1954
Median Monthly Rent asked for vacant units$636

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage6.30%
Home Equity Loan9.30%
Simple Mortgage55.30%
Debt Free28.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19%