2025 Compare Cities Housing:
Saranac Lake, NY vs Lake Placid, NY

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Highlights
- The median age of a home in Saranac Lake is 22.4% older than the median age of a home in Lake Placid.
 Saranac Lake, NYLake Placid, NYUnited States
 Median Home Age58  Unlock42
 Median Home Cost  Unlock$327,600$338,100
 Home Appr. Last 12 months14.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock55.4%57.0%
 Home Appr. Last 10 yrs.64.5%  Unlock101.1%
 Property Tax Rate  Unlock$14.6$11.0
 Homes Owned47.5%  Unlock57.4%
 Housing Vacant  Unlock39.5%11.2%
 Homes Rented38.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Saranac Lake, NYLake Placid, NYUnited States
 Average Rent  Unlock$1,310$1,840
 Studio Apartment$540  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$830$1,180
 2 Bedroom Home or Apartment$800  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,330$1,860
 4 Bedroom Home or Apartment$1,120  Unlock$2,160
 space1
 Vacant Housing
 Saranac Lake, NYLake Placid, NYUnited States
 Vacant For Rent  Unlock0.0%1.9%
 Vacant Rented1.2%  Unlock0.4%
 Vacant For Sale  Unlock1.3%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock32.0%3.6%
 Vacant Other3.6%  Unlock4.1%
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 Owner-Occupied Housing Value
 Saranac Lake, NYLake Placid, NYUnited States
 Less Than $20,000  Unlock0.0%2.6%
 $20,000 to $39,9991.8%  Unlock2.4%
 $40,000 to $59,999  Unlock8.5%2.8%
 $60,000 to $79,9999.3%  Unlock3.9%
 $80,000 to $99,999  Unlock5.1%4.5%
 $100,000 to $149,99925.0%  Unlock11.3%
 $150,000 to $199,999  Unlock1.9%13.0%
 $200,000 to $299,99921.5%  Unlock20.1%
 $300,000 to $399,999  Unlock7.2%13.6%
 $400,000 to $499,9990.0%  Unlock8.3%
 $500,000 to $749,999  Unlock22.4%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock10.8%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Saranac Lake, NYLake Placid, NYUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock15.3%13.6%
 2000 to 20093.6%  Unlock13.6%
 1990 to 1999  Unlock8.9%13.6%
 1980 to 19895.6%  Unlock13.2%
 1970 to 1979  Unlock11.1%14.8%
 1960 to 19692.9%  Unlock13.6%
 1950 to 1959  Unlock9.4%10.0%
 1940 to 19495.2%  Unlock4.7%
 1939 or Earlier  Unlock23.0%12.2%
Reviews for Saranac Lake    3 Reviews

Over 4 years ago

Saranac Lake is small but great. Great people, decent shopping, with good housing, it's great place to live, if you love the outdoors. It's cold....really cold in the  More

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Over 16 years ago

Saranac Lake is not only chilly but a great place to live. Dr. E.L. Trudeau knew what he was doing when he took a breath of this cold, crisp air way  More

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Small time living in a pristine environment of the Adirondack Park. Year-round theatre, good school system, postsecondary education, world-class research institution  More

   |    Reply

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