Saratoga, CA is known for having some of the most expensive and luxurious housing in the country. The median value for a home in Saratoga is $3,377,700, which is significantly higher than the US median house value of $338,100. Despite being more expensive than the national average, Saratoga does not have an appreciation rate that significantly exceeds the national average. The US house appreciation rate is 8.27%, while the one-year appreciation rate in Saratoga is 7.64%. This means that even though it has high prices, houses in Saratoga are still appreciating at a consistent rate to keep up with inflation.
The median home cost in Saratoga is $3,377,700. Home appreciation the last 10 years has been 105.8%. Home Appreciation in Saratoga is up 11.9%.
Average Age of Homes
- The median age of Saratoga real estate is 50 years old
The Rental Market in Saratoga
- Renters make up 12.9% of the Saratoga population
- 0.8% of houses and apartments in Saratoga, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.