Saranac Lake, NY

Saranac Lake is a picturesque town located in the Adirondack Mountains of upstate New York. The town was founded in 1876 by John D. Rockefeller, Jr., and has since grown to be one of the most popular tourist destinations in the state. As a result, Saranac Lake has experienced significant growth in its real estate market over the past few years.

The median home price in Saranac Lake was $1,050,000 as of September 2017. This is significantly higher than the statewide median home price of $477,500 and indicates that there is strong demand for housing in this area. In addition, there are currently only a limited number of homes available for sale in Saranac Lake, which suggests that buyers are likely to have difficulty finding a suitable property.

One reason for this high demand may be the fact that Saranac Lake is located within close proximity to many popular tourist attractions such as Mount Marcy National Forest and Lake Placid. Additionally, the town offers a variety of amenities such as excellent schools and recreational opportunities. As a result, many people who live in Saranac Lake are likely very happy with their current home situation and are not interested in moving away anytime soon.