The story of this market
The typical home in ZIP 12850 sells for about $294,600, or $155 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 12850
The housing market in 12850 is characterized by low inventory and steady demand, typical of a rural-suburban transition zone. Prices have seen modest year-over-year growth, supported by the area's appeal to families looking for space and proximity to Saratoga Springs. Most figures are based on current market listings and recent census data.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with proximity to the amenities and employment opportunities of Saratoga Springs.
Median prices moved up 3.2% year over year.
Homes spend a median of 48 days on market with 3.5 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 4.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 12850, Saratoga County NY
The area is served by the Saratoga Springs City School District, which is generally well-regarded within the region.
The area is subject to standard regional risks including winter weather and potential localized flooding near the Kayaderosseras Creek.
Growth is primarily driven by residential development and proximity to the Saratoga Springs employment hub.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New York) — Income-Based Assessment for Affordable Rental Housing: The assessed valuation must be determined using the income approach based on actual net operating income, excluding subsidies, tax credits, or grants used for development costs. State (New York) — Real Property Tax Assessment: Real property is assessed by local jurisdictions based on a uniform percentage of value. The tax liability is calculated as (Assessed Value * Tax Rate) - Exemptions.
Commuters primarily rely on personal vehicles to reach employment centers in Saratoga Springs and the broader Capital District.
The area offers access to rural outdoor activities, including trails and proximity to the Kayaderosseras Creek, with major shopping and dining located in nearby Saratoga Springs.
The rental market is limited, consisting primarily of single-family homes and small-scale residential units with low vacancy pressure.
The local economy is closely tied to the Saratoga Springs market, featuring a mix of tourism, healthcare, and professional services.
Development is largely focused on low-density residential expansion.
Parcels are subject to Saratoga Springs City School District taxes and local town levies.
Property insurance premiums are stable but reflect regional risks associated with severe winter weather.
Data retrieved from data.census.gov ZCTA 12850 profile.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Provides local access for fishing and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.