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Featured local agent — Lake George, NY
Sarah Mitchell
Compass Real Estate · Lake George, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake George, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$200,000median sale price
How is the Lake George, NY housing market right now?
The median home sale price in Lake George, NY is $200,000, down 76.8% year-over-year. Homes sell in an average of 657 days with 4 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of January 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake George a buyer's or seller's market?
Lake George, NY is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 657 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
657
Average pace
Active listings
4
4.0 months supply
Sale-to-list
100.0%
Above asking
What does the Lake George housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $200,000 |
| Median list price | $145,000 |
| Year-over-year price change | -76.8% |
| Average days on market | 657 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Lake George by property type?
How the Lake George, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $200,000 | — | 1 | 657 days |
| Condo / Co-op | $136,750 | $114/sq ft | 2 | 66 days |
Source: Redfin · Updated monthly
The Lake George housing market is currently classified as a leaning buyer's with a median sale price of $200,000. Prices have fallen 76.8% compared to last year, with homes spending an average of 657 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.8x provides context for how home values compare to local earning capacity.
Homes for sale in Lake George
There are currently 4 homes listed for sale in Lake George, New York. The median listing price is $145K.
Active listings
4
Homes on market
Median list price
$145K
Avg. days on market
657
Days until sale
New this week
1
Newly listed
Who lives in Lake George?
Population
928
Median income
$52,411/yr
Median age
52.1 years
Owner-occupied
45.1%
College grads
24.8%
Avg commute
19.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Lake George?
Zillow home value
$567,752
Price-to-income
10.8x
Source: Zillow Research
What is it like to live in Lake George?
Lake George is a community of approximately 1K residents with a median age of 52.1 years.The median household income is $52,411, which represents a working-class community with solid middle-income opportunities. 24.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 45.1%, showing a blend of owner and renter-occupied properties. The average commute time is 19.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake George offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lake George?
2 schools tracked · 610 students
The largest public schools serving Lake George, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
LAKE GEORGE JUNIOR-SENIOR HIGH SCHOOL
Grades 7-12 · 315 students
LAKE GEORGE ELEMENTARY SCHOOL
Grades K-6 · 295 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lake George, NY?
Want a head-to-head view? Compare Lake George side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake George?
The median home sale price in Lake George is $200,000, down 76.8% from last year.
How long do homes stay on market in Lake George?
Homes typically spend 657 days on market before going under contract.
What is the median income in Lake George?
The median household income is $52,411 per year.
Is Lake George a buyer's or seller's market?
With 4.0 months of supply, Lake George is currently a leaning buyer's.
What is the Zillow home value estimate for Lake George?
The Zillow Home Value Index (ZHVI) for Lake George is $567,752, representing the typical home value in the area.
What is the median condo price in Lake George?
The median condo/co-op sale price in Lake George, NY is $136,750, compared to $200,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake George?
The median single-family home price in Lake George, NY is $200,000.
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