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Featured local agent — Lake George, NY

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Lake George, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lake George, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lake George, NY Housing Market & Real Estate

Leaning buyer's-76.8% YoY

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?

Leaning buyer's4.0 months of supply657 avg. days on 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?

Current housing market statistics for Lake George, NY
MetricValue
Median sale price$200,000
Median list price$145,000
Year-over-year price change-76.8%
Average days on market657 days
Active inventory4 listings
Months of supply4.0 months
Sale-to-list price ratio100.0%
Homes sold (latest month)1
New listings (latest month)1
Market conditionLeaning 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.

Median price, price per square foot, homes sold and days on market by property type in Lake George, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$200,0001657 days
Condo / Co-op$136,750$114/sq ft266 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

Sale-to-list:100.0%

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

Public

LAKE GEORGE ELEMENTARY SCHOOL

Grades K-6 · 295 students

Public

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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