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Featured local agent — Lake Luzerne, NY
Sarah Mitchell
Compass Real Estate · Lake Luzerne, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Luzerne, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$403,000median sale price
How is the Lake Luzerne, NY housing market right now?
The median home sale price in Lake Luzerne, NY is $403,000, down 6.3% year-over-year. Homes sell in an average of 5 days with 5 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake Luzerne a buyer's or seller's market?
Lake Luzerne, NY is currently a seller's market, based on 5.0 months of supply and homes selling in about 5 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
5
Fast-moving
Active listings
5
5.0 months supply
Sale-to-list
107.5%
Above asking
What does the Lake Luzerne housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $403,000 |
| Median list price | $300,000 |
| Year-over-year price change | -6.3% |
| Average days on market | 5 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 107.5% |
| Median price per sq ft | $306/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 5 |
| Listings with a price cut | 40.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Luzerne by property type?
How the Lake Luzerne, 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 | $403,000 | $306/sq ft | 1 | 5 days |
Source: Redfin · Updated monthly
The Lake Luzerne housing market is currently classified as a seller's market with a median sale price of $403,000. Prices have fallen 6.3% compared to last year, with homes spending an average of 5 days on market, indicating 5.0 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 6.1x provides context for how home values compare to local earning capacity.
Homes for sale in Lake Luzerne
There are currently 5 homes listed for sale in Lake Luzerne, New York. The median listing price is $300K.
Active listings
5
Homes on market
Median list price
$300K
Avg. days on market
5
Days until sale
New this week
5
Newly listed
Who lives in Lake Luzerne?
Population
1,171
Median income
$53,594/yr
Median age
55.4 years
Owner-occupied
85.7%
College grads
35.7%
Avg commute
18.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Lake Luzerne?
Zillow home value
$325,240
Price-to-income
6.1x
Source: Zillow Research
What is it like to live in Lake Luzerne?
Lake Luzerne is a community of approximately 1K residents with a median age of 55.4 years.The median household income is $53,594, which represents a working-class community with solid middle-income opportunities. 35.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 85.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Luzerne offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lake Luzerne?
2 schools tracked · 633 students
The largest public schools serving Lake Luzerne, 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.
STUART M TOWNSEND ELEMENTARY SCHOOL
Grades PK-6 · 339 students
HADLEY-LUZERNE JUNIOR-SENIOR HIGH SCHOOL
Grades 7-12 · 294 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 Luzerne, NY?
Want a head-to-head view? Compare Lake Luzerne 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 Luzerne?
The median home sale price in Lake Luzerne is $403,000, down 6.3% from last year.
How long do homes stay on market in Lake Luzerne?
Homes typically spend 5 days on market before going under contract.
What is the median income in Lake Luzerne?
The median household income is $53,594 per year.
Is Lake Luzerne a buyer's or seller's market?
With 5.0 months of supply, Lake Luzerne is currently a seller's market.
What is the Zillow home value estimate for Lake Luzerne?
The Zillow Home Value Index (ZHVI) for Lake Luzerne is $325,240, representing the typical home value in the area.
How much does a single-family home cost in Lake Luzerne?
The median single-family home price in Lake Luzerne, NY is $403,000 (about $306 per square foot).
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