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Featured local agent — Otter Lake, NY

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Otter Lake, NY

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

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

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Otter Lake, NY Housing Market & Real Estate

Seller's market

Housing market overview · Updated monthly ·

$190,000median sale price

How is the Otter Lake, NY housing market right now?

The median home sale price in Otter Lake, NY is $190,000. Homes sell in an average of 15 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of October 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Otter Lake a buyer's or seller's market?

Seller's market0.7 months of supply15 avg. days on market

Otter Lake, NY is currently a seller's market, based on 0.7 months of supply and homes selling in about 15 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

15

Fast-moving

Active listings

2

0.7 months supply

Sale-to-list

98.3%

Below asking

What does the Otter Lake housing market data show?

Current housing market statistics for Otter Lake, NY
MetricValue
Median sale price$190,000
Average days on market15 days
Active inventory2 listings
Months of supply0.7 months
Sale-to-list price ratio98.3%
Median price per sq ft$342/sq ft
Homes sold (latest month)3
Listings with a price cut50.0%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Otter Lake by property type?

How the Otter Lake, 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 Otter Lake, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$190,000$342/sq ft315 days

Source: Redfin · Updated monthly

The Otter Lake housing market is currently classified as a seller's market with a median sale price of $190,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 15 days on market, indicating 0.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Otter Lake

There are currently 2 homes listed for sale in Otter Lake, New York.

Active listings

2

Homes on market

Avg. days on market

15

Days until sale

Price drops:50.0%of listings
Sale-to-list:98.3%

Who lives in Otter Lake?

Population

109

Median income

$83,750/yr

Median age

62.1 years

Owner-occupied

100.0%

College grads

48.4%

Avg commute

32.4 min

Source: U.S. Census Bureau ACS

What is it like to live in Otter Lake?

Otter Lake is a community of approximately 0K residents with a median age of 62.1 years.The median household income is $83,750, which reflects a relatively affluent area with strong earning potential. 48.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Otter Lake offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Otter Lake, NY?

Want a head-to-head view? Compare Otter Lake side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Otter Lake?

The median home sale price in Otter Lake is $190,000, down 0.0% from last year.

How long do homes stay on market in Otter Lake?

Homes typically spend 15 days on market before going under contract.

What is the median income in Otter Lake?

The median household income is $83,750 per year.

Is Otter Lake a buyer's or seller's market?

With 0.7 months of supply, Otter Lake is currently a seller's market.

How much does a single-family home cost in Otter Lake?

The median single-family home price in Otter Lake, NY is $190,000 (about $342 per square foot).

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