$35,000
1.60 Acres
Land
Scott P Varley, Listing Office: KW Platform
Is Indian Lake, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Indian Lake was a Neutral Market.
Key Takeaway
Indian Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Indian Lake, NY
How much do homes in Indian Lake, NY cost?
Median Sold Price
$297,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$23,000(-7.2%)
Key Takeaway
Homes in Indian Lake have sold for 7.2% less than they did a year ago.
Summary: The median home sold price in Indian Lake was $297,000 in November 2024, down 7.2% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $300K | N/A |
| 2 Bedrooms | $185.3K | $295.5K | +59.5% |
| 3 Bedrooms | $340.5K | $297K | -12.8% |
| 4 Bedrooms | $115K | $209.9K | +82.6% |
| 5+ Bedrooms | $673.7K | $320K | -52.5% |
Summary: Indian Lake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 59.5%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes increased by 82.6%, and 5+ bedroom homes decreased by 52.5%.
Median Sold Price Compared To Nearby Cities
| North Creek | $322K | $339.2K | +5.4% |
| Johnsburg | $339K | $335K | -1.2% |
| Indian Lake | $320K | $297K | -7.2% |
Housing Supply in Indian Lake, NY
How many homes are available in Indian Lake, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Indian Lake real estate market had 9 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Indian Lake housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Lake, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Indian Lake in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Indian Lake, NY
How long does it take to sell a home in Indian Lake, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 287 Days | 9 Days | -96.9% |
Summary: Homes in Indian Lake had an average of 9 days on market in Nov 2024, down by 96.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Indian Lake are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Indian Lake; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.