Is Caroga Lake, NY 12032 a buyer’s or seller’s market?
Caroga Lake is a seller’s market. With about 1.5 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Caroga Lake housing market right now
In the three months ending August 31, 2026, 18% of homes in Caroga Lake, NY 12032 sold above their list price, the typical home went under contract in 16 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (26 days then) and the median sale price rose 79% to $324,859. Overall, Caroga Lake is more competitive than a year ago, so tougher for buyers.
Within Hamilton County, homes here sell faster than in 63% of the county’s ZIP codes, and sell more often over asking than in 63%.
Nearby, buyers who want less competition could look at Indian Lake 12842 (0% sold over asking) or Blue Mountain Lake 12812 (0% sold over asking), while Inlet 13360 (50% sold over asking) and Northville 12134 (33% sold over asking) are even more competitive.
Run the numbers for 12032
Nearby markets
Blue Mountain Lake 12812Seller’s market $417 /sq ftHoffmeister 13353 — /sq ftIndian Lake 12842Seller’s market $252 /sq ftInlet 13360Seller’s market $386 /sq ft Browse all markets →Where Caroga Lake is
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Questions about Caroga Lake real estate
Is Caroga Lake a buyer’s or seller’s market?
A seller’s market: there were 1.5 months of supply in Caroga Lake, NY 12032 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Caroga Lake?
The typical home went under contract in 16 days in the latest three months.
Do homes in Caroga Lake sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.
What are property taxes in Caroga Lake?
About 1.00% of a home’s value a year in Hamilton County, or roughly $4,000 on a $400,000 home.
What is the median home price in Caroga Lake?
The median sale price was $324,859 in the three months ending August 31, 2026, about $281 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology