Is Lake Katrine, NY 12449 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Lake Katrine is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.1Under 4 months = seller’s market
Sold above original list40%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$249▲ +26.2% vs. last year

The Lake Katrine housing market right now

In the three months ending August 31, 2026, 40% of homes in Lake Katrine, NY 12449 sold above their list price, the typical home went under contract in 35 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 71%, homes sold more slowly (28 days then) and the median sale price fell 6% to $399,827. Overall, Lake Katrine is less competitive than a year ago, which gives buyers more room.

Within Ulster County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 64%.

Nearby, buyers who want less competition could look at Claryville 12725 (0% sold over asking) or Clintondale 12515 (0% sold over asking), while Boiceville 12412 (100% sold over asking) and Shokan 12481 (100% sold over asking) are even more competitive.

Nearby markets

Accord 12404Balanced $282 /sq ftArkville 12406 — /sq ftBearsville 12409Seller’s market $507 /sq ftBig Indian 12410Buyer’s market $225 /sq ft Browse all markets →

Where Lake Katrine is

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Questions about Lake Katrine real estate

Is Lake Katrine a buyer’s or seller’s market?

A balanced market: there were 5.1 months of supply in Lake Katrine, NY 12449 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 Lake Katrine?

The typical home went under contract in 35 days in the latest three months.

Do homes in Lake Katrine sell over asking?

40% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Lake Katrine?

About 1.77% of a home’s value a year in Ulster County, or roughly $7,080 on a $400,000 home.

What is the median home price in Lake Katrine?

The median sale price was $399,827 in the three months ending August 31, 2026, about $249 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