Is Lake George, NY 12845 a buyer’s or seller’s market?

The Lake George housing market right now

In the three months ending August 31, 2026, 18% of homes in Lake George, NY 12845 sold above their list price, the typical home went under contract in 50 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 23 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold more slowly (11 days then) and the median sale price fell 4% to $587,246. Overall, Lake George is less competitive than a year ago, which gives buyers more room.

Within Warren County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in 58%. On our competition score, Lake George ranks #575 of 649 NY ZIP codes with enough sales (score 28 out of 100).

Nearby, buyers who want less competition could look at Wevertown 12886 (0% sold over asking) or Silver Bay 12874 (0% sold over asking), while Athol 12810 (100% sold over asking) and Warrensburg 12885 (57% sold over asking) are even more competitive.