Is Lake Luzerne, NY 12846 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Lake Luzerne is a buyer’s market. With about 6.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.9Under 4 months = seller’s market
Sold above original list38.4%Share of sales, last 3 months
Median sale-to-list101%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$208▼ −6.7% vs. last year

The Lake Luzerne housing market right now

In the three months ending August 31, 2026, 38% of homes in Lake Luzerne, NY 12846 sold above their list price, the typical home went under contract in 22 days and there were 6.9 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 13 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 45%, homes sold faster (28 days then) and the median sale price fell 5% to $224,903. Overall, Lake Luzerne is less competitive than a year ago, which gives buyers more room.

Within Warren County, homes here sell more slowly than in 61% of the county’s ZIP codes, and sell more often over asking than in 68%.

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.

Nearby markets

Adirondack 12808Seller’s market $330 /sq ftAthol 12810Buyer’s market $141 /sq ftBolton Landing 12814Buyer’s market $441 /sq ftBrant Lake 12815Seller’s market $299 /sq ft Browse all markets →

Where Lake Luzerne is

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Questions about Lake Luzerne real estate

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

A buyer’s market: there were 6.9 months of supply in Lake Luzerne, NY 12846 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 Luzerne?

The typical home went under contract in 22 days in the latest three months.

Do homes in Lake Luzerne sell over asking?

38% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.

What are property taxes in Lake Luzerne?

About 1.47% of a home’s value a year in Warren County, or roughly $5,880 on a $400,000 home.

What is the median home price in Lake Luzerne?

The median sale price was $224,903 in the three months ending August 31, 2026, about $208 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