Is Long Lake, NY 12847 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Long Lake housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Hamilton County, NY

Population	740
Median income	$70,962
Average income	$97,752
Median home value	$276,000
Median rent	$817/month
Owner-occupied	85% of homes
Median year built	1968

Natural hazard riskWinter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 12847; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 12847

Prefilled for 12847Can I win this house?Multiple-offer likelihood for a listing Prefilled for 12847Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blue Mountain Lake 12812Seller’s market $417 /sq ft Caroga Lake 12032Seller’s market $281 /sq ft Hoffmeister 13353 — /sq ft Indian Lake 12842Seller’s market $252 /sq ft Browse all markets →

Where Long Lake is

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Questions about Long Lake real estate

What are property taxes in Long Lake?

About 1.00% of a home’s value a year in Hamilton County, or roughly $4,000 on a $400,000 home.

Local agents

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More tools for 12847

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Hamilton County property taxes Hamilton County loan limits Closing costs in New York Hottest ZIP codes in New York

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology