Is Tupper Lake, NY 12986 a buyer’s or seller’s market?

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

Tupper Lake is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score21/ 100

More competitive than 15% of U.S. ZIP codes, and #611 of 649 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.7Under 4 months = seller’s market
Sold above original list9.1%Share of sales, last 3 months
Median sale-to-list94.4%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$164▲ +0.1% vs. last year

The Tupper Lake housing market right now

In the three months ending August 31, 2026, 9% of homes in Tupper Lake, NY 12986 sold above their list price, the typical home went under contract in 45 days and there were 4.7 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. That’s based on 23 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 36%, homes sold more slowly (22 days then) and the median sale price rose 16% to $305,368. Overall, Tupper Lake is less competitive than a year ago, which gives buyers more room.

Within Franklin County, homes here sell faster than in 53% of the county’s ZIP codes, and sell less often over asking than in 53%. On our competition score, Tupper Lake ranks #611 of 649 NY ZIP codes with enough sales (score 21 out of 100).

Nearby, buyers who want less competition could look at Saint Regis Falls 12980 (0% sold over asking) or Rainbow Lake 12976 (0% sold over asking), while Bombay 12914 (100% sold over asking) and Paul Smiths 12970 (75% sold over asking) are even more competitive.

Nearby markets

Bloomingdale 12913Seller’s market $202 /sq ftBombay 12914Buyer’s market $57 /sq ftBrushton 12916Buyer’s market $103 /sq ftBurke 12917Buyer’s market $588 /sq ft Browse all markets →

Where Tupper Lake is

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Questions about Tupper Lake real estate

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

A balanced market: there were 4.7 months of supply in Tupper Lake, NY 12986 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 Tupper Lake?

The typical home went under contract in 45 days in the latest three months.

Do homes in Tupper Lake sell over asking?

9% of homes sold above their original list price, and the typical sale closed at 94.4% of the list price.

What are property taxes in Tupper Lake?

About 1.68% of a home’s value a year in Franklin County, or roughly $6,720 on a $400,000 home.

What is the median home price in Tupper Lake?

The median sale price was $305,368 in the three months ending August 31, 2026, about $164 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