Is Wellesley Island, NY 13640 a buyer’s or seller’s market?
Wellesley Island is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Wellesley Island housing market right now
In the three months ending August 31, 2026, 33% of homes in Wellesley Island, NY 13640 sold above their list price, the typical home went under contract in 97 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (46 days then) and the median sale price rose 31% to $604,738. Overall, Wellesley Island is more competitive than a year ago, so tougher for buyers.
Within Jefferson County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell less often over asking than in 55%.
Nearby, buyers who want less competition could look at Redwood 13679 (0% sold over asking) or Depauville 13632 (0% sold over asking), while Great Bend 13643 (100% sold over asking) and Rodman 13682 (100% sold over asking) are even more competitive.
Run the numbers for 13640
Nearby markets
Adams 13605Balanced $136 /sq ftAdams Center 13606Balanced $143 /sq ftAlexandria Bay 13607Buyer’s market $473 /sq ftAntwerp 13608Buyer’s market $101 /sq ft Browse all markets →Where Wellesley Island is
Loading map…
Questions about Wellesley Island real estate
Is Wellesley Island a buyer’s or seller’s market?
A buyer’s market: there were 16 months of supply in Wellesley Island, NY 13640 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 Wellesley Island?
The typical home went under contract in 97 days in the latest three months.
Do homes in Wellesley Island sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.
What are property taxes in Wellesley Island?
About 1.54% of a home’s value a year in Jefferson County, or roughly $6,160 on a $400,000 home.
What is the median home price in Wellesley Island?
The median sale price was $604,738 in the three months ending August 31, 2026, about $295 per square foot.
Local agents
See all agents in 13640 →No sponsored agents in 13640 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 13640
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology