Is Three Mile Bay, NY 13693 a buyer’s or seller’s market?

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

Three Mile Bay 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 list16.7%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$297▲ +15.9% vs. last year

The Three Mile Bay housing market right now

In the three months ending August 31, 2026, 17% of homes in Three Mile Bay, NY 13693 sold above their list price, the typical home went under contract in 46 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. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (22 days then) and the median sale price rose 76% to $476,044. Overall, Three Mile Bay is less competitive than a year ago, which gives buyers more room.

Within Jefferson County, homes here sell faster than in 79% of the county’s ZIP codes, and sell less often over asking than in 79%.

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.

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 Three Mile Bay is

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Questions about Three Mile Bay real estate

Is Three Mile Bay a buyer’s or seller’s market?

A buyer’s market: there were 6.9 months of supply in Three Mile Bay, NY 13693 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 Three Mile Bay?

The typical home went under contract in 46 days in the latest three months.

Do homes in Three Mile Bay sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.

What are property taxes in Three Mile Bay?

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 Three Mile Bay?

The median sale price was $476,044 in the three months ending August 31, 2026, about $297 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