Zip 12845 (Lake George, NY) Housing

The housing market in 12845 Lake George, NY is currently very strong. The median value of homes in the area is $415,100, significantly higher than the US median value of $338,100. This is also reflected in the 1 year appreciation rate for homes in the area which stands at 9.95%, far higher than the national average of 8.27%. This trend indicates that home values in 12845 Lake George, NY are rapidly increasing and that now may be a good time to invest in real estate in this part of New York State.

The median home cost in Lake George (zip 12845) is $415,100. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Lake George (zip 12845) is up 13.4%.

Average Age of Homes

- The median age of Lake George (zip 12845) real estate is 42 years old

The Rental Market in Lake George (zip 12845)

- Renters make up 13.6% of the Lake George (zip 12845) population
- 2.5% of houses and apartments in Lake George (zip 12845), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake George, New York	United States
	3,702.0	139,647,020.0
	50	42
	$415,100	$338,100
	13.4%	16.6%
	43.0%	57.0%
	56.3%	101.1%
	$16.74	$10.98
	$3,576	$2,690
	43.5%	57.4%
	44.0%	11.2%
	12.5%	31.4%
Vacant Housing
	2.5%	1.9%
	0.2%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	38.5%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.3%	2.4%
	1.3%	2.8%
	1.6%	3.9%
	1.2%	4.5%
	3.6%	11.3%
	13.0%	13.0%
	25.5%	20.1%
	22.7%	13.6%
	8.3%	8.3%
	10.9%	9.7%
	2.1%	3.9%
	5.0%	2.2%
	2.4%	0.8%
	1.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.7%	13.6%
	9.7%	13.6%
	11.1%	13.6%
	10.8%	13.2%
	13.7%	14.8%
	11.1%	13.6%
	9.8%	10.0%
	4.0%	4.7%
	15.5%	12.2%

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