L
ooking to dip your toes into the New York lake real estate market? The latest numbers are in, and it's an exciting time. Lake home and lot values have skyrocketed by 24% from last winter, reaching a staggering $1.25 billion. With nearly 2,000 listings available, there's no shortage of options for those seeking a waterfront lifestyle.
Lake Champlain is the clear winner when it comes to lakefront properties, with both homes and land in high demand. If you're looking for the crème de la crème of lake homes, Skaneateles Lake is the place to be, with an average price tag of $2.21 million. A whopping 148 homes are listed for over $1 million across New York.
Demographically, it's the 45-64 age group that's driving interest in lakefront properties, making up a significant 73% of searchers – and mostly men at that. It seems the allure of lakeside living is proving irresistible to those seeking a slice of paradise.
Interestingly, top cities outside New York searching for these lakefront gems include Ashburn, VA, Philadelphia, PA, and Dallas, TX. The appeal of New York's lake real estate market is clearly far-reaching.
Whether you're dreaming of a lakeside retreat or looking for a savvy investment opportunity, the New York lake real estate market is definitely worth keeping an eye on – who knows, your perfect lakeside escape could be just around the corner in the Empire State.
