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Lake Luzerne, New York Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
12
Sold (12M)
5
Median Price
$145K
Market Condition
Strong Buyer's Market

Lake Luzerne, New York Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$145K
Avg Price/Acre
$30K
Avg Days on Market
227
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
3

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres---2
2-5 acres---1
5-10 acres---1
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres--11
TOTAL0015
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres0 sold / 1 listed
1-2 acres2 sold / 3 listed
2-5 acres1 sold / 1 listed
5-10 acres1 sold / 3 listed
20-50 acres0 sold / 4 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$175K$350K
1- 2
2- 5
5- 10
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$806K
Last 12 months
Active Listings
12
Current inventory
Avg Days on Market
227
Time to sell
Price Trend (YoY)
-
Year over year

Lake Luzerne, New York Land Market Analysis

How much is land worth in Lake Luzerne, New York?

The median price for land in Lake Luzerne, New York is currently $30K per acre. For a typical parcel, the median sale price is $145K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $42K while premium lots reached $300K.

What is the median land price in Lake Luzerne, New York?

The median land price in Lake Luzerne, New York stands at $145K. This translates to roughly $30K per acre for the typical parcel size. The average price is $161K, indicating some higher-priced properties pulling up the average.

What is the total amount sold in Lake Luzerne, New York last year?

Over the past 12 months, Lake Luzerne, New York saw 5 properties sold, totaling $806K in sales volume.

Is now a good time to invest in land in Lake Luzerne, New York?

The top-performing broker in this market is Thomas J Real Estate Inc.

What is the absorption rate for land in Lake Luzerne, New York?

The 12-month rate is 3.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the average price per acre in Lake Luzerne, New York?

Land in Lake Luzerne, New York averages $32K per acre. The median price per acre is $30K, which may be more representative of typical transactions. Most parcels sold are around 3.0 acres.

How long does it take to sell land in Lake Luzerne, New York?

Land in Lake Luzerne, New York typically sells within 227 days of listing. The median time on market is 227 days. Properties are moving slowly in the current strong buyer's market.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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