Lake Hill, NY Foreclosures
Current Market Conditions in in Lake Hill, NY As of April 2026?
In the past month, Lake Hill's real estate market has seen a notable increase in buyer activity, with several listings receiving multiple offers shortly after they hit the market. Home values are stabilizing, with a moderate rise observed in average sale prices, showcasing the area's growing popularity as a retreat destination. Buyers are increasingly drawn to the area’s charm and natural attractions, which have prompted a steady influx of new residents looking for both permanent and seasonal homes.
How much do homes sell for in Lake Hill, NY?
The average home price is currently $784,050.
In Lake Hill, NY, how many homes are available?
There are currently 347 active home listings available in Lake Hill.
What’s the average rental cost in Lake Hill, NY?
The average rental price in Lake Hill is $1,900.
What is the most expensive home in Lake Hill?
The most expensive home sold in Lake Hill had a price of $6,437,173.
What is currently the cheapest priced home in Lake Hill, NY?
The cheapest home for sale in Lake Hill is priced at $210,091.
Living in Lake Hill, NY
Lake Hill is a picturesque hamlet in the heart of the Catskills, known for its outdoor recreational opportunities and serene environment. With beautiful natural scenery, it offers residents a peaceful lifestyle while still providing access to nearby cultural and social amenities. The community is ideal for those seeking tranquility coupled with an active lifestyle.
Buyer vs Seller Market in Lake Hill, NY
The real estate market in Lake Hill is currently experiencing a surge of interest, particularly from buyers looking for second homes and vacation properties. The appeal of the Catskills, coupled with remote work trends, has led to a competitive market, with many properties selling quickly and at or above asking prices.
As more individuals seek refuge from urban areas, Lake Hill has become a popular choice for those valuing space and nature. Average home prices have increased slightly, reflecting the rising demand, while inventory remains limited. This trend is expected to continue, making it a favorable time for sellers in the area.
Home Value Estimator For Lake Hill, NY
There are currently 89 real estate properties
in Lake Hill, NY,
with a median automated valuation model (AVM) price
of $594,382.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lake Hill, NY, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lake Hill, NY,
is $784,050.00, with the most expensive house
in Lake Hill, NY, topping out
at $6,437,173.00 and the cheapest home
in Lake Hill, NY,
clocking in at $210,091.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lake Hill, NY!
Rent Prices
In Lake Hill, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lake Hill, NY, is on
a rollercoaster ride. The
average rent price in Lake Hill, NY,
is $1,900.00. Indeed, when looking to rent in
Lake Hill, NY, you can expect to pay as little
as $1,330.00 or as much
as $2,760.00,
with the average rent median estimated to
be $1,880.00. The good news is that finding
an affordable and desirable property to rent in Lake Hill, NY
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.