Lake Katrine, NY—12449
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lake Katrine, NY
As of Oct '25, the median home price in Lake Katrine, NY is $347,000, with a year-over-year change of 2.3%. This indicates that home prices in Lake Katrine, NY are increasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $347,000 | 2.3% |
| Single Family | $349,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $295,000 | 3.9% |
3 Bed | $352,000 | 1.4% |
4 Bed | $426,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lake Katrine, NY
As of July '25, Rentcast reports the average rent in Lake Katrine, NY is $1,610, with a year-over-year rent change of -15.3%. Per bedroom, the median rent as of July '25 in Lake Katrine, NY is studios: $1,200, 1-bedrooms: $1,550, 2-bedrooms: $2,300. The most common rental property sizes in Lake Katrine, NY are 2-bedroom and 3-bedroom, accounting for 50.8% and 19.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,610 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $1,550 | $1,550 |
| 2 Bed Rent | $2,100 | $2,300 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lake Katrine, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Lake Katrine, NY is 73. This is a increase of 88.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $388,000 | -21.0% |
Listing Count | 7 | -22.0% |
| Listings as % of Homes | 0.4% | -22.0% |
Days on Market | 73 | 88.0% |
Demographics — Lake Katrine, NY
As of the latest ACS Survey released in 2023, Lake Katrine, NY has a population of 2,920, which has decreased by -15.1% over the past 5 years. Lake Katrine, NY is a less popular place for families, as children make up 13.4% of the population. The area has a moderately educated workforce, with 28.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,920 | -15.1% |
% Under 18 | 13.4% | -9.5% |
% Seniors | 23.7% | -17.7% |
% WFH | 9.7% | 61.7% |
% w/ College Degree | 28.3% | 36.1% |
As of the latest ACS Survey released in 2023, Lake Katrine, NY is a predominantly white area, with 76.1% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Lake Katrine, NY is hispanic, making up 12.2% of the population. Foreign-born residents account for 6.6% of the population in Lake Katrine, NY, and this percentage has decreased by 9.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.1% | 0.8% |
% Black | 5.4% | -30.8% |
% Hispanic | 12.2% | 58.4% |
% Asian | 1.3% | -40.9% |
% Foreign Born | 6.6% | -9.6% |
Mortgage and Risk — Lake Katrine, NY
According to HUD data as of 2023, there were 42 mortgage originations in Lake Katrine, NY, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Lake Katrine, NY. Investor activity is low, as 0.0% of loans were by investors. 26.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 42 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 26.0% |
Loan Activity
Rentals and Section 8 — Lake Katrine, NY
Lake Katrine, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 30 |
Total Units Section 8 | 30 |
% Rentals under Section 8 | 7.6% |
% Occupied Section 8 | 92.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $1,550 | $1,520 |
| 2 Bedroom | -$100 | $2,100 | $2,000 |
| 3 Bedroom | N/A | N/A | $2,530 |
| 4 Bedroom | N/A | N/A | $2,740 |
Affordability — Lake Katrine, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $347,000 |
| Median Household Income | $75,300 |