Long Lake, NY—12847
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Long Lake, NY
Long Lake, NY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $310,000 | 0.6% |
| Single Family | $310,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $332,000 | 1.2% |
3 Bed | $413,000 | -0.7% |
4 Bed | $485,000 | -0.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Long Lake, NY
Long Lake, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Long Lake, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Long Lake, NY is 90. This is a increase of 10.0% 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 | $497,000 | -6.0% |
Listing Count | 15 | 6.0% |
| Listings as % of Homes | 0.8% | 6.0% |
Days on Market | 90 | 10.0% |
Demographics — Long Lake, NY
As of the latest ACS Survey released in 2023, Long Lake, NY has a population of 667, which has increased by 61.5% over the past 5 years. Long Lake, NY is a less popular place for families, as children make up 11.8% of the population. The area has a moderately educated workforce, with 36.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 667 | 61.5% |
% Under 18 | 11.8% | -32.2% |
% Seniors | 36.0% | 28.1% |
% WFH | 8.7% | 52.6% |
% w/ College Degree | 36.8% | 7.3% |
As of the latest ACS Survey released in 2023, Long Lake, NY is a predominantly white area, with 91.6% of the population identifying as white. The white population has grown by 6.3% in the last 5 years. The second most common race or ethnicity in Long Lake, NY is hispanic, making up 2.7% of the population. Foreign-born residents account for 3.7% of the population in Long Lake, NY, and this percentage has increased by 2.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.6% | 6.3% |
% Black | 1.6% | -65.2% |
% Hispanic | 2.7% | -51.8% |
% Asian | 1.6% | ∞% |
% Foreign Born | 3.7% | 2.8% |
Mortgage and Risk — Long Lake, NY
According to HUD data as of 2023, there were 26 mortgage originations in Long Lake, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Long Lake, NY. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 26 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 4.0% |
% Second Loans | 65.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Long Lake, NY
Long Lake, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $1,030 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Long Lake, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $310,000 |
| Median Household Income | $72,700 |