Schroon Lake, NY 12870 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Schroon Lake, NY—12870

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$347,000

1.3% YoY Growth

Household Income

$65,300

29.3% YoY Growth

Days on Market

80

9.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Schroon Lake, NY

Schroon Lake, NY lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$347,000	1.3%
Single Family	$347,000	1.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Schroon Lake, NY

Schroon 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

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% of Rental Stock

1 Bedroom

38.8%

2 Bedrooms

28.1%

3 Bedrooms

27.3%

4 Bedrooms

5.8%

Property Listings — Schroon Lake, NY

As of Dec '25, Realtor.com reports that the median days on market for a home in Schroon Lake, NY is 82. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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	$498,000	-3.0%
Listing Count	21	0.0%
Listings as % of Homes	0.5%	0.0%
Days on Market	80	-9.0%

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Demographics — Schroon Lake, NY

As of the latest ACS Survey released in 2023, Schroon Lake, NY has a population of 1,770, which has increased by 12.3% over the past 5 years. Schroon Lake, NY is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 38.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,770	12.3%
% Under 18	18.5%	-32.7%
% Seniors	28.2%	14.6%
% WFH	25.9%	184.6%
% w/ College Degree	38.7%	-1.8%

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As of the latest ACS Survey released in 2023, Schroon Lake, NY is a predominantly white area, with 97.5% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Schroon Lake, NY is hispanic, making up 0.2% of the population. Foreign-born residents account for 2.9% of the population in Schroon Lake, NY, and this percentage has increased by 70.6% 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	97.5%	-1.0%
% Black	0.0%	-100.0%
% Hispanic	0.2%	100.0%
% Asian	0.0%	N/A
% Foreign Born	2.9%	70.6%

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Mortgage and Risk — Schroon Lake, NY

According to HUD data as of 2023, there were 48 mortgage originations in Schroon Lake, NY, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Schroon Lake, NY. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	48
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	0.0%
% Second Loans	35.0%
% Cash Out Refinance	4.0%

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Rentals and Section 8 — Schroon Lake, NY

Schroon Lake, NY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	6
Total Units Section 8	6
% Rentals under Section 8	3.6%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$930
2 Bedroom	N/A	N/A	$1,190
3 Bedroom	N/A	N/A	$1,540
4 Bedroom	N/A	N/A	$1,730

Schroon Lake, NY—12870

Key Metrics at a Glance

Home Price Trends — Schroon Lake, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Schroon Lake, NY

% of Rental Stock

Property Listings — Schroon Lake, NY

Demographics — Schroon Lake, NY

Race and Ethnicity

Mortgage and Risk — Schroon Lake, NY

Mortgages

Rentals and Section 8 — Schroon Lake, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Schroon Lake, NY

Home Price to Income Ratio

Schroon Lake, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Adirondack, NY

Pottersville, NY

Brant Lake, NY

Olmstedville, NY

Chestertown, NY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.8
Median Home Price	$347,000
Median Household Income	$65,300

Schroon Lake, NY—12870

Key Metrics at a Glance

Home Price Trends — Schroon Lake, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Schroon Lake, NY

% of Rental Stock

Property Listings — Schroon Lake, NY

Demographics — Schroon Lake, NY

Race and Ethnicity

Mortgage and Risk — Schroon Lake, NY

Mortgages

Rentals and Section 8 — Schroon Lake, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Schroon Lake, NY

Home Price to Income Ratio

Schroon Lake, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Adirondack, NY

Pottersville, NY

Brant Lake, NY

Olmstedville, NY

Chestertown, NY

Frequently Asked Questions

What is the average home price in Schroon Lake, NY 12870?

How have home prices in Schroon Lake, NY 12870 changed over the past year?

What is the home price projection for Schroon Lake, NY 12870?

What are the demographics of Schroon Lake, NY 12870?

How long does it take homes to sell in Schroon Lake, NY 12870?

What is the average rent price in Schroon Lake, NY 12870?