Housing · Indian Lake

Indian Lake, NY housing market

Builders were permitted 11 new homes in 2025.

Home values, sales, trends and how Indian Lake compares with the towns next door — updated as new data is published.

New construction

11 new homes permitted in 2025

Builders were permitted 11 new homes in Indian Lake in 2025, all single-family houses, worth about $1.8 million to build. That's 8.7 per 1,000 residents, faster than across New York (1.8). Over the past 10 years, Indian Lake has permitted 96 homes in all.

New homes, 2025
11
▼ 21% vs 2024
2026 so far
9
Jan–Aug
Per 1,000 residents
8.7
New York: 1.8
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
0102030 2000: 23 homes 2000 2001: 16 homes 2002: 27 homes (24 single-family, 3 in buildings with 2+ homes) 2003: 18 homes 2004: 20 homes 2005: 24 homes 2005 2006: 13 homes 2007: 15 homes 2008: 13 homes 2009: 6 homes 2010: 19 homes 2010 2011: 3 homes 2012: 10 homes 2013: 11 homes 2014: 13 homes (11 single-family, 2 in buildings with 2+ homes) 2015: 11 homes 2015 2016: 7 homes 2017: 9 homes 2018: 5 homes 2019: 5 homes 2020: 8 homes 2020 2021: 8 homes 2022: 18 homes 2023: 11 homes 2024: 14 homes 2025: 11 homes 2025 2026 so far: 9 homes

Homes vs. people, 2010–2020

Residents+11
New homes+93

Between the 2010 and 2020 censuses, Indian Lake gained 11 residents while 93 new homes were permitted: about 0.1 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. 56% of Indian Lake's homes are seasonal or vacation homes, which adds housing without adding residents. Across New York: 2.2 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)990$2.8 million
202511110$1.8 million
202414140$6.2 million
202311110$1.5 million
202218180$8.2 million
2021880$1.7 million
2020880$1.3 million
2019550$1.1 million
2018550$1.1 million
2017990$1.8 million
2016770$1.2 million
201511110$2 million
201413112$3.6 million
201311110$1.7 million
201210100$2.5 million
2011330$436,000
201019190$2.7 million
2009660$972,000
200813130$2 million
200715150$2.7 million
200613130$2.4 million
200524240$3.6 million
200420200$2.6 million
200318180$2.6 million
200227243$2.4 million
200116160$1.1 million
200023230$1.1 million

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Nearby

Indian Lake and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Indian Lake — — $1,200 11 $62,824
Minerva — — $1,180 4 $67,303
Lake Pleasant — — $1,570 7 $64,091
Wells — — $1,200 0 $74,286
Long Lake — — $1,220 0 $71,731
Johnsburg $267K +2.5% $1,290 — $60,987
Arietta — — $1,360 1 $60,000
Affordability

4.1 years of income

The typical Indian Lake home costs about 4.1 years of the town's median household income, less than across New York (6.1 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
79.8%
New York: 54.3%
Median tax bill
$2,505
New York: $6,582
Median rent
$825
New York: $1,621
Typical home built
1972
New York: 1959

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,200

HUD's Fair Market Rent for a two-bedroom in Indian Lake is $1,200 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Indian Lake pay a median of $825, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.

1 bedroom
$920
a month, with utilities
2 bedrooms
$1,200
a month, with utilities
3 bedrooms
$1,450
a month, with utilities
Share of income
23%
2 bedrooms ÷ median income

Studio $910 · 4 bedrooms $1,590

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (12812, 12842; Hamilton County, NY), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01