The Lake Home Resource

FINGER LAKES REGION

Seneca Lake Market Report

Recent sales, historical trends, and local market perspective for Seneca Lake waterfront homes.

Market Reports / Seneca Lake

Updated October 4, 2026 · Recent sales through September 30, 2026 · History: 2016–2025 · Bob Markel, Licensed Real Estate Broker

Closed sales

50

October 2025–September 2026

Median sale price

$810,500

$675,000 in the preceding twelve months

Total sales volume

$42.5 million

$41.8 million in the preceding period

Two years of Seneca Lake home sales

Closed Seneca Lake waterfront single-family sales, two twelve-month periods
MeasureOct. 2024–Sept. 2025Oct. 2025–Sept. 2026
Closed sales5350
Median sale price$675,000$810,500
Total sale volume$41,804,289$42,473,729
Median sale / final list price98%98%
Median sale price by twelve-month period

October 2024–September 2025

$675,000

October 2025–September 2026

$810,500

Seneca Lake historical market trends: 2016–2025

A decade of closed waterfront sales, sale prices, time on market, and price-range comparisons.

Closed sales

Median sale price

Hover or tap a year for its exact value. Calendar-year figures differ from the rolling twelve-month periods in the current report.

Annual results at a glance

514 selected MLS-reported sales, 2016–2025.
YearClosed salesMedian sale price
201655$320,000
201758$304,096
201855$340,000
201970$371,500
202043$419,000
202159$621,000
202249$600,000
202328$552,950
202441$675,000
202556$682,500

Where homes sold by price range

Ranges do not overlap: a $500,000 sale belongs in $500,000–under $750,000; a $750,000 sale belongs in $750,000–under $1 million. Bars show each range’s share of sales.

Compare price ranges across every year
Number of closed sales by calendar year and sale-price range.
YearUnder $500k$500k–<$750k$750k–<$1m$1m–<$1.5m$1.5m–<$2m$2m+Total
2016478000055
2017535000058
2018487000055
20195313400070
2020316420043
202121181540159
202217141332049
2023118601228
202410141042141
202515171652156
All years306110681875514

Seneca Lake market perspective

Seneca recorded 50 selected sales in the latest twelve months, compared with 53 in the preceding period. Its median increased from $675,000 to $810,500, about 20%, while total volume moved only slightly, from $41.8 million to $42.5 million. A higher median alongside nearly unchanged volume points to the mix of properties sold rather than a simple market-wide surge.

The largest change was in the $1 million–under $1.5 million range: 13 sales, compared with just 1 in the preceding period. Sales from $500,000 to under $750,000 fell from 23 to 15, and sales at $2 million or above fell from 2 to 0. In the historical series, the selected median rose from $371,500 in 2019 to $682,500 in 2025. The latest rolling-year median covers different dates and should not be confused with the 2025 calendar-year figure.

Usable access deserves a close look

My interpretation is that Seneca’s recent median was lifted by a larger middle-to-upper price segment, even as the total number of sales slipped slightly. These results do not demonstrate a shortage of listings or measure demand directly. They do show why a cottage, a renovated year-round home and a larger waterfront property should not be priced from the same median alone.

For Seneca sellers, recent sales within the same price range and with similar water access offer a more useful benchmark than the lake-wide figure. Buyers can use the price-band tables to understand where transactions occurred, then compare the practical waterfront features of each property.

About the data

Source: MLS-reported sales. These are sales reported by participating brokers and agents, not all sales personally represented by Bob Markel or Robert Markel Real Estate LLC.

Information is believed reliable but is not guaranteed. Records may contain errors, omissions or duplicate entries, and selected totals may exclude uncertain records or miss eligible sales. Figures may be revised as information is corrected. Changes in median price reflect the homes sold and do not measure appreciation for every property. This report is general market information, not an appraisal.

What does this mean for your home?

Every Seneca lake home is different. The amount of frontage tells only part of the story: level access, steps or slopes to the water, shoreline condition, dock facilities and the home’s improvements can make otherwise similar properties very different. These reports provide market context, but they cannot replace a property-specific review. Ask Bob to discuss your home, shoreline and plans.

Ask Bob about your lake home