Skaneateles Housing Update: Prices Ease, Inventory Tight
Skaneateles, NY – March 13, 2026 – Home prices cooled early this year while rents edged up slightly, with limited sales keeping inventory tight.
The Skaneateles housing market showed signs of cooling to start 2026, though inventory remains limited and competition persists for well-priced homes.
Top takeaways
- Median sale price in January was $823K, down 15.5% year over year.
- Median price per square foot fell to $401, a 26.1% annual decline.
- Average rent is $1,371 per month, up 0.6% from a year ago.
- Zoning and planning meetings continue this month, signaling ongoing project reviews.
Market snapshot
According to Redfin data, homes sold for a median of $823K in January 2026, with properties averaging 56 days on market. Just two homes closed during the month, underscoring how small shifts in activity can move pricing metrics in a low-volume market.
Realtor.com has recently characterized the area as a seller’s market, reflecting more buyers than available listings in late 2025. Limited turnover continues to shape early 2026 conditions.
What’s for sale
Active listings range from buildable land to high-end lake-view properties. Recent examples include:
- 13-acre residential lot listed around $1.65M.
- 5-acre parcel priced near $250K.
- 11.85-acre parcel offered around $350K.
These offerings highlight continued interest in custom builds and estate-style properties around Skaneateles Lake.
Rentals and development
The average apartment rent is $1,371 per month as of February 2026, modestly higher than last year. One-bedroom units cluster near that average, while larger rentals command significantly more.
On the municipal side, the Village Zoning Board of Appeals is scheduled to meet March 25, and the Town Planning Board has a March 17 meeting date, with early-March application deadlines. Such agendas often include residential variances and site plan reviews that can influence future supply.
Sources
What changes are you seeing locally so far this spring — more listings, price cuts, or steady demand?