Market Overview
Home Prices in Lake Katrine, NY
The median home value in Lake Katrine, NY is $362,972 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and up 4.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lake Katrine are priced11% below average. Lake Katrine is part of the Kingston, NY metro area.
Over the past five years, Lake Katrine home values have risen by approximately38.9%, reflecting strong long-term appreciation in this market.
Price History
Lake Katrine Home Price Trend
City Comparison
Lake Katrine vs. National Median
At $362,972, homes in Lake Katrine cost 11% below the national median of $410,000. This makes Lake Katrine a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lake Katrine?
20% Down Payment
$72,594
on $362,972
Monthly P&I
$1,893/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,404/mo
incl. taxes & insurance
Income Needed
$96,160
gross annual (30% rule)
10% Down Option
$36,297
+ PMI applies
Loan Amount (20% dn)
$290,378
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lake Katrine, NY?
The median home value in Lake Katrine is $362,972 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in Lake Katrine?
Over the past year, home values in Lake Katrine have increased by 2.4%. Over five years, prices have risen approximately 38.9%.
How much do I need to earn to buy a home in Lake Katrine?
To comfortably afford the median home price of $362,972 with a 20% down payment ($72,594) at today's rates (6.8%), you'd need a gross annual income of approximately $96,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Lake Katrine compare to the national average home price?
The national median home value is approximately $410,000. At $362,972, homes in Lake Katrine are 11% below the national average.
What metro area is Lake Katrine part of?
Lake Katrine is part of the Kingston, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.