House Prices

Summit Lake Averill Park, NY House Prices & Home Values 2026


Average Data

average house price$446,972
average size per house2324 ft²
average price per ft²201 $ / ft²

06/23/2026 - The value range (VR) for house prices in Summit Lake Averill Park, NY is $190.95/ sqft to $211.05/ sqft. An average home with 2324 sqft costs approximately $462,850 to $511,571. Averill Park, NY includes 1 ZIP codes and it is located in Rensselaer county. The lowest prices are found in ZIP 12018, while the highest are in ZIP 12018. The average price per sqare feet is $201. Our analysis is based on 16 property listings.

Avergage prices by ZIP codes Summit Lake Averill Park

12018211 $ / ft²




Historical development of home values in Summit Lake Averill Park

Year Estimated value (USD) Change vs. 2025
2010 $207,582 -53.6%
2011 $199,555 -55.4%
2012 $199,017 -55.5%
2013 $206,456 -53.8%
2014 $216,722 -51.5%
2015 $227,845 -49.0%
2016 $239,736 -46.4%
2017 $252,675 -43.5%
2018 $266,644 -40.3%
2019 $279,008 -37.6%
2020 $293,432 -34.4%
2021 $333,747 -25.3%
2022 $389,074 -13.0%
2023 $410,296 -8.2%
2024 $434,033 -2.9%
2025 $446,972 0.0%

Graph: estimated home values in Summit Lake Averill Park over time (USD)



Example: 100% financing house in Summit Lake Averill Park

Loan amount: $446,972

Interest rate: 6.26%

Fixed monthly payment: $2,754.41

Breakdown in the 1st month:
Interest portion: $2,330.96  –  Principal portion: $423.45

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $27,823.20 $5,229.72 $441,742.28
2 $27,486.37 $5,566.55 $436,175.74
3 $27,127.85 $5,925.07 $430,250.67
4 $26,746.23 $6,306.68 $423,943.99
5 $26,340.04 $6,712.87 $417,231.12
6 $25,907.69 $7,145.22 $410,085.89
7 $25,447.49 $7,605.42 $402,480.47
8 $24,957.65 $8,095.26 $394,385.21
9 $24,436.26 $8,616.65 $385,768.56
10 $23,881.30 $9,171.62 $376,596.94
11 $23,290.58 $9,762.33 $366,834.61
12 $22,661.83 $10,391.09 $356,443.52
13 $21,992.57 $11,060.34 $345,383.18
14 $21,280.21 $11,772.70 $333,610.48
15 $20,521.98 $12,530.94 $321,079.54
16 $19,714.90 $13,338.01 $307,741.53
17 $18,855.85 $14,197.07 $293,544.46
18 $17,941.46 $15,111.45 $278,433.01
19 $16,968.19 $16,084.73 $262,348.28
20 $15,932.22 $17,120.69 $245,227.59
21 $14,829.54 $18,223.37 $227,004.21
22 $13,655.84 $19,397.08 $207,607.14
23 $12,406.54 $20,646.38 $186,960.76
24 $11,076.78 $21,976.14 $164,984.62
25 $9,661.37 $23,391.54 $141,593.08
26 $8,154.80 $24,898.11 $116,694.97
27 $6,551.20 $26,501.71 $90,193.25
28 $4,844.32 $28,208.60 $61,984.66
29 $3,027.50 $30,025.41 $31,959.25
30 $1,093.67 $31,959.25 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Summit Lake Averill Park, NY


1500 sqft3900 sqft
Ø selling price$380,503$809,432
Ø fast selling$345,911$728,489
Ø high price sale$415,094$890,375

In 2026, houses in Summit Lake Averill Park, NY will be offered at an average price of $201 per square foot. A 1,500 sqft home priced at $380,503 is 23.99% more expensive per square foot than a 3,900 sqft home priced at $809,432. Home prices in Summit Lake Averill Park, NY vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $560,376. Sellers who can wait longer may achieve a higher price of up to $684,904.


Summit Lake, Averill Park NY

Summit Lake is a scenic, residential lakefront neighborhood anchored by the water in the hamlet of Averill Park, NY.

Set in Rensselaer County?s rolling hills, the area blends quiet upstate charm with convenient access to everyday amenities.

The lake?s calm waters and wooded shoreline create a classic Capital Region backdrop for year-round living or a weekend retreat.

Lifestyle and Recreation

Residents enjoy four-season recreation including kayaking, paddleboarding, swimming, leaf-peeping, and winter ice activities.

Many waterfront homes feature private docks and gentle shoreline, making lake life simple and accessible.
Local trails, farm stands, and eateries in Averill Park add small-town charm to daily routines.

Community gatherings and lakeside sunsets foster a friendly, close-knit atmosphere around Summit Lake.

Location and Community

The neighborhood sits just off NY-43, putting Albany, Troy, and the broader Capital Region within an easy commute.

Families appreciate proximity to essential services, shops, and the well-regarded Averill Park Central School District.

Real Estate

For homebuyers searching Summit Lake Averill Park NY real estate, options range from cozy cottages to updated waterfront homes, delivering value, views, and the sought-after lakefront lifestyle.



FAQ – Home Values in Summit Lake Averill Park

What is the median home value in Summit Lake Averill Park in 2026?

In 2026, the typical home value in Summit Lake Averill Park is about $446,972 for an average home size of 2324 square feet. This corresponds to an average price of roughly $201 per square foot.

What is the average cost per square foot in Summit Lake Averill Park?

In 2026, homes in Summit Lake Averill Park sell for an average of around $201 per square foot, with a typical range between $190.95 and $211.05 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Summit Lake?

The average home size in Summit Lake Averill Park is about 2324 square feet, with an estimated 2026 value around $446,972.



Neighborhoods close to Summit Lake Averill Park, NY

Berlin Berlin, NY148 $ / ft²
Berne Berne, NY156 $ / ft²
Canaan Canaan, NY150 $ / ft²
Austerlitz Austerlitz, NY189 $ / ft²
West Athens Athens, NY195 $ / ft²
East End Amsterdam, NY207 $ / ft²
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