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MINERVA, NY 12851

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The MINERVA, NY real estate market (12851) currently shows 4 active listings. Homes are averaging 38 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 38 days on market compared to 30 days last year.

The median listing price has fallen 44.7% year-over-year, from $415,700 to $229,900.

Whether you are buying or selling in MINERVA, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 319  ·  Density: 1.4/mi²  ·  Median household income: $90,208

Typical home value: $121,838  ·  Homeownership: 93.9%

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
0
0% pending ratio
Median Price
$229,900
⇩ 44.7% vs $415,700 last year
Average Price
$222,425
⇩ 36% vs $347,568 last year
Days on Market
38
⇧ 26.7% vs 30 days last year

Price Per Square Foot

Median $/sqft
$192
⇩ 30.4% vs $276/sqft last year
Median Home Size
1,113 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 5 last year
  • Days on market: 38 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $229,900 (-44.7% YoY)
  • Average: $222,425 (-36% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.9 miles — 179 listings ($167,473,988 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12851Minerva, NY 128510.0 mi1$239,900$239,900$239,900
12852Newcomb, NY 1285210.4 mi7$2,637,831$291,000$376,833
12842Indian Lake, NY 1284212.7 mi13$4,884,282$319,000$375,714
12870Schroon Lake, NY 1287015.0 mi16$11,252,288$499,550$703,268
12886Wevertown, NY 1288616.3 mi1$212,000$212,000$212,000
12808Adirondack, NY 1280817.0 mi5$3,445,000$689,000$689,000
12817Chestertown, NY 1281719.0 mi8$3,925,600$427,250$490,700
12815Brant Lake, NY 1281521.1 mi7$2,306,899$335,000$329,557
12164Speculator, NY 1216423.9 mi2$598,000$299,000$299,000
12885Warrensburg, NY 1288525.1 mi11$3,192,244$275,000$290,204
12946Lake Placid, NY 1294626.5 mi93$99,713,019$79,500$1,072,183
12814Bolton Landing, NY 1281427.5 mi8$30,577,496$1,242,500$3,822,187
12847Long Lake, NY 1284727.9 mi7$4,489,429$579,225$641,347

Frequently Asked Questions

How many homes are for sale in MINERVA, NY 12851?

As of July 2026, there are 4 active listings in MINERVA, NY (zip code 12851), compared to 5 the prior year.

What is the median home price in MINERVA, NY 12851?

The median listing price in MINERVA, NY 12851 is $229,900 as of July 2026, a 44.7% decrease from $415,700 the prior year.

How long do homes stay on the market in MINERVA, NY?

Homes in MINERVA, NY 12851 spend an average of 38 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in MINERVA, NY 12851?

Based on current inventory and days-on-market data as of July 2026, MINERVA, NY 12851 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 38 days on market compared to 30 days last year.

How much can I save on real estate commission in MINERVA, NY?

With SELL123.com's maximum 3% commission, sellers in MINERVA, NY 12851 save an estimated $4,598 compared to a typical 5% commission on the median listing price of $229,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.