The story of this market
The typical home in ZIP 13640 sells for about $330,500, or $165 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 13640 — Wellesley Island
The housing market in 13640 is characterized by low inventory and very limited sales volume, typical of a small, rural population. Prices have seen modest appreciation, driven by low supply rather than high demand. The market remains stable with little evidence of significant development or economic shifts.
This area is best suited for those seeking a quiet, rural lifestyle, including retirees or individuals who prioritize privacy and natural surroundings over proximity to urban employment centers.
Median prices moved up 2.5% year over year.
Homes spend a median of 120 days on market with 7.5 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 21.7% · poverty 6.1% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 13640, Jefferson County, NY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is subject to standard northern New York climate risks, including heavy winter snowfall and potential seasonal flooding near water bodies.
Economic activity is primarily driven by local services and seasonal tourism, with limited large-scale industrial or corporate development.
Property taxes are levied by local jurisdictions and school districts based on assessed values; New York state maintains high property tax burdens relative to national averages.
Commuting typically requires personal vehicle use due to the rural nature of the area and lack of public transit infrastructure.
The area offers access to rural outdoor activities, including proximity to water bodies and natural landscapes typical of northern New York.
The rental market is limited in depth due to the small population and low housing unit density, with minimal turnover.
The local economy is small and largely supported by regional services and seasonal activity.
Transportation is entirely dependent on private vehicle travel via local road networks.
No major large-scale developments are currently reported for this rural ZIP code.
Parcels are subject to local school district and municipal tax levies.
Property insurance premiums are influenced by regional weather risks, including winter storm exposure.
New York is a judicial foreclosure state, requiring court intervention for the foreclosure process.
New York requires sellers to provide a property condition disclosure statement or pay a credit to the buyer.
Data retrieved from US Census Bureau ZCTA-level tables.
- Treetop Trekking 1000 Islands4.415.4 mi
- Alex Bay 500 Go-Karts4.61.9 mi
- Boldt Castle & Boldt Yacht House4.84 mi
- Uncle Sam Boat Tours4.64 mi
- Thousand Islands Playhouse4.88.2 mi
- Thousand Islands Winery4.51.5 mi
- Riveredge Resort44.2 mi
- Boldt Castle & Boldt Yacht House4.84 mi
- Shorelines Casino Thousand Islands3.87.9 mi
- 1000 Islands Tower4.52.8 mi
- Uncle Sam Boat Tours4.64 mi
- Thousand Islands Bridge4.63.5 mi
- Boldt Castle & Boldt Yacht House4.84 mi
- Gananoque 1000 Islands Visitor Centre4.68.7 mi
- Antique Boat Museum4.87.1 mi
- 1000 Islands History Museum4.68.5 mi
- Rideau Canal, Lock 45 - Lower Brewers4.617.3 mi
- Thousand Islands National Park4.73.6 mi
- Thousand Islands National Park4.611.6 mi
- Wellesley Island State Park4.71.6 mi
- Ivy Lea Campground3.83.9 mi
- Kring Point State Park4.87.9 mi
- Swan Bay Resort & Marina4.71.6 mi
- The Ivy Lea Club4.43.5 mi
- Hucks Marine & Resort4.55.6 mi
- Pecks Marina4.13.6 mi
- Gananoque Municipal Marina4.48.6 mi
- Smuggler’s Glen Golf Course4.63.8 mi
- Thousand Island Country Club4.33.7 mi
- Greene Acre Golf Club4.39.5 mi
- L a Golf Club4.34.9 mi
- Price Chopper4.21.5 mi
- Canadian Tire4.18 mi
- AutoShack Auto Parts4.61.9 mi
- Watertown International Airport422.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides recreational access to regional water bodies.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.