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Overview

Get to know Lake Placid. Whether you're looking to purchase a home, putting yours up for sale or exploring rental options, get up-to-date information about the Lake Placid real estate market, all in one place. Analyze how the market is performing against historical data. Guaranteed Rate helps you explore Lake Placid without having to leave home.

The median home price in Lake Placid for the week end on December 2nd 2022 was $69,500 compared to $704, the median rent. Unemployment sits at 11.8% as of December 2nd 2022. The population of Lake Placid is 2,433. The median age of the locals is 32.4.

Market trends

Single Family Homes
Condo/Townhomes

In the past week, single family homes in Lake Placid sold on average for $317,450 and spent 161 days on the market. In Lake Placid, the inventory of 94 experienced a 7% relisting. The average price per square foot was $212.

In the past week, condo/townhomes in Lake Placid sold on average for $280,000 and spent 71 days on the market. In Lake Placid, the inventory of 13 experienced a relisting. The average price per square foot was $183.

Population trends

As previously noted, the population of Lake Placid is 2,433 and the median age is 32.4. Among Lake Placid residents, there is a homeowner vacancy rate of 1.6% and a rental vacancy rate of 26.3% from a total of 994 units.

School information

Lake Placid has 0 schools. Each school is rated by key indicators like test scores, academic progress, college readiness, student-teacher ratio and more. These scores will help you compare the best schools in Lake Placid.

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All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Guaranteed Rate, Inc. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Guaranteed Rate, Inc. Guaranteed Rate, Inc. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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