Lake Placid Real Estate Market
The median sale price for homes in Lake Placid over the last 12 months is $140,000.
The median mortgage debt is $43,293.
The price per square foot for listings in this area is $67.
The median sale price in December for single family homes is $100,000. The sale prices increased by 4.38% from the previous month.
The price per square foot for sales in this area is $57.
The number of active listings in Lake Placid dropped by 2.2% from the previous month.
The median number of days active properties have been listed is 110.
The number of sales in December dropped by 6.1% from the previous month.
Lake Placid has a high % of unoccupied properties. It is 14.47% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in Lake Placid is 22.49% below the national average.
The percent of rental properties in Lake Placid is 10.82% above the national average which is typical for urban areas.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
