Lake Placid Real Estate Market
The median sale price for homes in Lake Placid over the last 12 months is $275,500.
The median mortgage debt is $57,049.
The price per square foot for listings in this area is $365.
The median sale price in December for single family homes is $308,000. The sale prices dropped by -16.41% from the previous month.
The median number of days active properties have been listed is 11. This is significantly shorter than the national average.
Lake Placid has a high % of unoccupied properties. It is 12.36% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in Lake Placid is 28.6% below the national average.
The percent of rental properties in Lake Placid is 19.04% 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.