Lake Placid, FL

Buyer's market+98.1% YoY

Housing market overview · Updated weekly

$208,000median sale price

Homes sold

3

Last 12 weeks

Days on market

191

Average pace

Active listings

13

4.3 months supply

Sale-to-list

92.0%

Below asking

The Lake Placid housing market is currently classified as a buyer's market with a median sale price of $208,000. Prices have risen 98.1% compared to last year, with homes spending an average of 191 days on market, indicating 4.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Lake Placid

There are currently 13 homes listed for sale in Lake Placid, Florida. The median listing price is $173K.

Active listings

13

Homes on market

Median list price

$173K

Avg. days on market

191

Days until sale

New this week

1

Newly listed

Price drops:23.1%of listings
Sale-to-list:92.0%

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Frequently asked questions

What is the average home price in Lake Placid?

The median home sale price in Lake Placid is $208,000, up 98.1% from last year.

How long do homes stay on market in Lake Placid?

Homes typically spend 191 days on market before going under contract.

Is Lake Placid a buyer's or seller's market?

With 4.3 months of supply, Lake Placid is currently a buyer's market.

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