Lake Placid, FL Real Estate Market Summary – September 7, 2026

In Lake Placid, FL, the market reflects a total of 100 homes sold in the last 30 days, indicating a consistent pace of 3.33 homes per day. The average sale price stands at $165,196, with an average living area of approximately 1,677 square feet and homes typically spending around 17 days on the market before transitioning to new owners.

Metric 30 Days
Number Sold 100
Sold Per Day 3.33
Average SQFT 1677
Median Sales Price $23,950
Average Sales Price $165,196
Average Price Per SQFT $194
Average Days on Market 17
Average Year Built 1988

 

Lake Placid, FL Single Family Home Analysis

The single-family market has seen 97 homes sold recently, with an average sale price of $161,686. These properties average about 1,704 square feet in size and have a similar average days on market of 17 days.

Metric 30 Days
Number Sold 97
Sold Per Day 3.23
Average SQFT 1704
Median Sales Price $20,000
Average Sales Price $161,686
Average Price Per SQFT $199
Average Days on Market 17
Average Year Built 1988

 

Lake Placid, FL Condo & Townhome Analysis

In the condo and townhome segment, only 2 units were sold, with an average sale price of $93,000. The average living area for these homes is reported at 1,085 square feet, with properties staying on the market for about 11.5 days before being purchased.

Metric 30 Days
Number Sold 2
Sold Per Day 1 every 15.00 days
Average SQFT 1085
Median Sales Price $93,000
Average Sales Price $93,000
Average Price Per SQFT $88
Average Days on Market 12
Average Year Built 1987

 

Buyer & Seller Analysis

  • 3.33 homes sold per day on average
  • 17 days on market for most homes
  • Average sale price of $165,196
  • 2 condos/townhomes sold, taking longer to sell

Conclusion

Overall, the Lake Placid market appears stable, providing various options for potential residents. With a significant proportion of sales coming from single-family homes, this segment continues to dominate the local housing landscape.

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