Lake Placid, NY Home Values & Market Trends
Real estate market trends reflect that there have been 38 transactions over the past year in Lake Placid. The median value for residential home transactions that occurred over the previous year is $487,922.8. The number of current listings in Lake Placid is 14, and the percentage of properties for sale in the city is 14.00%. Lake Placid, NY currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 14 properties for sale.
Lake Placid, NY Real Estate Market Overview
|Zip||Median Est. Value|
Housing Market Summary for Lake Placid, NY
|Oct 2022||September 2023||Change|
|Median Listing Price||$795K||$690.5K||-13.14%|
|Median Sold Price||$504.6K||$690.5K||36.86%|
|Homes For Sale||29||13||-55.17%|
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake Placid, NY
Browse Homes in Lake Placid, NY
Lake Placid home values range from $41,971 to $11,800,000. The median estimated value of a home in Lake Placid is $487,922.8. The median list price of a home is 587,000, and the total count of properties in the city is 5,168.
- Pre-ForeclosurePre-foreclosure homes account for 0.02% of all residential properties in Lake Placid, NY with 12946 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lake Placid, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in 12946 to the lowest home value of $0 in 12946.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake Placid, NY ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lake Placid, NY. There is 1 zips within Lake Placid, NY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Lake Placid, NY. Auction homes and other auction properties account for 0% of all properties in Lake Placid, NY. There is 1 zips within Lake Placid, NY; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.