Lake Placid, FL housing market

The median sale price in Lake Placid, FL was $354K in May 2026, down 9.8% year over year, measured across homes that actually closed that month (Redfin). The twelve months through May 2026 averaged $415K, easing from $452K across the twelve months before that. That puts prices 17.6% below the strongest twelve-month stretch on record here, which ended in Dec 2024 at $504K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $241K for Jun 2026, down 2.1% year over year.

Buyers had 11 homes to choose from in May 2026, up 22.2% year over year (Redfin). 2 homes came to market in May 2026, against 2 closings. Homes that sold in May 2026 took a median of 233 days to go under contract, 115 days slower than this market's usual May pace.

Lake Placid, FL is a small market: 23 homes sold in the twelve months through May 2026. A single closing moves the monthly median here, so the averages above run over twelve months rather than three, and months-of-supply and bidding-competition readings are left to the charts below rather than summarized as a market verdict.

This page tracks 10 monthly housing series for Lake Placid, FL — median sale price, ZHVI home value, inventory (active), median days on market, months of supply, homes sold, and more — sourced from Redfin, Zillow ZHVI, running from Aug 2016 through Jun 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.