A typical Lake Placid home is worth about $239,000
Down 1.6% in a year, 36% below the Florida typical home.
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Lake Placid?
Read from the numbers below. The page puts what stands out first.
A typical home costs 5.1 years of income
About the same as across Florida. Try your own numbers below.
That’s $50K short of a typical Lake Placid home.
A two-bedroom rents for about $1,410 a month here, $20 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lake Placid’s typical property tax (0.68% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Up 27.3% in five years
Faster than Florida (20.3%).
Show as a table
| January | Lake Placid | Florida |
|---|---|---|
| 2017 | $118,000 | $209,000 |
| 2018 | $129,000 | $226,000 |
| 2019 | $138,000 | $242,000 |
| 2020 | $146,000 | $253,000 |
| 2021 | $162,000 | $276,000 |
| 2022 | $205,000 | $340,000 |
| 2023 | $232,000 | $392,000 |
| 2024 | $244,000 | $402,000 |
| 2025 | $246,000 | $397,000 |
| 2026 | $240,000 | $377,000 |
| August 2026 | $239,000 | $376,000 |
A typical Lake Placid home worth $114K in September 2016 is worth about $239K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $1,410
Renters already here pay a median of $1,046, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Sebring, FL MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
57% of Lake Placid households own their home
Half of Lake Placid’s homes were built before 1985.
Florida: 68% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Neighbors talk housing
What Lake Placid buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.