#312574, Listing Office: COLDWELL BANKER HIGHLANDS PROPERTIES-SEBRING
Lake Placid Housing Market Report January 2025•Highlands County, Florida
Housing Prices in Lake Placid, FL
How much do homes in Lake Placid, FL cost?
Housing Market Conditions
Is Lake Placid, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lake Placid is a Buyer's Market
Difference Since January 2024
Since last year, Lake Placid has remained a Buyer's Market.
Lake Placid is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Lake Placid have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in Lake Placid was $277,900 in January 2025, down 4.2% from last year, and the median price per square foot was $191.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $147K | N/A |
22 Bedrooms | $235K | $230K | -2.1% |
33 Bedrooms | $310K | $316K | +1.9% |
44 Bedrooms | $499K | $646.2K | +29.5% |
55+ Bedrooms | $532.5K | - | N/A |
Summary: Lake Placid housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -2.1%. The home price for 3 bedroom homes increased by +1.9%. The home price for 4 bedroom homes increased by +29.5%. The home price for 5 bedroom homes did not change.
Housing supply in Lake Placid, FL
How many homes are available in Lake Placid, FL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
251Last MonthJan 2025 | ||
2032 months agoDec 2024 | +23.6 % Change MoMDec – Jan |
Summary: The Lake Placid real estate market had 251 homes for sale in Jan 2025, a 23.6 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
21Last MonthJan 2025 | ||
62 months agoDec 2024 | +250.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 72 | 84 | +16.7% |
33 Bedrooms | 99 | 128 | +29.3% |
44 Bedrooms | 25 | 31 | +24.0% |
55+ Bedrooms | 7 | 8 | +14.3% |
Summary: Lake Placid housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes increased by +29.3%. The inventory for 4 bedroom homes increased by +24.0%. The inventory for 5 bedroom homes increased by +14.3%.
Asking Price vs. Sold Price
How much do homes in Lake Placid, FL cost?
Over Asking Price0 Home
At Asking Price4 Homes
Under Asking Price17 Homes
If you're buying a home in Lake Placid, you may be able to get a good deal. 81% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Lake Placid in January 2025, up by 250.0% month-over-month. Of the 21 sold homes, 81% were sold under asking, 19% were sold at asking, and and 0% were sold over asking.
Days on Market for Lake Placid, FL
How long does it take to sell a home in Lake Placid, FL?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days10 Homes
Over 90 Days5 Homes
Avg time on Rocket Homes in Lake Placid has remained consistent over time.
Summary: During January 2025, 21 homes were sold in Lake Placid; 29% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
61 DaysThis YearJan 2025 | ||
46 Days1 year agoJan 2024 | +32.6 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Lake Placid had an average listing age of 61 days in Jan 2025, up by 32.6% compared to the previous year.
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Newest Listings in Lake Placid, FL
What homes are available in Lake Placid, FL?
Nearby markets
Nearby markets aren't available for Lake Placid, FL
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MLS Disclaimers and Copyright
Based on information from Heartland Association of REALTORS® MLS, Stellar MLS, Miami MLS, Beaches MLS, and Florida Gulf Coast MLS for the period 02/01/2023 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 3:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 3:20:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.