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Foreclosure Homes in Lake Placid, FL

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Lake Placid, FL Foreclosures

How much do homes sell for in Lake Placid, FL?
The average home price is currently $209,853.
In Lake Placid, FL, how many homes are available?
There are currently 84 active home listings available in Lake Placid.
What’s the average rental cost in Lake Placid, FL?
The average rental price in Lake Placid is $1,261.
What is the most expensive home in Lake Placid?
The most expensive home sold in Lake Placid had a price of $22,115,247.
What is currently the cheapest priced home in Lake Placid, FL?
The cheapest home for sale in Lake Placid is priced at $10,001.

Living in Lake Placid, FL

Lake Placid, FL, is a charming small town nestled among beautiful lakes in Highlands County. With its rich history, friendly community, and a slew of outdoor activities, Lake Placid invites residents to enjoy a leisurely lifestyle. The area's natural beauty, coupled with local amenities, makes it an attractive location for families and retirees alike.

Current Market Conditions in Lake Placid, FL

The real estate market in Lake Placid has shown signs of steady growth over recent months, with an increase in both home sales and prices. With many buyers looking for affordable housing away from larger cities, Lake Placid's competitive market offers an appealing option for those interested in purchasing homes in a more tranquil setting.

Recently, homes in Lake Placid have experienced a surge in demand due to the town's appeal as a getaway destination, in addition to its affordability compared to nearby urban centers. This trend is attributed to the increased popularity of remote work, allowing many buyers flexibility in choosing their living environments.

Home Value Estimator For Lake Placid, FL

There are currently 20,373 real estate properties in Lake Placid, FL, with a median automated valuation model (AVM) price of $152,834.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Placid, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake Placid, FL, is $209,853.00, with the most expensive house in Lake Placid, FL, topping out at $22,115,247.00 and the cheapest home in Lake Placid, FL, clocking in at $10,001.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Placid, FL!

Rent Prices In Lake Placid, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Placid, FL, is on a rollercoaster ride. The average rent price in Lake Placid, FL, is $1,261.00. Indeed, when looking to rent in Lake Placid, FL, you can expect to pay as little as $650.00 or as much as $3,620.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Lake Placid, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lake Placid, FL Foreclosures


Market Trend for Lake Placid, FL

Total Listings Available: 84

Market Values:

Home Prices from $10,001 to $22,115,247

Average Sales Price: $209,853

Rental Values:

Rental from $650 to $3,620

Average Rent Value: $1,261 / month

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