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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 $300,210.
In Lake Placid, FL, how many homes are available?
There are currently 74 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 $11,259,085.
What is currently the cheapest priced home in Lake Placid, FL?
The cheapest home for sale in Lake Placid is priced at $10,607.

Living in Lake Placid, FL

Lake Placid, Florida, is a charming small town renowned for its beautiful lakes and vibrant community. Known as the 'caladium capital of the world', it offers a unique blend of natural beauty and small-town living. Residents enjoy a laid-back lifestyle with access to a variety of outdoor activities including fishing, boating, and hiking.

Current Market Conditions in Lake Placid, FL

The real estate market in Lake Placid has shown signs of growth over the past year, with an increase in property values driven by the area's appeal to retirees and nature lovers. Homes in Lake Placid tend to sell quickly, indicating a competitive market, particularly for single-family homes and waterfront properties. The combination of affordable prices and a desirable lifestyle continues to attract buyers.

Currently, the market is seeing heightened demand, resulting in fewer days on the market for listings and an increase in bidding wars, particularly on well-maintained properties. Buyers are drawn by the area's natural beauty and recreational opportunities, contributing to a positive outlook for future market stability.

Home Value Estimator For Lake Placid, FL

There are currently 11,229 real estate properties in Lake Placid, FL, with a median automated valuation model (AVM) price of $249,481.00. 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 $300,210.00, with the most expensive house in Lake Placid, FL, topping out at $11,259,085.00 and the cheapest home in Lake Placid, FL, clocking in at $10,607.00. 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: 74

Market Values:

Home Prices from $10,607 to $11,259,085

Average Sales Price: $300,210

Rental Values:

Rental from $650 to $3,620

Average Rent Value: $1,261 / month

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