Lake Placid, FL housing market
What's happening in the Lake Placid market right now.
Buyer's or seller's market?
Lake Placid, FL leans toward a buyer's market: homes in Highlands County take a median of 85 days to sell, and the number for sale is +9.3% on a year ago. Buyers have room to negotiate; sellers should price carefully.
12-month outlook
−3% to +1% for the typical Lake Placid home value over the next 12 months.
A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.
Sources: Zillow Home Value Index, August 2026 · Zillow Observed Rent Index, August 2026 · Realtor.com county data, August 2026. Listing figures are for Highlands County as a whole.
Lake Placid market — questions answered
What is the typical home value in Lake Placid, FL?
$238,604 as of August 2026, −1.6% on a year earlier (Zillow Home Value Index).
Are home prices going up in Lake Placid, FL?
No — the typical home value changed −1.6% over the year to August 2026 and +27.3% over five years.
Is Lake Placid, FL a buyer's or seller's market?
It leans toward buyers: the median home in Highlands County sells in 85 days (Realtor.com, August 2026).
How much is rent in Lake Placid, FL?
The typical rent is $1,503 a month as of August 2026, +1.8% on a year earlier (Zillow Observed Rent Index).
How many homes are for sale in Lake Placid, FL?
879 homes were listed for sale across Highlands County in August 2026 (Realtor.com).
Who are the best real estate agents in Lake Placid, FL?
Homegrity lists 739 licensed Lake Placid agents, each checked against the state license register. Placement is never bought. See them at /real-estate-agents/lake-placid.