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Lake Placid from McKenzie MountainPhoto: Mwanner · CC BY-SA 3.0
Housing in Lake Placid

39 homes sold in Lake Placid in the last year, at a typical $623K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lake Placid homes are listed.

Homes sold
39
October 2025 to September 2026
Typical sale price
$623K
median, weighted by sales
Price per square foot
$313
New York $398
Paid vs. asking
97%
14% sold over asking
For sale now
22
September 2026 · 2 sold that month
What sold · last 12 months

Houses are 0% of Lake Placid’s sales, at a typical — (year to May 2026)

39 homes sold in the year to September 2026.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

39 sales in the last year, against 76 in 2021 and a low of 0 in 2012. The typical sale went from $323K in 2016 to $623K.

Homes soldTypical sale price
0255075100$325K$450K$575K$700K2012: 0 sold, typical $300K’122013: 15 sold, typical $298K2014: 32 sold, typical $322K’142015: 39 sold, typical $314K2016: 42 sold, typical $323K’162017: 45 sold, typical $329K2018: 52 sold, typical $340K’182019: 37 sold, typical $393K2020: 60 sold, typical $428K’202021: 76 sold, typical $515K2022: 46 sold, typical $571K’222023: 33 sold, typical $632K2024: 41 sold, typical $481K’242025: 38 sold, typical $652KLast 12 months: 39 sold, typical $623KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Lake Placid are more common than before the pandemic, with about as many homes for sale

We read every month of Lake Placid’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 39 sales.

If you’re buying in Lake Placid

  • Shop in October. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
  • Offer under asking. Buyers paid 97% of the list price on average; 14% paid over.
  • You’ll usually have time. Only 20% of homes go under contract within two weeks; the typical one takes 50 days.
Best time to buy

Fall brings the homes; summer brings the bidding wars

September has the most new listings (about 6 a month), but July is the most competitive: 20% of July sales close over asking. December has the least competition (7%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 2 new listings a month, 10% sold over asking, 150 days to sellJFeb: 2 new listings a month, 10% sold over asking, 158 days to sellFMar: 3 new listings a month, 10% sold over asking, 167 days to sellMApr: 3 new listings a month, 9% sold over asking, 184 days to sellAMay: 5 new listings a month, 14% sold over asking, 180 days to sellMJun: 5 new listings a month, 16% sold over asking, 171 days to sellJJul: 6 new listings a month, 20% sold over asking, 147 days to sellJAug: 6 new listings a month, 17% sold over asking, 91 days to sellASep: 6 new listings a month, 15% sold over asking, 87 days to sellSOct: 6 new listings a month, 10% sold over asking, 93 days to sellONov: 4 new listings a month, 9% sold over asking, 107 days to sellNDec: 3 new listings a month, 7% sold over asking, 106 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than New York

Lake Placid now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price14%6%18%39%
Gone within two weeksShare of homes under contract within 14 days20%2%3%25%
Price paid vs. askingAverage sale price ÷ list price97%94.8%96.3%100.5%
Days to sellMedian days from listing to contract5014815043
Supply

20 homes for sale on a typical day

That’s 3.3 times the 2012 low (6), about the 2017–19 level and well under 2025’s 37.

2012: 6 for sale’122013: 18 for sale2014: 21 for sale2015: 27 for sale’152016: 20 for sale2017: 21 for sale2018: 20 for sale’182019: 20 for sale2020: 27 for sale2021: 23 for sale’212022: 16 for sale2023: 13 for sale2024: 30 for sale’242025: 37 for saleLast 12 months: 20 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lake Placid home costs about $3,912 a month

Mortgage
Property tax
Insurance
Rent

Price: Lake Placid’s typical sale, last 12 months. Property tax at Lake Placid’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lake Placid is affordable on local pay is on Cost of living.

Before you buy in Lake Placid

Six things worth knowing

6

New listings in September

The month with the most choice. January has the fewest, about 2.

Best time to buy
1.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $623K home, about $7,940 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Lake Placid, from test results, graduation and how much students grow.

Schools in Lake Placid
18 min

Typical commute

The average one-way trip to work for people who live in Lake Placid.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

North Elba, Saranac Lake, Harrietstown, Jay and Tupper Lake sell for less a square foot

The busier markets within 25 miles of Lake Placid, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
North Elba120$559K$29710%62
Harrietstown49$390K$23321%65
Saranac Lake45$348K$20325%63
Jay39$306K$23215%106
Lake Placid39$623K$31314%50
Tupper Lake22$180K$13512%101
Keene22$479K$3498%145

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lake Placid, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Placid. People who follow the town see it, and so do people comparing Lake Placid with their own town. No commission, no listing fee.

Questions about buying a home in Lake Placid

What do homes sell for in Lake Placid, NY?

39 homes sold in the year to September 2026 at a typical $623K, $313 a square foot.

Is Lake Placid a buyer’s or seller’s market?

A buyer’s market: 22 homes were for sale in September 2026 and 2 sold, about 8.1 months of supply. Buyers paid 97% of asking on average.

When is the best time to buy in Lake Placid?

September brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lake Placid?

About 1.3% of a home’s value a year. On a $623K home that’s near $7,940.

Where can I see homes for sale in Lake Placid?

Zillow, Redfin, Realtor.com and Homes.com all carry Lake Placid’s MLS listings; the search links above open each one filtered to Lake Placid.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).