Homes for sale inLake Placid, Florida
Lakes, murals, and small-town pace in central Florida
43
Homes for sale
$284,900
Median list price
$201
Avg price / sqft
69
Median days on market
Lake Placid sits in the heart of Highlands County, a town known for its ring of lakes and the hand-painted murals that line downtown. It's a quiet, slow-paced place where life tends to orbit the water — fishing, boating, and the kind of lakefront mornings that draw retirees and families looking to stretch a dollar. The housing here leans toward single-family homes, with a steady supply of waterfront homes for buyers who want direct access to one of the many lakes.
For a buyer today, Lake Placid is an affordable corner of Florida: the median list price is $284,900 and homes sell at a median of $262,500. The market moves deliberately — a median of 69 days on market and sellers landing about 94% of asking means there's room to negotiate. With only 43 active listings and a wide range from $49,900 to nearly $2.6M, it pays to watch the just reduced and new construction listings closely.
Lake Placid is in Highlands County, Florida.
Quick facts
$49,900 – $2.6M price range
1,516 sqft median home
$1,550/mo median rent
Leans buyer right now
Living in Lake Placid
Lake Placid sits in southern Highlands County, in the ridge-and-lake country of central Florida, and life here is organized around water. The town is ringed by lakes that draw anglers and boaters, and the downtown is known for a long-running series of hand-painted murals that give the small commercial core its character. It's a slow, unpretentious place — the kind of town where a trip to the water is a daily habit rather than a special occasion.
The pace suits people who want quiet over convenience. Retirees are well represented, and the affordability pulls in families and remote workers who don't need to be in a metro every day. Downtown is walkable in a compact way, but most daily life happens by car, and the overall feel is rural-small-town rather than suburban.
Who it suits best: buyers who value a low cost of living, lake access, and a calm routine, and who don't mind trading big-city amenities for peace. If your priorities are nightlife, a wide job market, or a short airport run, Lake Placid will feel remote. If they're a dock, a fishing boat, and an affordable mortgage, it's hard to beat in this part of the state.
Neighborhoods and communities in Lake Placid
Lake Placid's housing is spread across lakefront pockets, in-town lots, and planned subdivisions, so the right neighborhood depends on how close to the water you want to be. The named community that stands out in the current data is Highlands Park Estate, a planned residential area within the Lake Placid market. Beyond the named communities, much of the inventory is scattered single-family homes, which is why the single-family homes category is the broadest way to browse.
Waterfront is the defining segment here. Eleven of the active listings are on the water, and if you want the lake view without necessarily a dock, there are also homes with water views to consider. These lakefront and near-lake homes command the widest price range in town, stretching all the way up to the two listings above $1 million.
For buyers who want a more structured setting, there are three gated communities listings and two 55+ communities options on the market. The 55+ segment is small but relevant given the town's retiree draw. Because inventory is limited at any given time — just 43 active listings — it's worth setting alerts and watching the open houses this week as homes rotate on.
Homes for sale in Lake Placid: prices and housing
The numbers tell a story of affordability. The median list price is $284,900 and the median sold price over the past 12 months was $262,500 — among the lowest for central Florida. Homes average about $201 per square foot on a median size of 1,516 square feet, and the range is dramatic, running from $49,900 on the low end to $2,588,000 for premier waterfront. Just two active listings sit above $1 million, so the vast majority of the market is firmly mid-priced or below.
The housing mix is dominated by single-family homes — 34 of the 43 active listings — with three manufactured homes, three condominiums, and a half-duplex rounding things out. If you're open to attached housing, the townhomes & condos pool is small but worth checking. There are six new construction listings currently, plus five homes with a pool for buyers who want one.
Carrying costs are a real part of the appeal. The median property tax is about $1,887 a year and the median HOA is $135 a month, with many non-community homes carrying no HOA at all. For renters-turned-buyers, the median rent of $1,550 a month puts a mortgage on a modestly priced home within reach. With a median 69 days on market and sellers getting around 94% of asking, there's room to negotiate, so start with the just reduced listings.
Schools in Lake Placid
Lake Placid is served by Highlands County public schools, and the most commonly assigned schools in this market are Lake Country Elementary School and Lake Placid Elementary School at the elementary level, Lake Placid Middle School, and Lake Placid High School. Families with children will want to confirm which elementary zone a specific address falls into, since the town has more than one.
School attendance zones are assigned by address and can change, so never assume a home feeds a particular school based on proximity alone. Verify the exact zone for any home you're serious about directly with the Highlands County school district before you make an offer.
Because the town is compact, most homes are a short drive from these schools, but the specific assignment is what matters for enrollment. Do that homework early if school zoning is a deciding factor in your purchase.
Getting around Lake Placid
Lake Placid is a car-dependent town, as most of rural central Florida is. Specific drive times aren't part of the current data, so treat any commute estimate as something to test for yourself at the times you'd actually travel. The main route through the area is U.S. 27, the north–south highway that connects Lake Placid up through Sebring and the rest of Highlands County.
For daily errands, the downtown core and nearby commercial areas handle the basics, but you'll drive for larger shopping, specialty medical care, and anything in a major metro. There is no commuter rail or significant public transit here, so plan on a reliable vehicle being essential.
If a regular commute to a larger city is part of your life, map it carefully before committing. Lake Placid's appeal is partly its distance from the crowds, and that distance is the trade-off for its quiet and its prices.
Is Lake Placid a good place to live?
For the right buyer, Lake Placid delivers a lot: genuine lake access, a low cost of living, and a calm small-town rhythm. The median sold price of $262,500, the modest $1,887 median tax bill, and the many homes without an HOA make it one of the more attainable places to own in central Florida. Buyers also have negotiating room, with homes sitting a median 69 days and sellers accepting about 94% of asking.
The honest trade-offs are real. Inventory is thin at 43 active listings, so the right home may take patience, and the town is remote from big-city jobs, airports, and amenities. It's car-dependent, and anyone needing a short commute to a metro should test the drive before buying.
If your priorities are affordability, water, and quiet, Lake Placid is a strong fit — especially for retirees and remote workers. Start by browsing the waterfront homes and single-family homes, and widen your net with a browse by price if budget is the driving factor.
Fresh on the market
Newest homes in Lake Placid
View all 43 homes →
$299,000
112 CUMBERLAND STREET, LAKE PLACID
4 bd · 3 ba · 2,108 sqft
$130,000
6 HIDDEN HARBOR LANE, LAKE PLACID
1 bd · 2 ba · 911 sqft
$49,900$59,900
1441 CROSSVIEW STREET, LAKE PLACID
3 bd · 2 ba · 1,056 sqft
$2,588,000
492 SUNSET POINTE DRIVE, LAKE PLACID
8 bd · 7 ba · 8,158 sqft
$357,620
208 FIJI WAY NE, LAKE PLACID
3 bd · 2.5 ba · 1,560 sqft
$240,000$260,000
1102 REDBIRD STREET, LAKE PLACID
3 bd · 2 ba · 1,415 sqft
$199,900
450 ROSE LN, LAKE PLACID
2 bd · 2 ba · 1,344 sqft
$989,900
275 CATFISH CREEK ROAD, LAKE PLACID
3 bd · 3.5 ba · 2,297 sqft
$189,900
37 JASMINE STREET, LAKE PLACID
2 bd · 2 ba · 1,406 sqft
$234,500$239,900
1739 TAYLOE LANE, LAKE PLACID
3 bd · 2 ba · 1,231 sqft
$137,900$139,000
32 GRASSY LAKE CIRCLE, LAKE PLACID
1 bd · 1 ba · 511 sqft
$189,999$195,000
259 CUMQUAT ROAD NW, LAKE PLACID
2 bd · 1 ba · 1,014 sqft
42 of 43 active listings shown
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Property features
The numbers that matter
The Lake Placid market
Leans buyer
9.2 months of inventory
Inventory is building — buyers have leverage and time.
54
Sold, last 12 months
$262,500
Median sold price
94%
Sale-to-list ratio
What sellers actually get vs asking
51 days
Median time to sell
Lake Placid vs Highlands County
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 10.2% yr/yr
Homes on the market
▲ 2.1% yr/yr
Homes sold per month
Live Stellar MLS data — listings and closed sales in Lake Placid, FL. Rolling medians smooth single-month swings in thin markets.
For the school run
School zones with homes for sale
Homes matched to official attendance boundaries — always verify zoning with the district.
Beyond the listings
Living in Lake Placid
Lakefront living at real prices
Eleven of the active listings are waterfront, giving buyers direct lake access well below coastal Florida pricing.
Room to negotiate
With homes sitting a median 69 days and sellers accepting about 94% of asking, buyers have genuine leverage here.
Entry-level affordability
Listings start at $49,900 and the median sold price is just $262,500, among the lowest in central Florida.
Mostly single-family
Of 43 active listings, 34 are single-family homes, with a handful of condos and manufactured homes rounding out the mix.
Low carrying costs
Median property tax runs about $1,887 a year and median HOA is a modest $135 a month.
Population
2,438
Median age
41.1
Median income
$45,476
Median home value
$253,200
What people here are into
Food & Drink
Top 10% in the U.S.Ingredient Attentive
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Hobbies & Interests
Top 13% in the U.S.Handcrafted
The only thing more beautiful than handmade decor? The hands that made it. This population appreciates the time and care put into one-of-a-kind pieces.
Beliefs
Top 13% in the U.S.Politically Engaged
Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.
Attitudes
Top 15% in the U.S.Deal Seekers
These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.
Attitudes
Top 16% in the U.S.Volunteering & Giving
Expressing a desire to give back and do good for the community, this behavior emphasizes charity. Common activities include volunteering, fundraisers, and donations.
Lifestyles
Top 17% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
What it really costs
Owning here
Owning the median Lake Placid home
≈ $2,003/mo
$284,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
9%
In a FEMA flood zone
Ask about flood insurance early — it changes the payment
$1,550/mo
Median rent
11 homes for rent right now
Straight answers
Lake Placid real estate FAQs
Is Lake Placid a good place to live?+
Lake Placid suits buyers who want a quiet, lake-centered lifestyle and small-town pace rather than nightlife or big-city convenience. It's especially popular with retirees and families drawn to fishing and boating. The trade-off is fewer amenities and jobs than larger metros, so it works best for those who value affordability and calm.
Is Lake Placid expensive?+
No — it's one of the more affordable markets in central Florida. The median list price is $284,900 and the median sold price over the past year was $262,500, with listings starting as low as $49,900. You can also browse by price to find homes under $200K.
What do homes cost in Lake Placid?+
The median list price is $284,900, and homes average about $201 per square foot on a median size of 1,516 square feet. Prices span widely, from $49,900 up to $2,588,000 for the top waterfront estates. Only two active listings are priced above $1 million.
How is the Lake Placid housing market?+
It's a measured market: 43 homes are active, 54 sold in the past year, and the median time on market is 69 days. Sellers are getting about 94% of their asking price on average, which gives buyers meaningful room to negotiate on homes that have lingered — check the just reduced listings first.
What about HOA fees and property taxes?+
Carrying costs are low here. The median HOA is about $135 a month and the median annual property tax is roughly $1,887. Many single-family homes outside planned communities carry no HOA at all.
What schools serve Lake Placid?+
The most common assigned schools are Lake Country Elementary School and Lake Placid Elementary School, Lake Placid Middle School, and Lake Placid High School. School zones can vary by address, so confirm the assigned school for any specific home with the Highlands County school district before you buy.
Is there new construction in Lake Placid?+
Yes, there are six active new construction listings currently on the market. New builds are a smaller slice of the inventory here than resale homes, so options rotate as they're completed.
Can I find waterfront or pool homes in Lake Placid?+
Absolutely — waterfront is one of the town's defining features, with 11 active waterfront homes and additional homes with a pool among the listings. There are also three gated-community listings for buyers who want that setup.
Keep exploring
Nearby areas
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.
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