Current Price

$326,385

1 Month Forecast

â–² $363,923

1-Year Forecast *

â–² $420,791

5-Year Forecast *

â–² $432,073

"Is it a good time to buy homes in Lake Placid?" "Does investing in real estate in Lake Placid (New York State, Essex County) worth it?" According to our live Forecast System, buying a house in Lake Placid is a very good short-term (1-year) investment*. The Lake Placid average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Lake Placid" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Lake Placid in New York State, Essex County. If you are looking for homes for sale with good flipping profit, Lake Placid can be a profitable property investment option. The median price of an average house in Lake Placid was 326,385 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lake Placid" area is 432,073 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +32.38% meaning that investing 100000 USD today may yield a profit of 32,381 USD by 2031.

Current Median Listing Price: 326,385 USD Median Listing Price Per Square Foot: 181 USD

Lake Placid Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Lake Placid (New York State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Lake Placid Price Target

Lake Placid median home price target in 12 months: $420,791* (upside of 28.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $375,233 $358,870 $354,331 $375,233
2024 $391,831 $326,385 $326,385 $391,831
2023 $373,567 $402,977 $367,722 $412,860
2022 $347,692 $376,799 $347,692 $384,120
2021 $282,546 $338,211 $282,546 $338,211
2020 $269,318 $277,184 $266,944 $277,184
2019 $261,036 $267,592 $261,036 $267,627
2018 $248,444 $261,071 $248,421 $261,071
2017 $242,254 $248,516 $240,580 $248,516
2016 $241,433 $242,442 $239,828 $242,442
2015 $230,437 $241,520 $230,033 $241,520
2014 $226,772 $230,817 $226,772 $231,641
2013 $217,890 $225,969 $213,644 $225,969
2012 $221,518 $218,414 $218,414 $221,605

Questions & Answers about the Lake Placid Housing Market Forecast

How much does an average home cost in Lake Placid today?

The value of an average home (the listing price) in Lake Placid is $326,385 USD.

What is the average price per square foot in Lake Placid?

According to Walletinvestor the median price per square foot in Lake Placid is 181 USD.

Will the median listing price of homes in Lake Placid grow / rise / go up?

Yes. The Lake Placid home prices may rise from 326,385 USD to 420,791 USD in one year.

Is it profitable to invest in Lake Placid homes?

Yes. The long-term profit potential is +28.92% in one year.

Will Lake Placid house prices fall / drop?

No. See above.

What is the predicted price of a Lake Placid home in 2030?

The predicted home sales price of a Lake Placid home in 2030 in Lake Placid is 389,138 USD.

What is the predicted price of a Lake Placid home in 2035?

The predicted home sales price of a Lake Placid home in 2035 in Lake Placid is 447,498 USD.

Will real estate prices decrease in Lake Placid?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Lake Placid is the 7663. largest city in the United States, located in New York State.

During the last 12 months the real estate prices in Essex, Lake Placid decreased, looking at the past 12 months.

According to Walletinvestor's Lake Placid real estate market research, home values will increase in the next 12 months.

Median home values decreased by 8.923% to 326,385 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 28.865% in 2021
  • 27.245% in 2022
  • 29.485% in 2023
  • 28.225% in 2024
  • 28.735% in 2025
  • 29.325% in 2026

Based on our Lake Placid real estate market research and report the predicted sales prices will increase by 1,168.695% in the next 10 years.

Over the last 12 months, the value of homes in Lake Placid fluctuated: increasing 2 times and decreasing 2 times.

Lake Placid (New York) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Lake Placid Housing Market Forecast with Real Estate Prices for 2025
August 2025 363923 332262 395585
September 2025 369048 340262 397834
October 2025 374244 355158 393331
November 2025 379514 348014 411014
December 2025 384191 364982 403401
Lake Placid Housing Market Forecast with Real Estate Prices for 2026
January 2026 387831 366889 408774
February 2026 392376 366480 418273
March 2026 397901 374425 421378
April 2026 403504 375259 431750
May 2026 409186 373587 444785
June 2026 414948 392956 436940
July 2026 420791 386286 455296
August 2026 426716 390019 463414
September 2026 432725 396809 468641
October 2026 435919 403225 468613
November 2026 436983 412949 461018
December 2026 434887 406620 463155
Lake Placid Housing Market Forecast with Real Estate Prices for 2027
January 2027 434481 403198 465763
February 2027 432240 410195 454284
March 2027 431121 393183 469060
April 2027 428654 392219 465090
May 2027 424978 393530 456427
June 2027 421347 386796 455897
July 2027 418328 380260 456396
August 2027 420220 387022 453417
September 2027 424483 382883 466082
October 2027 430460 405493 455426
November 2027 436521 414695 458347
December 2027 442668 418764 466572
Lake Placid Housing Market Forecast with Real Estate Prices for 2028
January 2028 448901 412091 485711
February 2028 451585 422684 480487
March 2028 449448 419785 479112
April 2028 443887 405713 482062
May 2028 438395 394555 482234
June 2028 432971 398333 467608
July 2028 427613 393404 461823
August 2028 422970 395477 450463
September 2028 422315 382617 462012
October 2028 421668 383718 459618
November 2028 418679 389371 447986
December 2028 413498 384967 442030
Lake Placid Housing Market Forecast with Real Estate Prices for 2029
January 2029 408382 369177 447587
February 2029 403329 372676 433982
March 2029 398339 364878 431799
April 2029 393410 370592 416228
May 2029 398950 370225 427674
June 2029 394013 355794 432233
July 2029 389138 358785 419491
August 2029 386498 349394 423602
September 2029 384760 351286 418234
October 2029 386232 349154 423310
November 2029 389689 352279 427100
December 2029 395177 358820 431533
Lake Placid Housing Market Forecast with Real Estate Prices for 2030
January 2030 400741 371888 429595
February 2030 406384 374686 438082
March 2030 412106 375841 448372
April 2030 417185 390902 443468
May 2030 421138 397133 445143
June 2030 426073 389005 463142
July 2030 432073 396643 467503
August 2030 438157 405295 471019
September 2030 444327 420777 467876
October 2030 450583 422647 478519
November 2030 456928 422658 491198
December 2030 463362 422123 504601
Lake Placid Housing Market Forecast with Real Estate Prices for 2031
January 2031 469887 425247 514526
February 2031 473356 444954 501757
March 2031 474511 439397 509625
April 2031 472235 447206 497263
May 2031 471793 439240 504347
June 2031 469360 440260 498460
July 2031 468146 431162 505129
August 2031 465467 422178 508755
September 2031 461475 434709 488240
October 2031 457531 413151 501912
November 2031 454254 427907 480600
December 2031 456308 428929 483686
Lake Placid Housing Market Forecast with Real Estate Prices for 2032
January 2032 460937 430054 491819
February 2032 467427 443588 491266
March 2032 474009 432296 515722
April 2032 480684 437903 523464
May 2032 487452 444556 530348
June 2032 490367 449176 531558
July 2032 488046 457299 518793

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.