2024 Compare Cities Housing:
Inverness, FL vs Lake Placid, FL

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Highlights
- The median age of a home in Inverness is 8.6% younger than the median age of a home in Lake Placid.
 Inverness, FLLake Placid, FLUnited States
 Median Home Age353842
 Median Home Cost$229,900$248,500$338,100
 Home Appr. Last 12 months29.3%25.4%16.6%
 Home Appr. Last 5 yrs.98.0%95.2%57.0%
 Home Appr. Last 10 yrs.175.5%186.0%101.1%
 Property Tax Rate$6.1$9.4$11.0
 Homes Owned53.8%38.3%57.4%
 Housing Vacant17.8%29.6%11.2%
 Homes Rented28.4%32.1%31.4%
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 Avg Rent For Home Or Apartment
 Inverness, FLLake Placid, FLUnited States
 Average Rent$1,280$1,190$1,840
 Studio Apartment$700$690$1,080
 1 Bedroom Home or Apartment$710$740$1,180
 2 Bedroom Home or Apartment$940$970$1,430
 3 Bedroom Home or Apartment$1,300$1,210$1,860
 4 Bedroom Home or Apartment$1,600$1,460$2,160
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 Vacant Housing
 Inverness, FLLake Placid, FLUnited States
 Vacant For Rent3.9%7.7%1.9%
 Vacant Rented0.6%0.0%0.4%
 Vacant For Sale1.8%3.8%0.7%
 Vacant Sold0.0%0.0%0.4%
 Vacant Vacation6.9%2.2%3.6%
 Vacant Other4.6%15.9%4.1%
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 Owner-Occupied Housing Value
 Inverness, FLLake Placid, FLUnited States
 Less Than $20,0003.3%2.1%2.6%
 $20,000 to $39,9990.0%21.2%2.4%
 $40,000 to $59,9997.8%4.4%2.8%
 $60,000 to $79,99911.9%7.4%3.9%
 $80,000 to $99,99912.0%3.0%4.5%
 $100,000 to $149,99936.9%11.0%11.3%
 $150,000 to $199,99912.3%7.4%13.0%
 $200,000 to $299,9999.8%27.8%20.1%
 $300,000 to $399,9991.3%5.1%13.6%
 $400,000 to $499,9993.0%4.9%8.3%
 $500,000 to $749,9991.6%1.9%9.7%
 $750,000 to $999,9990.0%3.0%3.9%
 $1,000,000 to $1,499,9990.0%0.8%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.0%0.0%1.1%
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 Housing Units By Year Built
 Inverness, FLLake Placid, FLUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20146.3%13.8%13.6%
 2000 to 20096.3%13.8%13.6%
 1990 to 199928.2%18.6%13.6%
 1980 to 198929.2%18.2%13.2%
 1970 to 197923.4%22.1%14.8%
 1960 to 196928.2%18.6%13.6%
 1950 to 19592.5%7.9%10.0%
 1940 to 19491.5%2.2%4.7%
 1939 or Earlier0.8%2.0%12.2%
Reviews for Inverness    11 Reviews

I moved here from St Petersburg last spring. I came here because it’s quiet with very little crime. True there isn’t many stores and restaurants but property is  More

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I've lived here for 18 years. Housing is expensive, extra gas tax, no shopping, no nice restaurants, nothing to do, low wages, nepotism is rampant (unless you're a good  More

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Over 6 years ago

We are looking at Inverness to decide if that is were we went to move. Any information  More

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Reviews for Lake Placid    4 Reviews

So, I bought a house in Lake Placid about 7 months ago and so far I love it. Real Estate is very reasonable and plenty of properties to pick from. Seems like prices  More

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Your site states it is not a good time to buy a home in Lake Placid because home prices are down. Wouldn't that be the perfect time to  More

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Over 9 years ago

South Florida definitely has the best weather but that comes with a price. I'm retiring to the wide open spaces of Lake Placid. Cost of living is lower and home prices,  More

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