2026 Compare Cities Housing:
Lake Placid, FL vs Homestead, FL

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Highlights
- The median age of a home in Lake Placid is 47.4% older than the median age of a home in Homestead.
 Lake Placid, FLHomestead, FLUnited States
 Median Home Age38  Unlock42
 Median Home Cost  Unlock$410,900$338,100
 Home Appr. Last 12 months25.4%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock78.0%57.0%
 Home Appr. Last 10 yrs.186.0%  Unlock101.1%
 Property Tax Rate  Unlock$8.9$11.0
 Homes Owned38.3%  Unlock57.4%
 Housing Vacant  Unlock6.1%11.2%
 Homes Rented32.1%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Lake Placid, FLHomestead, FLUnited States
 Average Rent  Unlock$2,190$1,840
 Studio Apartment$690  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,350$1,180
 2 Bedroom Home or Apartment$970  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,220$1,860
 4 Bedroom Home or Apartment$1,460  Unlock$2,160
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 Vacant Housing
 Lake Placid, FLHomestead, FLUnited States
 Vacant For Rent  Unlock3.2%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.2%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.0%3.6%
 Vacant Other15.9%  Unlock4.1%
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 Owner-Occupied Housing Value
 Lake Placid, FLHomestead, FLUnited States
 Less Than $20,000  Unlock2.5%2.6%
 $20,000 to $39,99921.2%  Unlock2.4%
 $40,000 to $59,999  Unlock2.2%2.8%
 $60,000 to $79,9997.4%  Unlock3.9%
 $80,000 to $99,999  Unlock2.0%4.5%
 $100,000 to $149,99911.0%  Unlock11.3%
 $150,000 to $199,999  Unlock15.5%13.0%
 $200,000 to $299,99927.8%  Unlock20.1%
 $300,000 to $399,999  Unlock26.3%13.6%
 $400,000 to $499,9994.9%  Unlock8.3%
 $500,000 to $749,999  Unlock1.1%9.7%
 $750,000 to $999,9993.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Lake Placid, FLHomestead, FLUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock44.5%13.6%
 2000 to 200913.8%  Unlock13.6%
 1990 to 1999  Unlock14.6%13.6%
 1980 to 198918.2%  Unlock13.2%
 1970 to 1979  Unlock6.8%14.8%
 1960 to 196918.6%  Unlock13.6%
 1950 to 1959  Unlock5.9%10.0%
 1940 to 19492.2%  Unlock4.7%
 1939 or Earlier  Unlock1.3%12.2%
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 11 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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Reviews for Homestead    20 Reviews

I've lived in Homestead for about 12 years, and I can't wait to leave. It's a city full of poor people who can't afford to live in Miami by any stretch of the  More

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Over 8 years ago

It stinks with smelty Smokey air most evenings right in the heart of town. ATC’s run rampant. Police do nothing. Code enforcement is a laughable joke in most cases. You  More

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Over 8 years ago

My family has lived in Homestead for 4 years. Whatever you do make sure the area you rent/purchase is not within the limits of City of Homestead. Our electric bill is 4  More

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