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2024 Compare Cities Housing:
Palm City, FL vs Lake Placid, FL

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Highlights
- The median age of a home in Palm City is 31.0% younger than the median age of a home in Lake Placid.

Housing
 Palm City, FLLake Placid, FLUnited States
 Median Home Age293842
 Median Home Cost$614,700$248,500$338,100
 Home Appr. Last 12 months27.2%25.4%16.6%
 Home Appr. Last 5 yrs.91.2%95.2%57.0%
 Home Appr. Last 10 yrs.231.4%186.0%101.1%
 Property Tax Rate$8.9$9.4$11.0
 Homes Owned76.6%38.3%57.4%
 Housing Vacant12.2%29.6%11.2%
 Homes Rented11.2%32.1%31.4%
 space
 Avg Rent For Home Or Apartment
 Palm City, FLLake Placid, FLUnited States
 Average Rent$2,560$1,190$1,840
 Studio Apartment$1,520$690$1,080
 1 Bedroom Home or Apartment$1,530$740$1,180
 2 Bedroom Home or Apartment$1,930$970$1,430
 3 Bedroom Home or Apartment$2,600$1,210$1,860
 4 Bedroom Home or Apartment$2,990$1,460$2,160
 space1
 Vacant Housing
 Palm City, FLLake Placid, FLUnited States
 Vacant For Rent0.4%7.7%1.9%
 Vacant Rented0.7%0.0%0.4%
 Vacant For Sale0.8%3.8%0.7%
 Vacant Sold0.4%0.0%0.4%
 Vacant Vacation4.4%2.2%3.6%
 Vacant Other5.5%15.9%4.1%
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 Owner-Occupied Housing Value
 Palm City, FLLake Placid, FLUnited States
 Less Than $20,0000.3%2.1%2.6%
 $20,000 to $39,9990.4%21.2%2.4%
 $40,000 to $59,9990.5%4.4%2.8%
 $60,000 to $79,9990.0%7.4%3.9%
 $80,000 to $99,9990.0%3.0%4.5%
 $100,000 to $149,9993.6%11.0%11.3%
 $150,000 to $199,9996.7%7.4%13.0%
 $200,000 to $299,99916.5%27.8%20.1%
 $300,000 to $399,99918.8%5.1%13.6%
 $400,000 to $499,99918.6%4.9%8.3%
 $500,000 to $749,99925.4%1.9%9.7%
 $750,000 to $999,9995.4%3.0%3.9%
 $1,000,000 to $1,499,9992.6%0.8%2.2%
 $1,500,000 to $1,999,9990.8%0.0%0.8%
 $2,000,000 and over0.4%0.0%1.1%
 space3
 Housing Units By Year Built
 Palm City, FLLake Placid, FLUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 201420.6%13.8%13.6%
 2000 to 200920.6%13.8%13.6%
 1990 to 199927.8%18.6%13.6%
 1980 to 198935.2%18.2%13.2%
 1970 to 19797.3%22.1%14.8%
 1960 to 196927.8%18.6%13.6%
 1950 to 19590.8%7.9%10.0%
 1940 to 19490.0%2.2%4.7%
 1939 or Earlier0.9%2.0%12.2%

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Reviews for Palm City    6 Reviews

Over 3 years ago

Palm City has grown over the last 9 years that we've lived here. It is definitely becoming more crowded. Some dislike this progress because it increases traffic, longer  More

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Over 16 years ago

Palm City Schools are better than any of the private schools I attended. The teachers and faculty show genuine care at every level. "Character Counts" is a campaign that  More

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Over 18 years ago

A great little town to live in for both retired and still working people and families. The best schools, a variety of churches, many glof courses, and handy location  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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ZIPS IN PALM CITY, FLORIDA
34990
ZIPS IN LAKE PLACID, FLORIDA
33852

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