Zip 12946 (Lake Placid, NY) Housing

The housing market in 12946 Lake Placid, NY is thriving. The median value of a house in the area is $386,700, significantly higher than the US median value of $338,100. In the past year, the US house appreciation was 8.27%, and appreciation in this region was even greater at 12.09%. This illustrates that housing in 12946 Lake Placid, NY has been steadily increasing in value over time and is an excellent investment opportunity for prospective homeowners.

The median home cost in Lake Placid (zip 12946) is $386,700. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Lake Placid (zip 12946) is up 14.6%.

Average Age of Homes

- The median age of Lake Placid (zip 12946) real estate is 43 years old

The Rental Market in Lake Placid (zip 12946)

- Renters make up 27.2% of the Lake Placid (zip 12946) population
- 0.7% of houses and apartments in Lake Placid (zip 12946), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake Placid, New York	United States
	3,691.0	139,647,020.0
	42	42
	$386,700	$338,100
	14.6%	16.6%
	55.4%	57.0%
	64.5%	101.1%
	$19.07	$10.98
	$4,639	$2,690
	35.2%	57.4%
	45.8%	11.2%
	19.0%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	1.4%	0.4%
	40.6%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	6.1%	2.6%
	2.6%	2.4%
	5.1%	2.8%
	0.0%	3.9%
	3.5%	4.5%
	6.2%	11.3%
	3.2%	13.0%
	14.1%	20.1%
	12.2%	13.6%
	10.3%	8.3%
	17.7%	9.7%
	3.5%	3.9%
	13.1%	2.2%
	0.6%	0.8%
	1.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	21.1%	13.6%
	21.1%	13.6%
	5.9%	13.6%
	18.3%	13.2%
	17.3%	14.8%
	5.9%	13.6%
	9.5%	10.0%
	2.1%	4.7%
	17.5%	12.2%

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