Lake Placid, NY Real Estate

According to census data in the year 2000 there were 1,784 housing units in Lake Placid. This represents a 10.8% growth from 1,610 in 1990.

Of those housing units, 1,757 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.

Homeownership rate in Lake Placid is about 43.7%. Lake Placid's vacancy rate, including seasonal lodging, is about 27%. Average household size is 2 people.

The majority of houses, apartments or condos in Lake Placid were built after 1939.


Housing Size

Housing Units by Size
Studio Type4.10%
One Bedroom27.60%
Two Bedrooms31.20%
Three Bedrooms24.40%
Four Bedrooms8.30%
Five Bedrooms or more4.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1939
Median Value of occupied units$98,500
Median Price asked for vacant units$145,000

Rented Homes, Apartments and Condos

Average Household Size1.68
Median year structure was built1939
Median Monthly Rent asked for vacant units$457

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.50%
Home Equity Loan5.80%
Simple Mortgage53.50%
Debt Free40.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23.1%