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LAKE PLACID, NY 12946

Real Estate Market Report  ·  Essex County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LAKE PLACID, NY real estate market (12946) currently shows 84 active listings, with 10 pending sales. Homes are averaging 191 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 191 days on market compared to 157 days last year.

The median listing price has fallen 14.1% year-over-year, from $85,000 to $73,000.

Whether you are buying or selling in LAKE PLACID, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,774  ·  Density: 13.4/mi²  ·  Median household income: $76,023

Typical home value: $425,331  ·  Homeownership: 69.9%

Market Overview

Active Listings
84
⇩ 1.2% vs 85 last year
Pending
10
12% pending ratio
Median Price
$73,000
⇩ 14.1% vs $85,000 last year
Average Price
$1,030,711
⇧ 30.2% vs $791,675 last year
Days on Market
191
⇧ 21.7% vs 157 days last year

Price Per Square Foot

Median $/sqft
$59
⇧ 1.7% vs $58/sqft last year
Median Home Size
1,704 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 84 this year vs 85 last year
  • Days on market: 191 now vs 157 last year

Median & Average Pricing

Year over Year
  • Median: $73,000 (-14.1% YoY)
  • Average: $1,030,711 (+30.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.5 miles — 201 listings ($151,275,967 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12946Lake Placid, NY 129460.0 mi93$99,713,019$79,500$1,072,183
12943Keene Valley, NY 1294310.5 mi3$3,162,999$775,000$1,054,333
12997Wilmington, NY 1299712.3 mi14$7,568,624$588,750$540,616
12913Bloomingdale, NY 1291313.5 mi5$2,370,000$474,000$474,000
12941Jay, NY 1294116.0 mi25$11,055,475$409,498$442,219
12855North Hudson, NY 1285518.5 mi2$519,500$259,750$259,750
12912Au Sable Forks, NY 1291220.1 mi9$4,614,048$254,975$512,672
12989Vermontville, NY 1298921.6 mi4$1,559,300$349,500$389,825
12986Tupper Lake, NY 1298622.4 mi32$17,559,424$281,000$548,732
12998Witherbee, NY 1299822.8 mi2$510,000$255,000$255,000
12924Keeseville, NY 1292426.0 mi1$16,388$16,388$16,388
12956Mineville, NY 1295626.3 mi8$1,830,840$214,974$228,855
12960Moriah, NY 1296026.5 mi3$796,350$265,450$265,450

Frequently Asked Questions

How many homes are for sale in LAKE PLACID, NY 12946?

As of March 2026, there are 84 active listings in LAKE PLACID, NY (zip code 12946), compared to 85 the prior year.

What is the median home price in LAKE PLACID, NY 12946?

The median listing price in LAKE PLACID, NY 12946 is $73,000 as of March 2026, a 14.1% decrease from $85,000 the prior year.

How long do homes stay on the market in LAKE PLACID, NY?

Homes in LAKE PLACID, NY 12946 spend an average of 191 days on the market before going under contract, compared to 157 days the prior year.

Is it a seller's or buyer's market in LAKE PLACID, NY 12946?

Based on current inventory and days-on-market data as of March 2026, LAKE PLACID, NY 12946 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 191 days on market compared to 157 days last year.

How much can I save on real estate commission in LAKE PLACID, NY?

With SELL123.com's maximum 3% commission, sellers in LAKE PLACID, NY 12946 save an estimated $1,460 compared to a typical 5% commission on the median listing price of $73,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.