Market Summary

Lake Placid, Essex County, NY

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Median Home Price Price

$334,906 $334.9K

Median Monthly Rent Rent

$1,233 $1.2K

GRM

23.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Essex County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within NY outside of Essex County

Region Price Rent GRM Display

Home prices

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Monthly rent

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GRM

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Similar markets outside of NY

Region Price Rent GRM Display
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$1,404,347 $2,708 43.0x
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$832,548 $3,021 23.0x
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$1,054,237 $1,342 66.0x
$392,855 $1,359 24.0x
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$4,560,354 $944 402.0x
$1,011,600 $966 87.0x
$154,105 $1,300 10.0x
$2,003,530 $3,322 50.0x
$872,505 $1,392 52.0x
$182,309 $1,065 14.0x
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$128,159 $947 11.0x
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$354,989 $1,250 24.0x
$157,435 $925 14.0x
$584,634 $864 56.0x

Home prices

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Monthly rent

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GRM

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Lake Placid

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Trend Insights

Median Rent in Lake Placid, NY is $1,233, with MoM change +$9 and YoY change +$4 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

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Metric
Base market Lake Placid, NY
Compare market Select a market
Delta vs base
Median rent
$1,233
N/A
Median price
$334,906
N/A
YoY change
+$4
N/A
Price-to-rent
22.6x
Data unavailable
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