Lake City, FL
Housing market overview · Updated weekly
$550,000median sale price
Homes sold
3
Last 12 weeks
Days on market
10
Fast-moving
Active listings
62
20.7 months supply
Sale-to-list
95.8%
Below asking
The Lake City housing market is currently classified as a buyer's market with a median sale price of $550,000. Prices have risen 175.0% compared to last year, with homes spending an average of 10 days on market, indicating 20.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Lake City
There are currently 62 homes listed for sale in Lake City, Florida. The median listing price is $217K.
Active listings
62
Homes on market
Median list price
$217K
Avg. days on market
10
Days until sale
New this week
12
Newly listed
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Frequently asked questions
What is the average home price in Lake City?
The median home sale price in Lake City is $550,000, up 175.0% from last year.
How long do homes stay on market in Lake City?
Homes typically spend 10 days on market before going under contract.
Is Lake City a buyer's or seller's market?
With 20.7 months of supply, Lake City is currently a buyer's market.
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