Lake City, SC Housing Market & Real Estate

Buyer's market+136.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Lake City, SC is $210,000, up 136.0% year-over-year. Homes sell in an average of 104 days with 24 active listings. The market is currently a buyer's market.

$210,000median sale price

Is Lake City a buyer's or seller's market?

Buyer's market24.0 months of supply104 avg. days on market

Lake City, SC is currently a buyer's market, based on 24.0 months of supply and homes selling in about 104 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

104

Average pace

Active listings

24

24.0 months supply

Sale-to-list

92.1%

Below asking

Lake City, SC market data

Current housing market statistics for Lake City, SC
MetricValue
Median sale price$210,000
Median list price$187,250
Year-over-year price change+136.0%
Average days on market104 days
Active inventory24 listings
Months of supply24.0 months
Sale-to-list price ratio92.1%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Lake City housing market is currently classified as a buyer's market with a median sale price of $210,000. Prices have risen 136.0% compared to last year, with homes spending an average of 104 days on market, indicating 24.0 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 24 homes listed for sale in Lake City, South Carolina. The median listing price is $187K.

Active listings

24

Homes on market

Median list price

$187K

Avg. days on market

104

Days until sale

New this week

2

Newly listed

Price drops:25.0%of listings
Sale-to-list:92.1%

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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 $210,000, up 136.0% from last year.

How long do homes stay on market in Lake City?

Homes typically spend 104 days on market before going under contract.

Is Lake City a buyer's or seller's market?

With 24.0 months of supply, Lake City is currently a buyer's market.

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