Housing in Lake City, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$240,000

Median List Price

$238,500

Price Per Sq Ft

$146

Days on Market

29

Active Inventory

55

Months of Supply

11.0

Buyer's market

Zillow Home Value

$254,422

ZHVI — January 2026

Zillow Rent Index

$1,455

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 4.3%List Price 4.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

37.5%

Sale-to-List Ratio

93.6%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
37.5%
Listings with Price Drops
30.9%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

15

Pending Sales

8

Homes Sold 44.4%New Listings 7.1%Pending 33.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$146

Median List $/SF

$163

Sale $/SF 13.6%List $/SF 16.4%Mar 24Jan 26

Lake City vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Lake City is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$178,600

Median Rent

$940

Total Housing Units

5,487

Vacancy Rate

11.1%

Owner Occupied

39.8%

Renter Occupied

60.2%

Median Property Tax

$1,321

per year

Monthly Cost (w/ Mortgage)

$842

Housing Types

Single Family
56.5%
Multi-Family
39.7%
Mobile Home
3.8%

The current median sale price in Lake City, FL is $240,000 according to Redfin data. Homes spend a median of 29 days on the market. 20.0% of homes sold above asking price. The market has 11.0 months of supply. The median price per square foot is $146. Zillow's observed rent index is $1,455/month. About 39.8% of housing units are owner-occupied. The median year homes were built is 1979. There are 5,487 total housing units.