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Real Estate Market Trends and Analytics in Lake City (32055), FL

In October 2026, the median home sale price in Lake City (32055), FL was $194,000, with homes selling in an average of 77 days — slower than the 68-day average last year, suggesting buyers have more negotiating room. A total of 22 homes sold in this period, down from 28 last year.
View all properties for sale in Lake City (32055), FL

Lake City (32055), FL Market Trend

Median List Price
The median list price of Lake City (32055), FL, was $200,500 in October 2026, compared to $365,000 in October 2025.

Lake City (32055), FL Market Trend for Houses

Median List Price
The median list price of houses in Lake City (32055), FL, was $349,000 in October 2026, compared to $365,000 in October 2025.

Lake City (32055), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Lake City (32055), FL, was $0 in October 2026, compared to $0 in October 2025.

Lake City (32055), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Lake City (32055), FL, was $76,250 in October 2026, compared to $395,000 in October 2025.

Lake City (32055), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Lake City (32055), FL, was $775,000 in October 2026, compared to $699,000 in October 2025.

Lake City (32055), FL Housing Market Analysis

There are currently 36 homes listed for sale in Lake City (32055), FL, an increase of 227.27% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $446,298 (up 16.76% year-over-year), and the average price per square foot is $150 compared to $153 in 2025. Properties spend an average of 181 days on the market before going under contract.
36
for sale
2
for rent
22
sold
Median Price
$200K
Median SQFT Price
$150
SF Range
700 - 15,000 SF
Beds
1 - 5
Avg. Dom
181 days
Year Built
1925 - 2026
Monthly brief
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Properties in Lake City (32055), FL

For Sale
$50,000
Lots/Land
0.67 acres
PINE RIDGE SUB, LAKE CITY
375 NW LAMAR PLACE
For Sale
$235,000
4 bds · 2 ba · 1,768 sqft
PINE RIDGE SUB, LAKE CITY
387 NW LAMAR PLACE
New
For Sale
$144,900
House
1 bds · 1 ba · 1,000 sqft
THOMAS PARK S/D, LAKE CITY
1051 NE LAKE DRIVE
For Sale
$175,999
House
2 bds · 2 ba · 728 sqft
MCRELROY, Other City - In The State Of Florida
862 NE COLDWATER AVE, Other City - In The State Of Florida FL 32055
For Sale
$11,000
Lots/Land
0.48 acres
LAKE CITY
118 & 136 NE ANGUS WAY
-$14K
For Sale
$65,999
Lots/Land
2.10 acres
JOHNS PLACE/WOODBOROUGH PH 02, LAKE CITY
200 NW SCENIC LAKE DRIVE
-$10K
For Sale
$144,900
House
3 bds · 1 ba
THOMAS PARK S/D, Other City - In The State Of Florida
1051 Lake Dr, Other City - In The State Of Florida FL 32055
-$15K
For Sale
$75,000
Lots/Land
5.01 acres
COUNTRY LANE ESTATES SUB, LAKE CITY
7466 NW US HIGHWAY 41

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