In May 2023, Lake City, FL homes were selling for an average price of $414,536, Lake City, FL homes on average sell after 142 days on the market compared to 541 days last year. There were 376 homes sold in Lake City, FL for May 2023, up from 376 last year.
The average list price of Lake City, FL, was $414,536 in May 2023, compared to $368,813 in May 2022.
Lake City, FL Market Trend for Houses
Average List Price
The average list price of houses in Lake City, FL, was $481,405 in May 2023, compared to $601,440 in May 2022.
Lake City, FL Market Trend for Condos / Townhouses / Penthouses
Average List Price
The average list price of condos/co-ops in Lake City, FL, was $0 in May 2023, compared to $0 in May 2022.
Lake City, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Lake City, FL, was $400,388 in May 2023, compared to $248,860 in May 2022.
Lake City, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Lake City, FL, was $573,267 in May 2023, compared to $226,300 in May 2022.
Lake City, FL Housing Market Analysis
The average list price in Lake City, FL is $414,536. The average list price in Lake City, FL went down 42.58% from 2022 to 2023. Lake City, FL home resale inventories is 47, which increased 840.00% since 2022. The average list price per square foot in Lake City, FL is $196. 2022 it was $115.