In October 2026, the median home sale price in Lake City, FL was $277,500, with homes selling in an average of 99 days — slower than the 82-day average last year, suggesting buyers have more negotiating room. A total of 132 homes sold in this period, up from 118 last year — a sign of an active market.
The median list price of Lake City, FL, was $349,000 in October 2026, compared to $359,525 in October 2025.
Lake City, FL Market Trend for Houses
Median List Price
The median list price of houses in Lake City, FL, was $405,575 in October 2026, compared to $370,775 in October 2025.
Lake City, FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Lake City, FL, was $0 in October 2026, compared to $0 in October 2025.
Lake City, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Lake City, FL, was $95,000 in October 2026, compared to $95,000 in October 2025.
Lake City, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Lake City, FL, was $782,500 in October 2026, compared to $995,000 in October 2025.
Lake City, FL Housing Market Analysis
There are currently 96 homes listed for sale in Lake City, FL, an increase of 71.43% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $470,969 (up 28.86% year-over-year), and the average price per square foot is $171 compared to $181 in 2025. Properties spend an average of 178 days on the market before going under contract.
