In September 2026, the median home sale price in Lake City, FL was $275,000, with homes selling in an average of 96 days — slower than the 79-day average last year, suggesting buyers have more negotiating room. A total of 130 homes sold in this period, up from 112 last year — a sign of an active market.
The median list price of Lake City, FL, was $397,000 in September 2026, compared to $338,140 in September 2025.
Lake City, FL Market Trend for Houses
Median List Price
The median list price of houses in Lake City, FL, was $412,150 in September 2026, compared to $344,000 in September 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 September 2026, compared to $0 in September 2025.
Lake City, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Lake City, FL, was $299,900 in September 2026, compared to $88,750 in September 2025.
Lake City, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Lake City, FL, was $775,000 in September 2026, compared to $870,000 in September 2025.
Lake City, FL Housing Market Analysis
There are currently 94 homes listed for sale in Lake City, FL, an increase of 80.77% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $503,209 (up 39.91% year-over-year), and the average price per square foot is $181 compared to $162 in 2025. Properties spend an average of 172 days on the market before going under contract.