In July 2026, the median home sale price in Lake City, FL was $275,000, with homes selling in an average of 97 days — slower than the 75-day average last year, suggesting buyers have more negotiating room. A total of 132 homes sold in this period, up from 109 last year — a sign of an active market.
The median list price of Lake City, FL, was $362,500 in July 2026, compared to $272,400 in July 2025.
Lake City, FL Market Trend for Houses
Median List Price
The median list price of houses in Lake City, FL, was $423,000 in July 2026, compared to $359,950 in July 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 July 2026, compared to $0 in July 2025.
Lake City, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Lake City, FL, was $200,000 in July 2026, compared to $88,750 in July 2025.
Lake City, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Lake City, FL, was $810,000 in July 2026, compared to $1,120,000 in July 2025.
Lake City, FL Housing Market Analysis
There are currently 86 homes listed for sale in Lake City, FL, an increase of 65.38% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $516,469 (up 59.89% year-over-year), and the average price per square foot is $183 compared to $162 in 2025. Properties spend an average of 165 days on the market before going under contract.
