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Single-family Foreclosures in Lake City, CO

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Lake City, CO Foreclosures

How much do homes sell for in Lake City, CO?
The average home price is currently $579,290.
What’s the average rental cost in Lake City, CO?
The average rental price in Lake City is $1,315.
What is the most expensive home in Lake City?
The most expensive home sold in Lake City had a price of $6,328,829.
What is currently the cheapest priced home in Lake City, CO?
The cheapest home for sale in Lake City is priced at $30,364.

Living in Lake City, CO

Lake City, Colorado, is a serene mountain town that offers a unique blend of historic charm and outdoor adventure. With breathtaking scenery and a strong sense of community, it attracts those looking to escape the hustle and bustle of city life. Enjoy a variety of recreational activities year-round, making it an ideal location for both residents and visitors alike.

Current Market Conditions in Lake City, CO

The current real estate market in Lake City reflects a growing interest from both buyers and investors, driven primarily by the area's natural beauty and outdoor activities. The limited housing inventory combined with high demand has led to a steady increase in property values, making it an attractive location for those seeking vacation homes or permanent residences.

As more people seek refuge in the mountains, Lake City continues to see an influx of new residents. This trend is contributing to the revitalization of the local economy and an increase in local job opportunities.

Short-term rentals are becoming more popular as tourism rises, leading to potential investment opportunities for those looking to capitalize on the area's appeal.

Home Value Estimator For Lake City, CO

There are currently 129 real estate properties in Lake City, CO, with a median automated valuation model (AVM) price of $442,084.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake City, CO, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake City, CO, is $579,290.00, with the most expensive house in Lake City, CO, topping out at $6,328,829.00 and the cheapest home in Lake City, CO, clocking in at $30,364.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake City, CO!

Rent Prices In Lake City, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake City, CO, is on a rollercoaster ride. The average rent price in Lake City, CO, is $1,315.00. Indeed, when looking to rent in Lake City, CO, you can expect to pay as little as $710.00 or as much as $2,060.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Lake City, CO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lake City, CO Single-family Homes


Market Trend for Lake City, CO

Total Listings Available: 0

Market Values:

Home Prices from $30,364 to $6,328,829

Average Sales Price: $579,290

Rental Values:

Rental from $710 to $2,060

Average Rent Value: $1,315 / month

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