Lake City, CA Foreclosures
How much do homes sell for in Lake City, CA?
The average home price is currently $287,201.
In Lake City, CA, how many homes are available?
There are currently 1 active home listings available in Lake City.
What’s the average rental cost in Lake City, CA?
The average rental price in Lake City is $1,039.
What is the most expensive home in Lake City?
The most expensive home sold in Lake City had a price of $733,900.
What is currently the cheapest priced home in Lake City, CA?
The cheapest home for sale in Lake City is priced at $52,970.
Living in Lake City, CA
Lake City, California, is a serene and picturesque area nestled in the heart of the Sierra Nevada mountains. Known for its stunning natural landscapes and outdoor recreational opportunities, Lake City is an ideal destination for nature lovers and those seeking tranquility. The community is characterized by a close-knit atmosphere and easy access to a variety of amenities, including shops, restaurants, and recreational facilities.
Current Market Conditions in Lake City, CA
The real estate market in Lake City, CA, has shown steady growth over the past few years. The demand for homes has increased, driven by the area's appeal to buyers seeking second homes or vacation properties due to its beautiful scenery and outdoor amenities.
The market remains competitive, with properties receiving multiple offers and selling above listing prices in many cases. Investors are looking toward Lake City as a hotspot for potential growth, especially as remote work becomes more prevalent.
Home Value Estimator For Lake City, CA
There are currently 75 real estate properties
in Lake City, CA,
with a median automated valuation model (AVM) price
of $258,851.00. 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, CA, 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, CA,
is $287,201.00, with the most expensive house
in Lake City, CA, topping out
at $733,900.00 and the cheapest home
in Lake City, CA,
clocking in at $52,970.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lake City, CA!
Rent Prices
In Lake City, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lake City, CA, is on
a rollercoaster ride. The
average rent price in Lake City, CA,
is $1,039.00. Indeed, when looking to rent in
Lake City, CA, you can expect to pay as little
as $570.00 or as much
as $1,570.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Lake City, CA
-- 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.