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Foreclosure Homes in Lake City, FL

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Lake City, FL Foreclosures

How much do homes sell for in Lake City, FL?
The average home price is currently $242,574.
In Lake City, FL, how many homes are available?
There are currently 2,096 active home listings available in Lake City.
What’s the average rental cost in Lake City, FL?
The average rental price in Lake City is $1,135.
What is the most expensive home in Lake City?
The most expensive home sold in Lake City had a price of $25,780,326.
What is currently the cheapest priced home in Lake City, FL?
The cheapest home for sale in Lake City is priced at $10,153.

Living in Lake City, FL

Lake City, FL is a quaint and friendly town with a perfect blend of suburban and rural lifestyles. The area offers a variety of outdoor activities, quality educational institutions, and a strong sense of community. With its charming parks and tranquil atmosphere, Lake City is an appealing choice for anyone looking to settle down in North Florida.

Current Market Conditions in Lake City, FL

The real estate market in Lake City is relatively stable, with home prices showing a slight upward trend as demand continues to rise. The community's appeal to families, retirees, and outdoor enthusiasts contributes to the consistent housing demand, leading to a balanced inventory of listings.

Investors are increasingly seeing potential in Lake City due to its affordability compared to surrounding regions, and local property values are expected to increase as more people discover the area.

Home Value Estimator For Lake City, FL

There are currently 19,405 real estate properties in Lake City, FL, with a median automated valuation model (AVM) price of $201,944.00. 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, FL, 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, FL, is $242,574.00, with the most expensive house in Lake City, FL, topping out at $25,780,326.00 and the cheapest home in Lake City, FL, clocking in at $10,153.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake City, FL!

Rent Prices In Lake City, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake City, FL, is on a rollercoaster ride. The average rent price in Lake City, FL, is $1,135.00. Indeed, when looking to rent in Lake City, FL, you can expect to pay as little as $490.00 or as much as $2,810.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Lake City, FL -- 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, FL Foreclosures


Market Trend for Lake City, FL

Total Listings Available: 2,096

Market Values:

Home Prices from $10,153 to $25,780,326

Average Sales Price: $242,574

Rental Values:

Rental from $490 to $2,810

Average Rent Value: $1,135 / month

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