Lake City, GA Foreclosures
How much do homes sell for in Lake City, GA?
The average home price is currently $209,056.
In Lake City, GA, how many homes are available?
There are currently 2 active home listings available in Lake City.
What’s the average rental cost in Lake City, GA?
The average rental price in Lake City is $982.
What is the most expensive home in Lake City?
The most expensive home sold in Lake City had a price of $2,379,325.
What is currently the cheapest priced home in Lake City, GA?
The cheapest home for sale in Lake City is priced at $12,865.
Living in Lake City, GA
Lake City, GA offers a peaceful and friendly environment just outside of Atlanta. This small town features family-oriented amenities, beautiful parks, and a strong sense of community. Its proximity to Atlanta makes it perfect for those seeking a suburban refuge while still remaining connected to urban life.
Current Market Conditions in Lake City, GA
The real estate market in Lake City is currently characterized by relatively low inventory, which has created a competitive atmosphere for home buyers. Recently, there has been a steady increase in home prices, reflecting demand that outstrips available housing. Potential sellers are encouraged by these trends to list their homes, while buyers must act quickly when properties become available.
Local market data suggests that home sales have been strong, with considerable interest in single-family homes due to their affordability compared to nearby counties. There is a notable trend of young families and first-time buyers moving into the area, attracted by the quality of life and good schools.
Home Value Estimator For Lake City, GA
There are currently 652 real estate properties
in Lake City, GA,
with a median automated valuation model (AVM) price
of $198,691.00. 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, GA, 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, GA,
is $209,056.00, with the most expensive house
in Lake City, GA, topping out
at $2,379,325.00 and the cheapest home
in Lake City, GA,
clocking in at $12,865.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lake City, GA!
Rent Prices
In Lake City, GA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lake City, GA, is on
a rollercoaster ride. The
average rent price in Lake City, GA,
is $982.00. Indeed, when looking to rent in
Lake City, GA, you can expect to pay as little
as $600.00 or as much
as $1,690.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Lake City, GA
-- 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.
Learn more on Foreclosure homes
