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Foreclosure Homes in Lake City, IA

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Lake City, IA Foreclosures

How much do homes sell for in Lake City, IA?
The average home price is currently $188,054.
In Lake City, IA, how many homes are available?
There are currently 29 active home listings available in Lake City.
What’s the average rental cost in Lake City, IA?
The average rental price in Lake City is $1,015.
What is the most expensive home in Lake City?
The most expensive home sold in Lake City had a price of $2,108,122.
What is currently the cheapest priced home in Lake City, IA?
The cheapest home for sale in Lake City is priced at $13,240.

Living in Lake City, IA

Lake City, Iowa is a charming small town known for its community spirit and beautiful natural surroundings. With local parks and recreational activities, it's an ideal place for families and outdoor enthusiasts. The area offers a peaceful, rural lifestyle while still being within commuting distance to larger cities.

Current Market Conditions in Lake City, IA

The real estate market in Lake City is currently experiencing a steady growth trend, with a stable demand for homes. This is due to the town's appeal to families seeking a quiet lifestyle as well as retirees looking to settle in a peaceful environment.

Home prices have shown a slight increase over the past few months, indicating a favorable market. The inventory remains relatively low, which is driving competition among buyers.

Home Value Estimator For Lake City, IA

There are currently 992 real estate properties in Lake City, IA, with a median automated valuation model (AVM) price of $144,925.00. 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, IA, 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, IA, is $188,054.00, with the most expensive house in Lake City, IA, topping out at $2,108,122.00 and the cheapest home in Lake City, IA, clocking in at $13,240.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake City, IA!

Rent Prices In Lake City, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake City, IA, is on a rollercoaster ride. The average rent price in Lake City, IA, is $1,015.00. Indeed, when looking to rent in Lake City, IA, you can expect to pay as little as $600.00 or as much as $1,800.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Lake City, IA -- 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, IA Foreclosures

Market Trend for Lake City, IA

Total Listings Available: 29

Market Values:

Home Prices from $13,240 to $2,108,122

Average Sales Price: $188,054

Rental Values:

Rental from $600 to $1,800

Average Rent Value: $1,015 / month

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