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Foreclosure Homes in Lake City, SC

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Lake City, SC Foreclosures

How much do homes sell for in Lake City, SC?
The average home price is currently $176,679.
In Lake City, SC, how many homes are available?
There are currently 46 active home listings available in Lake City.
What’s the average rental cost in Lake City, SC?
The average rental price in Lake City is $953.
What is the most expensive home in Lake City?
The most expensive home sold in Lake City had a price of $7,504,365.
What is currently the cheapest priced home in Lake City, SC?
The cheapest home for sale in Lake City is priced at $7,792.

Living in Lake City, SC

Lake City, SC, is a picturesque small town with a vibrant community spirit. It's known for its rich history, local art culture, and numerous outdoor activities. Residents enjoy access to great schools, parks, and local festivals, creating a welcoming environment for families and individuals alike.

Current Market Conditions in Lake City, SC

Lake City's real estate market has shown resilience in the past year, with a steady increase in home values. The demand for family homes has grown due to the town's appealing lifestyle and affordability compared to larger urban areas. As more people look for a serene community to live in, Lake City has captured the attention of first-time homebuyers and retirees alike, leading to a competitive market environment.

The market is experiencing a shift with homes selling quickly, often above asking price, indicating a strong buyer interest. The availability of both traditional single-family homes and modern townhouses attracts a variety of buyers, creating diversity in the local housing market.

Home Value Estimator For Lake City, SC

There are currently 4,033 real estate properties in Lake City, SC, with a median automated valuation model (AVM) price of $121,501.00. 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, SC, 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, SC, is $176,679.00, with the most expensive house in Lake City, SC, topping out at $7,504,365.00 and the cheapest home in Lake City, SC, clocking in at $7,792.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake City, SC!

Rent Prices In Lake City, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake City, SC, is on a rollercoaster ride. The average rent price in Lake City, SC, is $953.00. Indeed, when looking to rent in Lake City, SC, you can expect to pay as little as $440.00 or as much as $2,020.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Lake City, SC -- 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, SC Foreclosures


Market Trend for Lake City, SC

Total Listings Available: 46

Market Values:

Home Prices from $7,792 to $7,504,365

Average Sales Price: $176,679

Rental Values:

Rental from $440 to $2,020

Average Rent Value: $953 / month

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