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City / Town Overview

Lake City, FL

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Lake City, FL real estate market currently shows 266 active listings, with 51 pending sales. Homes are averaging 86.5 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 86.5 days on market compared to 76.8 days last year.

The median listing price has fallen 5.5% year-over-year, from $340,676 to $321,948.

Whether you are buying or selling in Lake City, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 59,523  ·  Density: 60.7/mi²  ·  Median household income: $54,953

Typical home value: $161,353  ·  Homeownership: 68.7%

Included Areas

Lake City: 32024, 32025, 32055, 32056

Area Map

Market Overview

Active Listings
266
⇧ 9% vs 244 last year
Pending
51
19% pending ratio
Median Price
$321,948
⇩ 5.5% vs $340,676 last year
Average Price
$403,663
⇩ 0.9% vs $407,426 last year
Days on Market
86.5
⇧ 12.6% vs 77 days last year

Price Per Square Foot

Median $/sqft
$181
⇩ 1.3% vs $183/sqft last year
Median Home Size
1,763 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %