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Lake City, FL Real Estate & Property Data

Lake City Real Estate Market Trends

Last Updated: April 29, 2024

To gain insights into Lake City, FL’s real estate market, it is crucial to have accurate and comprehensive real estate data. ATTOM updates Lake City real estate data on a daily basis, providing you with the most current information. As per the latest market trends, 899 residential properties have been sold in Lake City, FL over the past year, with a median home price of $263,000. Additionally, 34.59% of homes in Lake City are equity rich, while 0.4% of homes are seriously underwater. There have been 3 foreclosure filings in the area year-to-date. To obtain detailed information on properties in Lake City, Florida, you can rely on ATTOM, your go-to source for Lake City property reports and real estate data.

Lake City Real Estate Market Trends

Get property data for any address in Lake City, FL or the country:

Total Residential Properties 19,369

Total Commercial Properties 1,363

Avg. Home Age (Single Family Home) 43 Years

Avg. Square Feet (Single Family Home) 1,736

Total 2024 Residential Sales (year-to-date) 117

% of Homes Seriously Underwater (Q2 2024) 0.4%

Total 2023 Residential Sales 837

% of Equity Rich Homes (Q2 2024) 34.59%

Effective 2023 Property Tax 0.77%

Total Foreclosure Filings (year-to-date) 7

Lake City, FL Real Estate Overview

Lake City, FL saw 899 residential properties being sold in the past year, with a median home value of $249,629. The city of Lake City has a total of 19,369 residential properties, spread across 2177 streets and 3 zip codes.

Median Sales Price i

$263,000

(Feb 2024)

+3.2%

year-over-year

y-o-y

February '24 Feb '24 $263,000
January '24 Jan '24 $220,000
December '23 Dec '23 $295,500
November '23 Nov '23 $243,000
October '23 Oct '23 $260,000
September '23 Sep '23 $285,000
August '23 Aug '23 $255,000
July '23 Jul '23 $265,000
June '23 Jun '23 $285,000
May '23 May '23 $239,000
April '23 Apr '23 $249,900
March '23 Mar '23 $225,000

Median Down Payment i

$26,125

(Feb 2024)

-17.7%

year-over-year

y-o-y

February '24 Feb '24 $26,125
January '24 Jan '24 $20,000
December '23 Dec '23 $35,250
November '23 Nov '23 $35,000
October '23 Oct '23 $20,000
September '23 Sep '23 $51,480
August '23 Aug '23 $8,498
July '23 Jul '23 $12,497
June '23 Jun '23 $25,000
May '23 May '23 $58,500
April '23 Apr '23 $16,000
March '23 Mar '23 $10,013

Number of Homes Sold i

59

(Feb 2024)

-6.3%

year-over-year

y-o-y

February '24 Feb '24 59
January '24 Jan '24 58
December '23 Dec '23 57
November '23 Nov '23 59
October '23 Oct '23 72
September '23 Sep '23 64
August '23 Aug '23 84
July '23 Jul '23 67
June '23 Jun '23 78
May '23 May '23 85
April '23 Apr '23 62
March '23 Mar '23 91

Number of Purchase Loans i

28

(Feb 2024)

+7.7%

year-over-year

y-o-y

February '24 Feb '24 28
January '24 Jan '24 27
December '23 Dec '23 35
November '23 Nov '23 25
October '23 Oct '23 31
September '23 Sep '23 30
August '23 Aug '23 32
July '23 Jul '23 35
June '23 Jun '23 37
May '23 May '23 38
April '23 Apr '23 25
March '23 Mar '23 40

Number of REFI Loans i

30

(Feb 2024)

+57.9%

year-over-year

y-o-y

February '24 Feb '24 30
January '24 Jan '24 12
December '23 Dec '23 20
November '23 Nov '23 17
October '23 Oct '23 21
September '23 Sep '23 26
August '23 Aug '23 28
July '23 Jul '23 23
June '23 Jun '23 24
May '23 May '23 19
April '23 Apr '23 18
March '23 Mar '23 22

Number of HELOC Loans i

3

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 8
December '23 Dec '23 10
November '23 Nov '23 5
October '23 Oct '23 12
September '23 Sep '23 12
August '23 Aug '23 9
July '23 Jul '23 10
June '23 Jun '23 13
May '23 May '23 5
April '23 Apr '23 6
March '23 Mar '23 6

Lake City, FL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value
Zip
Median Est. Value

32024
$308,583 $165.76/sqft
32025
$223,438 $135.37/sqft
32055
$249,629 $143.81/sqft

Lake City, FL Foreclosure Activity

There were a total of 3 Lake City, FL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

-57.1%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 4
December '23 Dec '23 7
November '23 Nov '23 2
October '23 Oct '23 2
September '23 Sep '23 7
August '23 Aug '23 10
July '23 Jul '23 4
June '23 Jun '23 8
May '23 May '23 15
April '23 Apr '23 8
March '23 Mar '23 4

Foreclosure Starts i

2

(Feb 2024)

-71.4%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 2
December '23 Dec '23 7
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 6
August '23 Aug '23 8
July '23 Jul '23 3
June '23 Jun '23 7
May '23 May '23 13
April '23 Apr '23 5
March '23 Mar '23 3

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 N/A

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