Lake City Real Estate Market
The median sale price for homes in Lake City over the last 12 months is $51,905.
The median mortgage debt is $58,941.
The price per square foot for listings in this area is $51.
The median sale price in December for single family homes is $38,500. The sale prices dropped by -13.86% from the previous month.
The price per square foot for sales in this area is $30.
The number of active listings in Lake City dropped by 25% from the previous month.
The median number of days active properties have been listed is 103.
The number of sales in December dropped by 50% from the previous month.
This chart shows home occupancy within an area.
A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.
High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.