Lake City Real Estate Market
The median sale price for homes in Lake City over the last 12 months is $64,755.
The median mortgage debt is $46,375.
Lake City, TN Price Trends - Sold vs. Listed
The median list price in May for single family homes in Lake City is $104,950.
The price per square foot for listings in this area is $95.
The median sale price in December for single family homes is $55,800. The sale prices dropped by -14.48% from the previous month.
Lake City, TN Property Ownership
The percent of owner occupied properties in Lake City is 14.25% below the national average.
The percent of rental properties in Lake City is 22% above the national average which is typical for urban areas.
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