Lake City Real Estate Market

Lake City 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.

Additional Statistics for Single Family Homes and Condos in Lake City, TN
$104,950
Median Listing Price
87
Median Days on Market
30
Active Listings
13.3%
Distressed Listings
(foreclosures and short sales)
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.

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Lake City, TN Market Inventory Trends

The number of active listings in Lake City increased by 7.1% from the previous month.

The median number of days active properties have been listed is 87.

The number of sales increased by 200% from the previous month.

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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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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.