Housing Prices in Lake City, GA

How much do homes in Lake City, GA cost?

Median List Price

$242,000

$174/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

+$32,100(+15.3%)

Key Takeaway

The list price of homes in Lake City has increased by 15.3% since last year.

Summary: The median home list price in Lake City was $242,000 in February 2024, up 15.3% from the previous year, and the median price per square foot was $174.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $130K$204.4K
+57.3%
3 $209.9K$234.9K
+11.9%
4 $261.7K$243.5K
-7.0%
5+ $315.9K$325K
+2.9%

Summary: Lake City housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 57.3%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 2.9%.

Median List Price Compared To Nearby Cities

Lake City
+15.3%
Forest Park
+9.7%
Forest Park-Morrow
+3.8%

Housing Supply in Lake City, GA

How many homes are available in Lake City, GA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
660.0%

Summary: The Lake City real estate market had 6 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 10
-100.0%
4 55
0.0%
5+ 00
0.0%

Summary: The Lake City housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Lake City, GA

How long does it take to sell a home in Lake City, GA?

Average Listing Age

Feb 2023Feb 2024CHANGE
149 Days61 Days-58.8%

Summary: Homes in Lake City had an average listing age of 61 days in Feb 2024, down by 58.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Lake City, GA

Nearby Markets to Lake City, GA

What housing markets are near Lake City, GA?