Lake City, FL housing market
What's happening in the Lake City market right now.
Buyer's or seller's market?
Lake City, FL leans toward a buyer's market: homes in Columbia County take a median of 82 days to sell, and the number for sale is −9.8% on a year ago. Buyers have room to negotiate; sellers should price carefully.
12-month outlook
−2% to +2% for the typical Lake City home value over the next 12 months.
A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.
Sources: Zillow Home Value Index, August 2026 · Zillow Observed Rent Index, August 2026 · Realtor.com county data, August 2026. Listing figures are for Columbia County as a whole.
Lake City market — questions answered
What is the typical home value in Lake City, FL?
$264,618 as of August 2026, +0.4% on a year earlier (Zillow Home Value Index).
Are home prices going up in Lake City, FL?
Yes — the typical home value changed +0.4% over the year to August 2026 and +29.2% over five years.
Is Lake City, FL a buyer's or seller's market?
It leans toward buyers: the median home in Columbia County sells in 82 days (Realtor.com, August 2026).
How much is rent in Lake City, FL?
The typical rent is $1,494 a month as of August 2026, +4.7% on a year earlier (Zillow Observed Rent Index).
How many homes are for sale in Lake City, FL?
231 homes were listed for sale across Columbia County in August 2026 (Realtor.com).
Who are the best real estate agents in Lake City, FL?
Homegrity lists 352 licensed Lake City agents, each checked against the state license register. Placement is never bought. See them at /real-estate-agents/lake-city-fl.