Lake City Metro Area, FL Housing

The housing market in the Lake City, FL Metro Area is thriving. The median value of houses in this area is currently $246,700 - well below the national average of $338,100. Additionally, the appreciation of house values within a one year period has been quite impressive with an increase of 23.37%, far exceeding the US average of 8.27%. This shows that now is a great time to invest in property in this area as the potential for long term growth looks promising.

The median home cost in Lake City Metro Area is $246,700. Home appreciation the last 10 years has been 146.1%. Home Appreciation in Lake City Metro Area is up 26.2%.

Average Age of Homes

- The median age of Lake City Metro Area real estate is 26 years old

The Rental Market in Lake City Metro Area

- Renters make up 23.6% of the Lake City Metro Area population
- 1.6% of houses and apartments in Lake City Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake City, Florida	United States
	29,631.0	139,647,020.0
	29	42
	$246,700	$338,100
	26.2%	16.6%
	84.3%	57.0%
	146.1%	101.1%
	$8.59	$10.98
	$1,301	$2,690
	62.2%	57.4%
	13.2%	11.2%
	24.6%	31.4%
Vacant Housing
	1.6%	1.9%
	0.4%	0.4%
	0.7%	0.7%
	0.3%	0.4%
	3.0%	3.6%
	7.2%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	5.1%	2.4%
	5.4%	2.8%
	11.1%	3.9%
	7.3%	4.5%
	16.7%	11.3%
	20.9%	13.0%
	16.4%	20.1%
	7.3%	13.6%
	2.6%	8.3%
	2.7%	9.7%
	0.6%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	22.3%	13.6%
	22.3%	13.6%
	23.3%	13.6%
	15.0%	13.2%
	15.6%	14.8%
	23.3%	13.6%
	3.7%	10.0%
	2.5%	4.7%
	2.3%	12.2%

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