Zip 37769 (Lake City, TN) Housing

The housing market in Lake City, TN (37769) is booming. The median home value in the area is an impressive $182,700 - significantly below the US House Median Value of $338,100. Not only that, but homes in the area have experienced a 20.45% appreciation rate over the last year - far more than the 8.27% average for the US as a whole. This makes 37769 Lake City an attractive option for potential buyers looking for relative affordability and strong returns on investment.

The median home cost in Lake City (zip 37769) is $182,700. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Lake City (zip 37769) is up 24.9%.

Average Age of Homes

- The median age of Lake City (zip 37769) real estate is 46 years old

The Rental Market in Lake City (zip 37769)

- Renters make up 23.3% of the Lake City (zip 37769) population
- 2.4% of houses and apartments in Lake City (zip 37769), 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, Tennessee	United States
	2,689.0	139,647,020.0
	42	42
	$182,700	$338,100
	24.9%	16.6%
	83.4%	57.0%
	106.1%	101.1%
	$7.65	$10.98
	$876	$2,690
	60.1%	57.4%
	16.2%	11.2%
	23.8%	31.4%
Vacant Housing
	2.4%	1.9%
	1.5%	0.4%
	1.0%	0.7%
	0.6%	0.4%
	2.2%	3.6%
	8.6%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	3.1%	2.4%
	8.0%	2.8%
	12.4%	3.9%
	4.4%	4.5%
	15.0%	11.3%
	20.7%	13.0%
	8.3%	20.1%
	12.6%	13.6%
	1.3%	8.3%
	11.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.3%	13.6%
	15.3%	13.6%
	12.1%	13.6%
	16.6%	13.2%
	15.2%	14.8%
	12.1%	13.6%
	6.9%	10.0%
	8.8%	4.7%
	11.1%	12.2%

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