Zip 32024 (Lake City, FL) Housing

The housing market in 32024 Lake City, FL is thriving with a median value of $285,200. This is significantly lower than the US House's median value of $338,100, but that doesn't mean it's an underperforming market. In fact, the 1 year house appreciation rate in Lake City is 18.62%, much higher than the US's 8.27%. This demonstrates that there is plenty of opportunity for investment and growth in this area, making it a great place to buy a home or invest in real estate.

The median home cost in Lake City (zip 32024) is $285,200. Home appreciation the last 10 years has been 146.1%. Home Appreciation in Lake City (zip 32024) is up 26.2%.

Average Age of Homes

- The median age of Lake City (zip 32024) real estate is 23 years old

The Rental Market in Lake City (zip 32024)

- Renters make up 16.6% of the Lake City (zip 32024) population
- 1.4% of houses and apartments in Lake City (zip 32024), 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
	7,963.0	139,647,020.0
	26	42
	$285,200	$338,100
	26.2%	16.6%
	84.3%	57.0%
	146.1%	101.1%
	$8.79	$10.98
	$1,398	$2,690
	76.2%	57.4%
	9.3%	11.2%
	14.5%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	1.0%	3.6%
	6.0%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	4.8%	2.4%
	3.6%	2.8%
	6.8%	3.9%
	6.3%	4.5%
	22.2%	11.3%
	18.7%	13.0%
	20.7%	20.1%
	8.8%	13.6%
	2.8%	8.3%
	2.5%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	23.0%	13.6%
	23.0%	13.6%
	29.8%	13.6%
	13.7%	13.2%
	15.6%	14.8%
	29.8%	13.6%
	1.2%	10.0%
	0.3%	4.7%
	0.7%	12.2%

Reviews for Lake City

See all (0)

Write a Review

Start Your Review of Lake City

Commute

The premier source for comprehensive city data for over 30 years.