The housing in 32025 Lake City, FL is quite impressive. According to the given context, the median value of homes in this area is $203,700 which is significantly lower than the national median value of $338,100. Despite this discrepancy in home prices, the one year house appreciation rate in 32025 Lake City, FL is 18.62%, compared to 8.27% nationally. This indicates that real estate values are steadily increasing in this area, making it a great place to invest in a new home or upgrade an existing property.
The median home cost in Lake City (zip 32025) is $203,700. Home appreciation the last 10 years has been 146.1%. Home Appreciation in Lake City (zip 32025) is up 26.2%.
Average Age of Homes
- The median age of Lake City (zip 32025) real estate is 29 years old
The Rental Market in Lake City (zip 32025)
- Renters make up 34.4% of the Lake City (zip 32025) population
- 3.1% of houses and apartments in Lake City (zip 32025), 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.