The housing market in Lake City, SC (29560) is doing exceptionally well compared to the national average. The median value of a house in Lake City is $107,300 which is significantly lower than the US median value of $338,100. In the past year, the house appreciation rate in Lake City has been 15.54%, more than double the US House appreciation rate of 8.27%. This makes Lake City an attractive option for those looking to invest in real estate and take advantage of the rising prices.
The median home cost in Lake City (zip 29560) is $107,300. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Lake City (zip 29560) is up 21.9%.
Average Age of Homes
- The median age of Lake City (zip 29560) real estate is 41 years old
The Rental Market in Lake City (zip 29560)
- Renters make up 31.2% of the Lake City (zip 29560) population
- 1.6% of houses and apartments in Lake City (zip 29560), 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.