Lake City, IA Home Values & Market Trends
Real estate market trends reflect that there have been 13 transactions over the past year in Lake City. The median value for residential home transactions that occurred over the previous year is $170,750. The number of current listings in Lake City is 12, and the percentage of properties for sale in the city is 12.00%. Lake City, IA currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 12 properties for sale.
Lake City, IA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 51449 | $ 170,750 $ 94/sqft |
Housing Market Summary for Lake City, IA
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $0 | $0 | - |
| Median Sold Price | $101.1K | $77,827 | -23.02% |
| Homes For Sale | 9 | 12 | 33.33% |
| Homes Sold | 3 | 5 | 66.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake City, IA
Browse Homes in Lake City, IA
Lake City home values range from $27,009 to $404,690. The median estimated value of a home in Lake City is $170,750. The median list price of a home is 0, and the total count of properties in the city is 18.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Lake City, IA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lake City, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake City, IA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lake City, IA. There is 1 zips within Lake City, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions51449 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Lake City, IA. Auction homes and other auction properties account for 5.56% of all properties in Lake City, IA. There is 1 zips within Lake City, IA; of that zips, the median estimated home value for homes going to auction ranges from $99,862 in 51449 to the lowest value of $99,862 in 51449.
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More Real Estate Resources for Lake City, IA
Guide for Lake City, IA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
