16423 Home Values & Market Trends

There are 33 homes currently listed for 16423. 16423 real estate market trends show that home prices range from $79,900 to $240,000, and the median sales price in the 16423 zip code is $227,662. The total number of properties sold within the past twelve months is 39. In 16423, 2 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

Housing Market Summary for 16423

Sep 2025September 2026Change
Median Listing Price$160K$159.9K-0.03%
Median Sold Price$208.6K$205K-1.73%
Homes For Sale3232-
Homes Sold1514-6.67%
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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%.

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Browse Homes in 16423

The median list price of a home in Lake City, is $227,662. A total of 33 properties are for sale, and the percentage of properties for sale in the zip code is 33.00%. The total count of 16423 properties is 51.

Foreclosure
There is 1 cities within 16423; within this cities, the median estimated home value for homes in foreclosure ranges from $161,849 in lake city to the lowest value of $145,679 in lake city. Foreclosure homes account for 3.00% of properties in 16423 with lake city containing 2 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 16423 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 16423; of that cities, 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 Owned
    The median estimated home value of bank owned homes (REO properties) in 16423 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 16423. There is 1 cities within 16423; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    lake city has 2 auction properties, the highest number of properties going to auction in a single city in the state of 16423. Auction homes and other auction properties account for 3.92% of all properties in 16423. There is 1 cities within 16423; of that cities, the median estimated home value for homes going to auction ranges from $161,849 in lake city to the lowest value of $145,679 in lake city.
Homes for Sale
Homes and properties that are actively listed for sale account for 64.71% of residential properties in 16423 with lake city containing 33 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 16423; homes for sale in that cities, have a range of median values from $348,522 in lake city to the lowest value of $87,957 in lake city.
    Sold Homes
    The median value for recently sold homes ranges from $329,743 in lake city to the lowest price of $119,250 in lake city. There is 1 cities within 16423. lake city has 14 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 27.45% of properties in 16423.

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      Guide for 16423

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.