Lake City, TN Real Estate Market Summary – September 8, 2026
In Lake City, TN, the overall market has seen a total of 3 homes sold in the last 30 days, with a pace of 1 every 10 days. The average living area for these homes is approximately 1,282 square feet, and the average sale price is around $243,667.
| Metric | 30 Days |
|---|---|
| Number Sold | 3 |
| Sold Per Day | 1 every 10.00 days |
| Average SQFT | 1282 |
| Median Sales Price | $250,000 |
| Average Sales Price | $243,667 |
| Average Price Per SQFT | $184 |
| Average Days on Market | 24 |
| Average Year Built | 1979 |
Lake City, TN Single Family Home Analysis
For single-family homes in Lake City, TN, there were 3 homes sold recently, with an average of 1,282 square feet of living space. The average sale price for these properties was about $243,667, and the homes typically spent about 24 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 3 |
| Sold Per Day | 1 every 10.00 days |
| Average SQFT | 1282 |
| Median Sales Price | $250,000 |
| Average Sales Price | $243,667 |
| Average Price Per SQFT | $184 |
| Average Days on Market | 24 |
| Average Year Built | 1979 |
Lake City, TN Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- 1 home listed approximately every 10 days.
- Average days on market for sold homes is around 24 days.
- Average sale price for homes is about $243,667.
- No condo or townhome sales were reported during this period.
Conclusion
Overall, the housing market in Lake City, TN, has shown a limited number of transactions, with an average sale price around $243,667. Buyers should stay attentive, as listings appear relatively infrequently.