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Market Intelligence · FL / Lake City

Lake City, FL 32024 Housing Market

The typical home value in Lake City, FL 32024 is $321,047, up 0.8% over the past year as of September 2026. Sellers are asking a median list price of $399,000, and homes are spending a median of 79 days on the market.

Updated September 2026Median value$321K

The median home value in Lake City, FL 32024 is $321K as of September 2026, up 0.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 32024 range

$295K to $347K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.8% over 12 months

Typical home value in 32024 over the last 12 months: $319K in Sep 2025 to $321K in Sep 2026 (+0.8%).

Sep 2025$319K

Sep 2026$321K

The numbers

What is the 32024 housing market like?

Typical home value

$321K

Up0.8%YoY

Median list price

$399K

Down4.2%MoM

Days on market

79

Up1.3%MoM

Homes for sale

80

Up17.6%MoM

Price cuts

31.3%

Up35.4%MoM

New listings

18

Down10.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

32024 housing market forecast 2027

-0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 32024 to stay roughly flat by September 2027 (down 0.1%).

Over the 12 months through September 2026, typical home values in 32024 rose 0.8%, per the Zillow Home Value Index.

Will home prices drop in 32024?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 32024 to stay roughly flat by September 2027 (down 0.1%), after a 0.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 32024 home prices compare?

  • 32024$321,047
  • Lake City$230,959
  • Florida$344,436
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Lake City: 3 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 80 homes for sale in 32024, with 18 new listings coming on the market. The typical home value sits at $321,047, up 0.8% over the past year, which points to a mostly flat market. The median list price of $399,000 runs well above that typical value, and homes are taking a median of 79 days to sell. Meanwhile, 31.3% of listings have had a price cut. For a seller, this is a market where pricing realistically from the start matters, because buyers have room to negotiate and overpriced homes are sitting.

Monthly payment

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Common questions

What people ask us.

How much is a home in 32024 worth?

The typical home value in Lake City, FL 32024 is $321,047 as of September 2026, up 0.8% over the past year.

How long does it take to sell a home in 32024?

Homes in 32024 spent a median of 79 days on the market as of September 2026.

Are home prices in 32024 going up?

Home values in 32024 rose 0.8% over the past year as of September 2026, and 31.3% of listings had a price cut.

Discover

Nearby ZIP markets.

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