Market Intelligence · FL / Lake City

Lake City, FL 32024 Housing Market

The typical home value in Lake City, FL 32024 is $324,385, up 0.4% over the past year. Sellers are listing at a median of $416,650, and homes are taking a median of 78 days to go under contract.

Updated August 2026Median value$324K

The median home value in Lake City, FL 32024 is $324K as of August 2026, up 0.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 32024 range

$298K to $349K

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

+0.7% over 12 months

Typical home value in 32024 over the last 12 months: $321K in Aug 2025 to $324K in Aug 2026 (+0.7%).

Aug 2025$321K

Aug 2026$324K

The numbers

What is the 32024 housing market like?

Typical home value

$324K

Up0.7%YoY

Median list price

$417K

Down0.3%MoM

Days on market

78

Up9.9%MoM

Homes for sale

68

Down2.9%MoM

Price cuts

23.1%

Up86.7%MoM

New listings

20

Down23.1%MoM

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

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The comparison

How do 32024 home prices compare?

  • 32024$323,558
  • Lake City$233,961
  • Florida$345,153
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lake City: 3 ZIPs; Florida: 923 ZIPs; United States: 26,265 ZIPs).

Context

There are 68 homes for sale in 32024 as of 2026-08-01, with 20 new listings coming to market. The median list price is $416,650, which sits well above the typical home value of $324,385. Homes are spending a median of 78 days on the market, so buyers have time to be selective. About 23.1% of listings have taken a price cut, a sign that some sellers are adjusting expectations. For a seller, the data points to a slow-moving market where realistic pricing matters more than optimism.

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