How much is a home in 32055 worth?

The typical home value in 32055 is $222,850, down 0.1% over the past year. The median list price is $344,500.

How long do homes take to sell in 32055?

Homes in 32055 spend a median of 86 days on the market, as of 2026-08-01. That is a slower pace, which gives buyers more room to negotiate.

Are sellers cutting prices in 32055?

Yes. About 15.6% of the 54 active listings in 32055 have taken a price cut as of 2026-08-01.

Market Intelligence · FL / Lake City

Lake City, FL 32055 Housing Market

The typical home value in Lake City, FL 32055 is $222,850, down 0.1% over the past year. Homes here are listed at a median price of $344,500 and spend a median of 86 days on the market.

Updated August 2026Median value$225K

The median home value in Lake City, FL 32055 is $225K as of August 2026, down 0.2% 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 32055 range

$207K to $243K

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

-0.2% over 12 months

Aug 2025$225K

Low $220KHigh $225K

Aug 2026$225K

The numbers

What is the 32055 housing market like?

As of August 2026

Typical home value

$225K

0.2%YoY

Median list price

$345K

1.5%MoM

Days on market

4.4%MoM

Homes for sale

11.5%MoM

Price cuts

15.6%

40.1%MoM

New listings

20.0%MoM

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

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The comparison

How do 32055 home prices compare?

32055$224,952
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

Values in 32055 have been nearly flat, with the typical home value at $222,850, down just 0.1% over the past year. As of 2026-08-01, there are 54 homes for sale, with 12 new listings entering the market. The median list price of $344,500 sits well above the typical value, and homes take a median of 86 days to sell, so buyers have time to compare options. About 15.6% of listings have taken a price cut, which points to some sellers testing prices that the market is not meeting. If you are thinking about selling, pricing close to what similar homes actually sell for will matter more than holding out for a higher number.

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