43Alpha

Lake City, FL metro area Housing Market Brief

metro · FL · as of August 2026

Balanced

What is Lake City, FL metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+1.327
Inventory Health25%
+7.154
Affordability20%
-2.430
Economic Strength20%
53
Rental Yield15%
+17.152

Where is Lake City, FL metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Lake City, FL metro area is classified as Emerging early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.

Lake City, FL metro area housing market data

MetricValueYoY
Median Sale Price$299K-9.4%
Median Days on Market86 days▲ +8.9%
Months of Supply4.8-17.2%
Homes for Sale262▲ +6.1%
Homes Sold56▲ +27.3%
Median Price / Sq Ft$191▲ +1.1%

How has Lake City, FL metro area’s Alpha Score moved?

Now: 43
12-period trend
Median sale price · 12 mo

Markets like Lake City, FL metro area

Frequently asked questions

Is Lake City, FL metro area a buyer's or seller's market?

As of August 2026, Lake City, FL metro area is classified as a Balanced Market, based on its Alpha Score of 43 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Lake City, FL metro area?

The median sale price in Lake City, FL metro area is $299K, having fallen 9.4% over the past year.

How affordable is Lake City, FL metro area?

Lake City, FL metro area scores 30 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Lake City, FL metro area's Alpha Score?

Lake City, FL metro area's strongest dimension is Inventory Health (54/100) and its weakest is Price Momentum (27/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Lake City, FL metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.