Lake City, FL metro area Housing Market Brief
metro · FL · score computed October 2026
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.
Population band 3 of 5 (population 58,778–112,360) · comparable within its band
Where is Lake City, FL metro area in its market cycle?
Lake City, FL metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Lake City, FL metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Lake City, FL metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $227K | ▼ -27.4% | Redfin |
| Median Days on Market | 86 days | ▼ -1.1% | Realtor.com via FRED |
| Months of Supply | 6.2 | ▼ -3.1% | Redfin |
| Homes for Sale | 262 | ▲ +8.3% | Redfin |
| Homes Sold | 42 | ▲ +10.5% | Redfin |
| Median Price / Sq Ft | $168 | ▼ -0.3% | Redfin |
How has Lake City, FL metro area’s Alpha Score moved?
Markets like Lake City, FL metro area
- Fort Polk South, LA metro area, LAmetro
- Wilson, NC metro area, NCmetro55
- Glasgow, KY metro area, KYmetro47
- Waco, TX metro area, TXmetro49
- Manhattan, KS metro area, KSmetro42
- Eagle Pass, TX metro area, TXmetro52
- Hot Springs, AR metro area, ARmetro47
- Henderson, NC metro area, NCmetro54
- Yuma, AZ metro area, AZmetro51
- Opelousas, LA metro area, LAmetro46
Frequently asked questions
Is Lake City, FL metro area a buyer's or seller's market?
In the scores computed October 2026, Lake City, FL metro area is classified as a Balanced Market, based on its Alpha Score of 49 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Lake City, FL metro area?
The median sale price in Lake City, FL metro area is $227K, having fallen 27.4% over the past year, according to Redfin.
How affordable is Lake City, FL metro area?
Lake City, FL metro area scores 47 out of 100 on affordability — moderately affordable 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 Rental Yield (64/100) and its weakest is Economic Strength (27/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
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.