Lake City, FL metro area Housing Market Brief
metro · as of May 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.
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.
Lake City, FL metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $290K | ▼ -17.6% |
| Median Days on Market | 43 days | ▼ -42.7% |
| Months of Supply | 22.9 | ▲ +288.1% |
| Homes for Sale | 252 | ▲ +5% |
| Homes Sold | 11 | ▼ -73.2% |
| Median Price / Sq Ft | $173 | ▼ -6.1% |
| Sale-to-List Ratio | 94.9% | ▼ -2.8% |
How has Lake City, FL metro area’s Alpha Score moved?
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Frequently asked questions
Is Lake City, FL metro area a buyer's or seller's market?
As of May 2026, Lake City, FL metro area is classified as a Buyer's Market, based on its Alpha Score of 39 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 $290K, having fallen 17.6% over the past year.
How affordable is Lake City, FL metro area?
Lake City, FL metro area scores 36 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 Economic Strength (50/100) and its weakest is Price Momentum (26/100). 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.