Lake City, FL, Real Estate
Lake City, Florida, often called the "Gateway to Florida" due to its location at the crossroads of I-75 and I-10, is a charming small city in Columbia County with a rich history and natural beauty. Founded in 1830 as Alligator Town, it was renamed in 1859 for its abundance of pristine lakes, including Lake DeSoto, which anchors the historic downtown. The city boasts a blend of Southern hospitality, historic architecture, and outdoor attractions like the nearby Osceola National Forest and Ichetucknee Springs, a favorite for tubing and kayaking. With a population of about 12,000, Lake City offers a tight-knit community feel, vibrant festivals like the Alligator Fest, and a growing economy, making it a hidden gem for visitors and residents alike.
Lake City currently has 62 single family homes for sale with an average list price of $474,082.40 and 28 lots for sale with an average list price of $432,026.75. The average annual property tax for Lake City is $2,130.38.
Schools
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Lake City, i.e. what's hot and what's not.
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Recent Sales
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Subdivisions
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Forest Cove is a single-family home community in Lake City, Florida, built between 2024 and 2025 by Maronda Homes. It currently has 3 single family homes for sale with an average list price of $428,233.33. The homes range in size from 1,602 ft2 to 3,130 ft2. The HOA fees range from $25 to $250 per month. The average annual property tax for Forest Cove is $715.00. It is located in Columbia County. This sought-after real estate enclave features expansive one-acre homesites that provide ample privacy and room for personalization. Homebuyers appreciate the open-concept floor plans, soaring 10-foot ceilings on the first floor, luxurious master suites, modern interior finishes, and energy-efficient construction that cater to contemporary lifestyles. Key amenities include cul-de-sac streets for enhanced safety and a close-knit neighborhood feel, proximity to natural wonders like Osceola National Forest and nearby springs for outdoor adventures, and convenient access to everyday essentials such as Walmart, Publix, Home Depot, and the Lake City Mall—all within a short 13-minute drive. With easy connectivity via I-10 and I-75 to Gainesville and Jacksonville, plus nearby institutions like Florida Gateway College, Forest Cove appeals to families, professionals, and retirees seeking affordable, high-value real estate without sacrificing convenience or tranquility.
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Median Price: $400,000 |
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Forest Plantation is a single-family home community in Lake City, Florida, built between 1997 and 2023 by Adams Homes. It currently has 1 single family home for sale with a list price of $430,000. The homes range in size from 1,802 ft2 to 2,557 ft2. The HOA fees range from $9 to $12 per month. The average annual property tax for Forest Plantation is $1,632.08. It is located in Columbia County.
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Median Price: $322,000 |
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Hawks Ridge Acres is a subdivision in Lake City, Florida. It currently has 1 lot for sale with a list price of $72,000. It is located in Columbia County.
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Magnolia Hills is a single-family home community in Lake City, Florida, built in 2007. It currently has no homes for sale. The homes have an average size of 1,578 ft2. The average annual property tax for Magnolia Hills is $2,574. It is located in Columbia County.
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Subdivisions
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Market Trends
Lake City home sales for the month of September decreased in volume by 25% when compared to last year, while the median sale price decreased by 11% from $292,000 to $260,000. House sales decreased by 25%, while the median sale price decreased by 11% from $292,000 to $260,000.
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61
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72
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60
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$255,000
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$295,500
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$280,000
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$286,950
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Median Sale Price for Lake City
Number of Sales for Lake City
Market Trends
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Nearby Golf Courses
161 SW Quail Heights Ter, Lake City, FL 32025
Nearby Golf Courses
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Real Estate News
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Lake City had 3 new homes for sale during the week of Friday, October 10 to Thursday, October 16, including including 3 single family homes for sale with an average ...
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Lake City had only 1 sale during the week of Tuesday, October 7 to Monday, October 13, including and it was a single family home for sale with a list ...
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Lake City had only 1 new home for sale during the week of Friday, October 3 to Thursday, October 9, including and it was a single family home for sale ...
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Lake City had only 1 sale during the week of Tuesday, September 30 to Monday, October 6, including and it was a .
$179,000
148 Se Sharon Lane
Lake City, FL
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Lake City had only 1 new construction home during the week of Wednesday, September 24 to Tuesday, September 30, and it was a .
$179,900
288 NW Marble Way
Lake City, FL
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Real Estate News
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