Lake City Housing Information - Census

IndexLake CityTennesseeNational
Median home price$70,300$139,900$175,700
Median rent asked$413$757$920
Avg. people per household2.32.52.6
Owner occupied households49.2%67.1%64.4%
Renter occupied households50.8%32.9%35.6%

Lake City Housing Information - Zillow

IndexLake CityTennesseeNational
Zillow home value index$83,200$135,200$188,100
Year over year appreciation rate11.08%5.79%5.14%
5 year average appreciation rate2.73%2.88%4.12%
10 year average appreciation rate1.14%1.51%-0.33%

Did you know?

  • The median home price in Lake City is 60% lower than the national average.
  • The median rent asked in Lake City is 55% lower than the national average.
  • The average number of people per household in Lake City is 12% lower than the national average.
  • The number of owner occupied households in Lake City is 24% lower than the national average.
  • The number of renter occupied households in Lake City is 43% higher than the national average.

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Compare Lake City, TN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
La Follette, TN7,304$75,60057%
Fincastle, TN1,343$79,80055%
Oliver Springs, TN3,063$97,90044%
Caryville, TN2,632$102,10042%
Jacksboro, TN1,917$133,70024%
Lake City, TN1,773$70,30060%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Des Allemands, LA1,773$104,90040%
Hamlin, TX1,773$41,40076%
Benld, IL1,773$65,90062%
Big Lake, WA1,773$470,600168%
Ten Mile Run, NJ1,774$608,300246%
Lake City, TN1,773$70,30060%
Source: The Lake City, TN housing data displayed above is derived from the United States Census Bureau and Zillow data.