Lake City Housing Information - Census

IndexLake CityTennesseeNational
Median home price$65,200$146,000$184,700
Median rent asked$397$782$949
Avg. people per household2.52.52.6
Owner occupied households42.5%66.3%63.6%
Renter occupied households57.5%33.7%36.4%

Lake City Housing Information - Zillow

IndexLake CityTennesseeNational
Zillow home value index$89,965$155,999$213,146
Year over year appreciation rate12.30%8.92%8.00%
5 year average appreciation rate3.43%6.86%6.57%
10 year average appreciation rate0.42%2.41%1.33%

Did you know?

  • The median home price in Lake City is 65% lower than the national average.
  • The median rent asked in Lake City is 58% lower than the national average.
  • The average number of people per household in Lake City is 5% lower than the national average.
  • The number of owner occupied households in Lake City is 33% lower than the national average.
  • The number of renter occupied households in Lake City is 58% 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, TN7,131$64,20065%
Fincastle, TN1,381$79,70057%
Oliver Springs, TN4,110$109,10041%
Caryville, TN2,474$109,90040%
Jacksboro, TN2,025$143,30022%
Lake City, TN1,848$65,20065%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Livonia, LA1,849$141,10024%
Adams Center, NY1,847$109,80041%
Lakeland, MN1,847$225,50022%
Westhampton Beach, NY1,847$696,500277%
Baldwin, FL1,849$103,90044%
Lake City, TN1,848$65,20065%
Source: The Lake City, TN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.