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Lake City Real Estate Market Facts

  • $65,200Median home price
    55% lower than Tennessee
  • $397Median rent asked
    49% lower than Tennessee
  • 42.5%Home owners
    36% lower than Tennessee
  • 2.5People per home
    1% lower than Tennessee

Lake City Home Affordability

  • $65,200Median home price
    55% lower than Tennessee
  • $22,939Median home income
    51% lower than Tennessee
  • 2.8xHome price to income ratio
    9% lower than Tennessee

Lake City Affordability Calculator

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Lake City Mortgage Calculator

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Lake City Demographics

  • 1,848Population
  • 1,164People / sq mile
  • 43.1Median age
  • 0.9:1Male/Female ratio

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.
Baldwin, FL1,849$103,90044%
Lakeland, MN1,847$225,50022%
Westhampton Beach, NY1,847$696,500277%
Adams Center, NY1,847$109,80041%
Livonia, LA1,849$141,10024%
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).