Home prices
The median home in Lake City costs $106,800. In comparison to nearby areas it is about $18,120 (14%) lower.In comparison to the rest of the country it is roughly $110,700 (50%) lower, and is roughly $66,400 (38%) lower compared to the city of Jacksonville.
Rents
Lake City's median monthly rent is $856. In comparison to nearby areas this is approximately $186 (27%) higher.It is approximately $206 (19%) lower compared to the rest of the nation, and it is about $209 (19%) lower in comparison to the city of Jacksonville.
Nearby places
Watertown
Watertown is Lake City's neighbor to the east. The real estate prices there are pretty similar. The median home in Watertown costs $105,700, which works out to $1,100 (1%) lower than Lake City. The rent there is somewhat less expensive. In Watertown the median rent is $773 per month, which works out to $83 (10%) lower than Lake City.
Five Points
Five Points is Lake City's neighbor to the north. Its real estate prices are significantly more expensive. The cost of the median home in Five Points is $162,100, which works out to $55,300 (34%) higher than Lake City. Its rents are substantially less expensive. Five Points's median rent is $646 a month, which is $210 (32%) lower than Lake City.
White Springs
White Springs is approximately 12 miles northwest from Lake City. Real estate prices there are substantially less expensive. The median home in White Springs is valued at $78,300, which works out to $28,500 (36%) lower than Lake City. Rent there is substantially less expensive. White Springs's median rent is $456 per month, which comes out to $400 (87%) lower than Lake City.
Live Oak
Live Oak is approximately 19 miles northwest from Lake City. The housing prices there are fairly similar. The median home in Live Oak costs $110,600, which works out to $3,800 (3%) higher than Lake City. Rent there is a bit less expensive. Live Oak's median rent is $717 per month, which is $139 (19%) lower than Lake City.
Fort White
Fort White is roughly 20 miles south from Lake City. The real estate prices there are a lot more expensive. The median home value in Fort White is $167,900, which comes out to $61,100 (36%) higher than Lake City. The rent there is somewhat less expensive. In Fort White the median rent is $758 a month, which works out to $98 (12%) lower than Lake City.
