Lake City, MI Housing Market

Homes for sale

The median sale price of a home in Lake City was $139K last month, down 27.9% since last year. The median sale price per square foot in Lake City is $168, up 3.7% since last year.

Trends
Demand
Migration
Schools
Climate

Lake City Housing Market Trends

What is the housing market like in Lake City today?

In December 2024, Lake City home prices were down 27.9% compared to last year, selling for a median price of $139K.

$139K

Sale Price

-27.9%
since last year

$168

Sale $/Sq. Ft.

+3.7%
since last year

Under List Price

7.6%

Days on Market

104

Down Payment

—

Total Homes Sold

To compare other locations to the Lake City and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lake City add value to a home.

Lake City Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Lake City that sold recently

Recently sold homes

SOLD FEB 24, 2025
$62,000 Last Sold Price
—beds
—baths
—sq ft
V/L Rosted Rd, Lake Twp, MI 49651
List Price
$64,900
Sale to List
4% under list
Days on Market
121 days
V/L Rosted Rd, Lake Twp, MI 49651
SOLD FEB 21, 2025
$200,000 Last Sold Price
3 beds
2 baths
1,428 sq ft
6431 W Circle Dr, Lake Twp, MI 49651
List Price
$225,000
Sale to List
11% under list
Days on Market
62 days
6431 W Circle Dr, Lake Twp, MI 49651
SOLD FEB 13, 2025
$285,000 Last Sold Price
3 beds
2.5 baths
2,240 sq ft
8210 W Friendly Ct, Lake City, MI 49651
List Price
$325,000
Sale to List
12% under list
Days on Market
31 days
8210 W Friendly Ct, Lake City, MI 49651
SOLD FEB 11, 2025
$185,000 Last Sold Price
3 beds
1.5 baths
1,134 sq ft
296 N Morey Rd, Lake City, MI 49651
(231) 775-1205
List Price
$185,000
Sale to List
0% over list
Days on Market
117 days
296 N Morey Rd, Lake City, MI 49651
SOLD FEB 10, 2025
$260,000 Last Sold Price
3 beds
2 baths
1,346 sq ft
2121 E Phelps Rd, Norwich Twp, MI 49651
List Price
$269,900
Sale to List
4% under list
Days on Market
135 days
2121 E Phelps Rd, Norwich Twp, MI 49651
SOLD FEB 10, 2025
$165,000 Last Sold Price
3 beds
2 baths
1,430 sq ft
6933 W Goose Lake Rd, Lake City, MI 49651
(231) 775-1205
List Price
$165,000
Sale to List
0% over list
Days on Market
84 days
6933 W Goose Lake Rd, Lake City, MI 49651
SOLD FEB 5, 2025
$80,000 Last Sold Price
3 beds
1 bath
1,485 sq ft
1120 N Star City Rd, West Branch Twp, MI 49651
List Price
$81,500
Sale to List
2% under list
Days on Market
160 days
1120 N Star City Rd, West Branch Twp, MI 49651
SOLD JAN 30, 2025
$45,250 Last Sold Price
3 beds
1 bath
1,285 sq ft
6404 Randall Rd, Lake City, MI 49651
List Price
$49,900
Sale to List
9% under list
Days on Market
49 days
6404 Randall Rd, Lake City, MI 49651
See all recently sold homes in Lake City.
See listings

Schools in Lake City

Learn about schools in the Lake City area

Elementary
Middle
High

GreatSchools Rating

6/10

Lake City Upper Elementary School

Public • K-5

500

Students

N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Lake City housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake City.

Provided by First Street Foundation

More real estate resources for Lake City

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