Lake City, MI Housing Market

Homes for sale

The median sale price of a home in Lake City was $98K last month, up 78.6% since last year. The median sale price per square foot in Lake City is $81, down 25.7% since last year.

Trends
Demand
Schools
Climate

Lake City Housing Market Trends

What is the housing market like in Lake City today?

In February 2025, Lake City home prices were up 78.6% compared to last year, selling for a median price of $98K.

$111K

Sale Price

+101.8%
since last year

$81

Sale $/Sq. Ft.

-25.7%
since last year

Under List Price

1.3%

Days on Market

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 Bay City add value to a home.

View houses in Lake City that sold recently

Recently sold homes

SOLD FEB 12, 2025
$110,000 Last Sold Price
5 beds
2 baths
1,730 sq ft
213 S Dean St, Bay City, MI 48706
(989) 686-3400
List Price
$110,000
Sale to List
0% over list
Days on Market
0 days
213 S Dean St, Bay City, MI 48706
SOLD FEB 5, 2025
$112,000 Last Sold Price
2 beds
1 bath
1,128 sq ft
402 S Catherine St, Bay City, MI 48706
List Price
$114,900
Sale to List
3% under list
Days on Market
61 days
402 S Catherine St, Bay City, MI 48706
SOLD JAN 28, 2025
$85,000 Last Sold Price
3 beds
1 bath
1,612 sq ft
503 S Dewitt St, Bay City, MI 48706
(989) 686-3400
List Price
$89,900
Sale to List
5% under list
Days on Market
88 days
503 S Dewitt St, Bay City, MI 48706
SOLD DEC 30, 2024
$70,000 Last Sold Price
—beds
—baths
1,152 sq ft
207 S LINN St, Bay City, MI 48706 4942
(810) 407-3202
List Price
$100,000
Sale to List
30% under list
Days on Market
699 days
207 S LINN St, Bay City, MI 48706 4942
SOLD DEC 10, 2024
$86,500 Last Sold Price
4 beds
2 baths
1,618 sq ft
106 E John St, Bay City, MI 48708
(989) 892-8888
List Price
$85,000
Sale to List
2% over list
Days on Market
141 days
106 E John St, Bay City, MI 48708
SOLD NOV 6, 2024
$80,500 Last Sold Price
2 beds
1 bath
1,242 sq ft
215 S Dewitt St, Bay City, MI 48706
List Price
$75,000
Sale to List
7% over list
Days on Market
47 days
215 S Dewitt St, Bay City, MI 48706
SOLD OCT 15, 2024
$40,000 Last Sold Price
2 beds
1 bath
756 sq ft
305 S Dean St, Bay City, MI 48706
(989) 922-6800
List Price
$44,900
Sale to List
11% under list
Days on Market
35 days
305 S Dean St, Bay City, MI 48706

Schools in Lake City

Learn about schools in the Lake City area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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.

Heat Factor - Moderate

72% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Lake City

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