Comprehensive market data and analysis• Updated Oct 2026
12.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 3 | 3 |
| 1-2 acres | - | - | 1 | 2 |
| 2-5 acres | - | 2 | 2 | 2 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 5 | 7 | 10 |
Acreage buckets
The median price for land in Lake City, Colorado is currently $87K per acre. For a typical parcel, the median sale price is $160K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $86K while premium lots reached $303K.
Lake City, Colorado is currently a strong buyer's market with 12.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Lake City, Colorado currently has 12.6 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Over the past 12 months, Lake City, Colorado saw 9 properties sold, totaling $1.7M in sales volume. In just the last 3 months, 5 properties changed hands.
The 3-month absorption rate in Lake City, Colorado is 7.9%. The 12-month rate is 3.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Lake City, Colorado stands at $160K. This translates to roughly $87K per acre for the typical parcel size. The average price is $190K, indicating some higher-priced properties pulling up the average.
Land in Lake City, Colorado averages $224K per acre. The median price per acre is $87K, which may be more representative of typical transactions. Most parcels sold are around 1.4 acres.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Lake City on LandyDandy.
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