Comprehensive market data and analysis• Updated Dec 2025
11.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 12 | 25 | 54 |
| 1-2 acres | 1 | 4 | 11 | 16 |
| 2-5 acres | 1 | 6 | 8 | 14 |
| 5-10 acres | 1 | 7 | 11 | 27 |
| 10-20 acres | 4 | 5 | 7 | 20 |
| 20-50 acres | - | - | 2 | 9 |
| 50-100 acres | - | - | 1 | 3 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 9 | 34 | 65 | 144 |
Acreage buckets
The median price for land in Lake City, Florida is currently $19K per acre. For a typical parcel, the median sale price is $50K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $163K.
Lake City, Florida is currently a buyer's market with 11.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 51.6% year-over-year.
Lake City, Florida currently has 11.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Lake City, Florida is 8.7%. The 12-month rate is 9.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Lake City, Florida is 8.7% (3-month basis), indicating moderate demand. With depreciating values (-51.6% YoY), buyers may find value opportunities. The top-performing broker in this market is DANIEL CRAPPS AGENCY, INC.
Land in Lake City, Florida typically sells within 116 days of listing. The median time on market is 49 days. Properties are moving at a moderate pace in the current buyer's market.
There are currently 130 active listings in Lake City, Florida. 43 new listings have hit the market in the last 90 days. The median asking price is $80K.
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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.