How much is land worth in Lake City, Iowa?
The median price for land in Lake City, Iowa is currently $100K per acre. For a typical parcel, the median sale price is $400K. Recently, the cheapest land sold for $400K while premium lots reached $400K.
Lake City, Iowa Land Market Statistics
Comprehensive market data and analysis• Updated Oct 2026
Active Listings
1
Sold (12M)
1
Median Price
$400K
Market Condition
Seller's Market
Lake City, Iowa Market Meter
Seller's Market
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
Market Overview
Median Price
$400K
Avg Price/Acre
$100K
Avg Days on Market
87
Months of Supply
3.0
YoY Price Change
-
New Listings (3M)
1
Land Market Data by Acreage
Data Type:
View:
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 1 |
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.
Market Trends & Analysis
Inventory by Acreage (12 Months)
Sold
For Sale
2-5 acres1 sold / 0 listed
100+ acres0 sold / 1 listed
Median Price by Acreage
$0$200K$400K
2-
5
Acreage buckets
Key Market Indicators
Total Sales Volume
$400K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
87
Time to sell
Price Trend (YoY)
-
Year over year
Lake City, Iowa Land Market Analysis
Is now a good time to buy land in Lake City, Iowa?
Lake City, Iowa is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
What is the months of supply for land in Lake City, Iowa?
Lake City, Iowa currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
What is the total land for sale in Lake City, Iowa?
There are currently 1 active listings in Lake City, Iowa. 1 new listings have hit the market in the last 90 days.
What is the average price per acre in Lake City, Iowa?
Land in Lake City, Iowa averages $100K per acre. The median price per acre is $100K, which may be more representative of typical transactions. Most parcels sold are around 4.0 acres.
What is the median land price in Lake City, Iowa?
The median land price in Lake City, Iowa stands at $400K. This translates to roughly $100K per acre for the typical parcel size.
Is now a good time to invest in land in Lake City, Iowa?
The current absorption rate in Lake City, Iowa is 33.3% (3-month basis), indicating strong demand. The top-performing broker in this market is Exit Country Realty.
Data Sources & Accuracy
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.
Land in Lake City
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