Comprehensive market data and analysis• Updated Dec 2025
31.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 3 | 5 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | 1 | 3 | 4 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | 1 | 2 |
| 100+ acres | - | - | 2 | 2 |
| TOTAL | 1 | 2 | 10 | 16 |
Acreage buckets
The median price for land in Lake City, South Carolina is currently $10K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $5K while premium lots reached $580K.
Lake City, South Carolina is currently a strong buyer's market with 31.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 29.6% year-over-year.
Lake City, South Carolina currently has 31.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Lake City, South Carolina is 3.2% (3-month basis), indicating slow demand. With depreciating values (-29.6% YoY), buyers may find value opportunities. The top-performing broker in this market is Epps Miles Eaddy Realty Inc.
Over the past 12 months, Lake City, South Carolina saw 16 properties sold, totaling $4.0M in sales volume. In just the last 3 months, 2 properties changed hands.
Land in Lake City, South Carolina averages $32K per acre. The median price per acre is $10K, which may be more representative of typical transactions. Most parcels sold are around 4.3 acres.
The median land price in Lake City, South Carolina stands at $60K. This translates to roughly $10K per acre for the typical parcel size. The average price is $249K, indicating some higher-priced properties pulling up the average.
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.
