B+
65%
Med. Home Val. NAT. AVG.
58%
Rent NAT. AVG.
33%
Owner Occ. NAT. AVG.
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Lake City Housing Information

IndexLake CityTennesseeNational
Median home price$65,200$146,000$184,700
Median rent asked$397$782$949
Avg. people per household2.52.52.6
Owner occupied households42.5%66.3%63.6%
Renter occupied households57.5%33.7%36.4%
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Housing Quick Facts

  • The median home price in Lake City is 65% lower than the national average.
  • The median rent asked in Lake City is 58% lower than the national average.
  • The average number of people per household in Lake City is 5% lower than the national average.
  • The number of owner occupied households in Lake City is 33% lower than the national average.
  • The number of renter occupied households in Lake City is 58% higher than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Fincastle, TN1,270$78,80057%
      La Follette, TN6,762$86,50053%
      Oliver Springs, TN3,918$116,40037%
      Jacksboro, TN2,444$156,00016%
      Oak Ridge, TN29,124$157,70015%
      Lake City, TN1,848$65,20065%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Elk Creek, KY1,848$254,50038%
      Idaho Springs, CO1,848$289,10057%
      Parkersburg, IA1,849$162,10012%
      Seeley, CA1,847$165,00011%
      Ridgeville, SC1,849$159,10014%
      Lake City, TN1,848$65,20065%
      Source: The Lake City, TN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).