32024 (Lake City)
Housing Market & Home Values
Median sale price $335,000, down 1.8% year over year, with homes going under contract in about 43 days.
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Housing Market Analyst
Prices are down 1.8% versus the prior year, but sellers are still collecting 97.0% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Mortgage sensitivity — at 4.9× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 32024 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on 32024 (Lake City)
The median sale price across 32024 currently stands at $335,000, down 1.8% from a year ago. Buyers are paying a median of $203 per square foot. The typical home goes under contract in about 43 days. Sellers are capturing 97.0% of their original asking price on average.
Zillow's home value index for Columbia County stands at $271,358. About 27% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 32024 is 64 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of October 5, 2026.
32024 since 2012 — and where it’s heading
A median home here sold for $60,000 in 2012 and $356,920 over the last recorded year — 495% appreciation across 14 years of recorded sales. Cash buyers took 31% of recent sales, down from a 43% peak.
Median sale price · 2012–2026 (766 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Columbia County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Columbia County (MLS)
Median price · daily recalculation
What’s driving 32024
Movers arriving report ~$54,302 average income. Source: IRS SOI county-to-county migration, 2022-2023
274 Citizens policies in force in Columbia County — the state-backed insurer of last resort. Budget insurance into any Columbia purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
174 single-family · 8 multi-family · 2.6 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Columbia
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 32024 ← this page | $335K | — | 64 | |
| 32038 | $268K | 308 | 43 | Open → |
| 32025 | $539K | 12 | 69 | Open → |
| 32055 | $187K | 7 | 40 | Open → |
Neighborhoods on the move
| THE OAKSSanford | $442K | ▲ 23% |
| TIMBERLANE SUBTampa | $335K | ▲ -9% |
| TIMBERLANE SUBTampa | $335K | ▼ 9% |
| THE OAKSSanford | $442K | ▼ 23% |
| THE OAKSSanford | $442K | 17 days |
| TIMBERLANE SUBTampa | $335K | 18 days |
| CallahanLake City | $285K | 41 days |
| SpringfieldLake City | $395K | 63 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 32024 right now?
The data says conditions currently favor neither side decisively in 32024 — the Momentum Score reads 64/100. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 32024 becoming more affordable?
Yes, modestly — the median sale price in 32024 is $335,000, down 1.8% versus the prior year, while sellers still capture 97.0% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in 32024?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are TIMBERLANE SUB (-9%); THE OAKS (23%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 32024 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are THE OAKS (17 days); TIMBERLANE SUB (18 days); Callahan (41 days) — homes there go under contract well ahead of the market-wide pace of 43 days.
32024 (Lake City) housing market FAQ
Is it a good time to sell a house in 32024?
By the numbers, sellers in 32024 are getting 97.0% of asking price and going under contract in about 43 days. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the 32024 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 32024 median sale prices are down 1.8% year over year. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in 32024?
The median sale price in 32024 is currently $335,000, down 1.8% from a year ago, based on MLS sales data updated October 5, 2026.
Is 32024 a buyer's or seller's market right now?
The data currently favors sellers. 32024 scores 64 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in 32024?
The typical home in 32024 goes under contract in about 43 days, per current MLS data.
Are home prices in 32024 rising or falling?
Median sale prices are down 1.8% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 32024 (Lake City). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: October 5, 2026 at 1:44 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.