$199,900
5 bd1 ba1,584 sqft
4464 E Wagner Rd
Lake City, MI Housing Market
$213,372
3.5% 1-yrThe average Lake City, MI home value is $213,372, up 3.5% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Lake City Key Takeaways
Typical Home Values: $213,372
1-year Value Change: +3.5%
(Data through January 31, 2026)
Lake City Housing Market Overview
--1-year Market Forecast
27For sale inventory(January 31, 2026)
--New listings(January 31, 2026)
--Median sale to list ratio
--Median sale price(December 31, 2025)
$252,116Median list price(January 31, 2026)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Lake City
- NameMedian ZHVI
- Chums Corner$399,427
- Traverse Heights$321,827
- Oak Park$438,891
- Boardman$574,750
- Old Towne$455,761
- Downtown$484,756
- Central$497,650
- Kids Creek$457,898
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Lake City Rental Market Trends
--Average rent in Lake City
$1,895National average rent(January 31, 2026)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
