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Lake City, SD Housing Market

$292,359

7.0% 1-yr

The average Lake City, SD home value is $292,359, up 7.0% 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.

Learn more about the Zillow Home Value Index

Lake City Key Takeaways

Typical Home Values: $292,359

1-year Value Change: +7.0%

(Data through April 30, 2025)

Lake City Housing Market Overview

--1-year Market Forecast
--For sale inventory(April 30, 2025)
--New listings(April 30, 2025)
--Median sale to list ratio
--Median sale price
--Median list price(April 30, 2025)
--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.

Nearby Neighborhoods

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Clear Lake Homes for Sale

$975,000
3 bd2 ba2,568 sqft
442173 Schlekewy Dr
442173 Schlekewy Dr
View Clear Lake listings
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An equal housing lender. NMLS #10287.

Lake City Rental Market Trends

--Average rent in Lake City
$2,024National average rent(April 30, 2025)
--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.

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