Lake City, FL home prices
Typical home $267,684 · -0.0% in a year · income needed $74,500
The Lake City, FL metro area ranks 401 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -0.0% in a year and +26.9% over five years. With 20% down at 7.11%, the typical home costs about $1,739 a month including 0.74% property tax (Columbia County rate).
Mortgage on the typical Lake City home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $53,537 | $214,147 | $1,441 | $0 | $298 | $1,739 | $74,500 |
| 10% down | $26,768 | $240,916 | $1,621 | $100 | $298 | $2,019 | $86,500 |
| 5% down | $13,384 | $254,300 | $1,711 | $106 | $298 | $2,115 | $90,600 |
| 3.5% down (FHA) | $9,369 | $262,836 | $1,768 | $118 | $298 | $2,184 | $93,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.74% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Lake City area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Columbia County, FL | $267,659 | -0.0% | 0.74% |
What can you afford in Florida on your salary? · Florida home prices · Salaries in Florida
Frequently asked questions
How much is a house in Lake City?
The typical home in the Lake City, FL metro area is worth $267,684 (Zillow, September 2026).
What salary do you need to buy a house in Lake City?
About $74,500 a year for the typical home with 20% down at 7.11%.