House Prices

House Prices & Home Values Lake City, IA 2026


Average Data

average house price$82,167
average size per house1415 ft²
average price per ft²59 $ / ft²

04/05/2026 - The value range (VR) for house prices in Lake City, IA is $58/ sqft to $58/ sqft. An average home with 1415 sqft costs approximately $82,070 to $82,070. Lake City, IA includes 1 ZIP codes and it is located in Calhoun county. The lowest prices are found in ZIP 51449, while the highest are in ZIP 51449. The average price per sqare feet is $59. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Lake City

5144958 $ / ft²




Historical development of home values in Lake City

Year Estimated value (USD) Change vs. 2025
2010 $38,160 -53.6%
2011 $36,684 -55.4%
2012 $36,585 -55.5%
2013 $37,953 -53.8%
2014 $39,840 -51.5%
2015 $41,885 -49.0%
2016 $44,071 -46.4%
2017 $46,449 -43.5%
2018 $49,017 -40.3%
2019 $51,290 -37.6%
2020 $53,942 -34.4%
2021 $61,353 -25.3%
2022 $71,524 -13.0%
2023 $75,425 -8.2%
2024 $79,788 -2.9%
2025 $82,167 0.0%

Graph: estimated home values in Lake City over time (USD)



Example: 100% financing house in Lake City

Loan amount: $82,167

Interest rate: 6.00%

Fixed monthly payment: $492.63

Breakdown in the 1st month:
Interest portion: $410.84  –  Principal portion: $81.80

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $4,902.57 $1,009.02 $81,157.98
2 $4,840.34 $1,071.25 $80,086.73
3 $4,774.26 $1,137.33 $78,949.40
4 $4,704.12 $1,207.48 $77,741.92
5 $4,629.64 $1,281.95 $76,459.97
6 $4,550.57 $1,361.02 $75,098.96
7 $4,466.63 $1,444.96 $73,653.99
8 $4,377.51 $1,534.08 $72,119.91
9 $4,282.89 $1,628.70 $70,491.21
10 $4,182.43 $1,729.16 $68,762.05
11 $4,075.78 $1,835.81 $66,926.24
12 $3,962.56 $1,949.04 $64,977.20
13 $3,842.34 $2,069.25 $62,907.95
14 $3,714.72 $2,196.88 $60,711.08
15 $3,579.22 $2,332.37 $58,378.70
16 $3,435.36 $2,476.23 $55,902.47
17 $3,282.63 $2,628.96 $53,273.51
18 $3,120.48 $2,791.11 $50,482.41
19 $2,948.34 $2,963.26 $47,519.15
20 $2,765.57 $3,146.02 $44,373.13
21 $2,571.53 $3,340.06 $41,033.06
22 $2,365.52 $3,546.07 $37,486.99
23 $2,146.81 $3,764.79 $33,722.21
24 $1,914.60 $3,996.99 $29,725.22
25 $1,668.08 $4,243.51 $25,481.70
26 $1,406.35 $4,505.25 $20,976.46
27 $1,128.47 $4,783.12 $16,193.34
28 $833.46 $5,078.13 $11,115.21
29 $520.25 $5,391.34 $5,723.87
30 $187.73 $5,723.87 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lake City, IA


1500 sqft3900 sqft
Ø selling price$107,086$227,800
Ø fast selling$97,351$205,020
Ø high price sale$116,821$250,579

In 2026, houses in Lake City, IA will be offered at an average price of $59 per square foot. A 1,500 sqft home priced at $107,086 is 22.72% more expensive per square foot than a 3,900 sqft home priced at $227,800. Home prices in Lake City, IA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $157,707. Sellers who can wait longer may achieve a higher price of up to $192,754.

FAQ – Home Values in Lake City

What is the median home value in Lake City in 2026?

In 2026, the typical home value in Lake City is about $82,167 for an average home size of 1415 square feet. This corresponds to an average price of roughly $59 per square foot.

What is the average cost per square foot in Lake City?

In 2026, homes in Lake City sell for an average of around $59 per square foot, with a typical range between $58 and $58 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Lake City is about 1415 square feet, with an estimated 2026 value around $82,167.



Locations close to Lake City, IA

Lake View, IA78 $ / ft²
Lanesboro, IA77 $ / ft²
Lohrville, IA49 $ / ft²
Kiron, IA57 $ / ft²
Kirkman, IA58 $ / ft²
Irwin, IA96 $ / ft²
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