House Prices

House Prices & Home Values Lake City, SD 2026


Average Data

average house price$80,000
average size per house1559 ft²
average price per ft²52 $ / ft²

05/30/2026 - The value range (VR) for house prices in Lake City, SD is $51/ sqft to $51/ sqft. An average home with 1559 sqft costs approximately $79,509 to $79,509. Lake City, SD includes 1 ZIP codes and it is located in Marshall county. The lowest prices are found in ZIP 57247, while the highest are in ZIP 57247. The average price per sqare feet is $52. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Lake City

5724751 $ / ft²




Historical development of home values in Lake City

Year Estimated value (USD) Change vs. 2025
2010 $37,153 -53.6%
2011 $35,717 -55.4%
2012 $35,621 -55.5%
2013 $36,952 -53.8%
2014 $38,789 -51.5%
2015 $40,780 -49.0%
2016 $42,908 -46.4%
2017 $45,224 -43.5%
2018 $47,725 -40.3%
2019 $49,937 -37.6%
2020 $52,519 -34.4%
2021 $59,735 -25.3%
2022 $69,637 -13.0%
2023 $73,436 -8.2%
2024 $77,684 -2.9%
2025 $80,000 0.0%

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



Example: 100% financing house in Lake City

Loan amount: $80,000

Interest rate: 6.00%

Fixed monthly payment: $479.64

Breakdown in the 1st month:
Interest portion: $400.00  –  Principal portion: $79.64

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $4,773.28 $982.41 $79,017.59
2 $4,712.68 $1,043.00 $77,974.59
3 $4,648.35 $1,107.33 $76,867.26
4 $4,580.05 $1,175.63 $75,691.63
5 $4,507.54 $1,248.14 $74,443.49
6 $4,430.56 $1,325.12 $73,118.36
7 $4,348.83 $1,406.85 $71,711.51
8 $4,262.06 $1,493.63 $70,217.88
9 $4,169.94 $1,585.75 $68,632.13
10 $4,072.13 $1,683.55 $66,948.58
11 $3,968.29 $1,787.39 $65,161.19
12 $3,858.05 $1,897.63 $63,263.55
13 $3,741.01 $2,014.68 $61,248.88
14 $3,616.75 $2,138.94 $59,109.94
15 $3,484.82 $2,270.86 $56,839.08
16 $3,344.76 $2,410.92 $54,428.15
17 $3,196.06 $2,559.63 $51,868.53
18 $3,038.19 $2,717.50 $49,151.03
19 $2,870.58 $2,885.11 $46,265.92
20 $2,692.63 $3,063.05 $43,202.87
21 $2,503.71 $3,251.98 $39,950.89
22 $2,303.13 $3,452.55 $36,498.34
23 $2,090.19 $3,665.50 $32,832.85
24 $1,864.11 $3,891.58 $28,941.27
25 $1,624.08 $4,131.60 $24,809.67
26 $1,369.26 $4,386.43 $20,423.24
27 $1,098.71 $4,656.97 $15,766.27
28 $811.48 $4,944.21 $10,822.06
29 $506.53 $5,249.15 $5,572.91
30 $182.78 $5,572.91 $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, SD


1500 sqft3900 sqft
Ø selling price$94,381$200,773
Ø fast selling$85,800$180,695
Ø high price sale$102,961$220,850

In 2026, houses in Lake City, SD will be offered at an average price of $52 per square foot. A 1,500 sqft home priced at $94,381 is 22.63% more expensive per square foot than a 3,900 sqft home priced at $200,773. Home prices in Lake City, SD vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $138,996. Sellers who can wait longer may achieve a higher price of up to $169,884.


Discover Lake City, South Dakota

Scenic Setting

Lake City, South Dakota is a small, friendly community nestled in the Glacial Lakes region of northeastern South Dakota.
Surrounded by clear waters and rolling prairie, the town offers a quiet base for exploring the area's natural beauty.
Visitors are drawn to nearby Roy Lake State Park and Fort Sisseton Historic State Park, both minutes from town.

Outdoor Recreation

Fishing for walleye, northern pike, and panfish?along with boating, kayaking, and camping?make Lake City a hub for outdoor recreation.
In winter, ice fishing, snowshoeing, and scenic drives deliver four-season adventure with postcard views.

History and Wildlife

History buffs can tour the preserved 1860s frontier outpost at Fort Sisseton and attend popular summer festivals.
Birdwatchers love the migration flyways around local wetlands, where pelicans, waterfowl, and raptors are common sights.

Lodging and Trip Planning

Family-friendly resorts, lakeside cabins, and small businesses provide comfortable lodging, bait, and local flavor.
Plan your trip with weather-aware layers, fishing licenses, and park passes, and respect private land and shoreline access.
Whether you seek a peaceful weekend or an action-packed getaway, Lake City, SD delivers authentic Glacial Lakes charm.



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 $80,000 for an average home size of 1559 square feet. This corresponds to an average price of roughly $52 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 $52 per square foot, with a typical range between $51 and $51 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 1559 square feet, with an estimated 2026 value around $80,000.



Locations close to Lake City, SD

Lake Norden, SD127 $ / ft²
Lake Preston, SD191 $ / ft²
Marvin, SD61 $ / ft²
Labolt, SD148 $ / ft²
Kranzburg, SD158 $ / ft²
Henry, SD128 $ / ft²
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