Current Price

$282,327

1 Month Forecast

â–¼ $281,857

1-Year Forecast *

â–² $289,426

5-Year Forecast *

â–² $319,651

"Is it a good time to buy homes in Lake City?" "Does investing in real estate in Lake City (South Dakota State, Marshall County) worth it?" According to our live Forecast System, buying a house in Lake City is a not so good short-term (1-year) investment*. The Lake City average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Lake City" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Lake City in South Dakota State, Marshall County. If you are looking for homes for sale with good flipping profit, Lake City can be a profitable property investment option. The median price of an average house in Lake City was 282,327 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lake City" area is 319,651 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +13.22% meaning that investing 100000 USD today may yield a profit of 13,220 USD by 2031.

Current Median Listing Price: 282,327 USD Median Listing Price Per Square Foot: 157 USD

Lake City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Lake City (South Dakota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Lake City Price Target

Lake City median home price target in 12 months: $289,426* (upside of 2.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $262,512 $282,327 $262,512 $282,327
2023 $0 $262,479 $0 $263,340
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Lake City Housing Market Forecast

How much does an average home cost in Lake City today?

The value of an average home (the listing price) in Lake City is $282,327 USD.

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

According to Walletinvestor the median price per square foot in Lake City is 157 USD.

Will the median listing price of homes in Lake City grow / rise / go up?

Yes. The Lake City home prices may rise from 282,327 USD to 289,426 USD in one year.

Is it profitable to invest in Lake City homes?

Yes. The long-term profit potential is +2.51% in one year.

Will Lake City house prices fall / drop?

No. See above.

What is the predicted price of a Lake City home in 2030?

The predicted home sales price of a Lake City home in 2030 in Lake City is 311,811 USD.

What is the predicted price of a Lake City home in 2035?

The predicted home sales price of a Lake City home in 2035 in Lake City is 356,632 USD.

Will real estate prices decrease in Lake City?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Lake City is the 25865. largest city in the United States, located in South Dakota State.

During the last 12 months the real estate prices in Marshall, Lake City remained stable, looking at the past 12 months.

According to Walletinvestor's Lake City real estate market research, home values will increase in the next 12 months.

Median home values remained unchanged to 282,327 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 3.894% in 2021
  • 1.644% in 2022
  • 2.624% in 2023
  • 1.924% in 2024
  • 0.974% in 2025
  • 3.524% in 2026

Based on our Lake City real estate market research and report the predicted sales prices will increase by 28.187% in the next 10 years.

Lake City (South Dakota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Lake City Housing Market Forecast with Real Estate Prices for 2025
January 2025 281857 255080 308633
February 2025 281893 260751 303035
March 2025 282515 266694 298335
April 2025 283594 268847 298341
May 2025 284677 265319 304035
June 2025 285366 257686 313047
July 2025 285402 268277 302526
August 2025 285045 261671 308419
September 2025 286134 258665 313603
October 2025 287227 267121 307333
November 2025 288324 264105 312544
December 2025 289426 270613 308239
Lake City Housing Market Forecast with Real Estate Prices for 2026
January 2026 290532 270775 310288
February 2026 290047 262783 317312
March 2026 290084 266878 313291
April 2026 290724 263106 318343
May 2026 291835 271990 311680
June 2026 292950 272443 313456
July 2026 293659 268404 318913
August 2026 293695 271081 316310
September 2026 293328 268395 318261
October 2026 294449 267949 320949
November 2026 295574 273997 317151
December 2026 296703 269110 324296
Lake City Housing Market Forecast with Real Estate Prices for 2027
January 2027 297837 268053 327620
February 2027 298974 282232 315717
March 2027 298476 282657 314295
April 2027 298514 273439 323589
May 2027 299173 277931 320414
June 2027 300316 271485 329146
July 2027 301463 283375 319551
August 2027 302192 272577 331807
September 2027 302230 285607 318852
October 2027 301852 276195 327510
November 2027 303005 274220 331791
December 2027 304163 273747 334579
Lake City Housing Market Forecast with Real Estate Prices for 2028
January 2028 305325 283036 327614
February 2028 306491 276455 336528
March 2028 307662 285818 329506
April 2028 307150 276742 337557
May 2028 307189 278006 336372
June 2028 307866 283853 331880
July 2028 309043 281847 336238
August 2028 310223 286646 333800
September 2028 310974 287962 333986
October 2028 311012 281155 340870
November 2028 310624 280493 340754
December 2028 311811 294037 329584
Lake City Housing Market Forecast with Real Estate Prices for 2029
January 2029 313002 292970 333034
February 2029 314198 295974 332421
March 2029 315398 293951 336845
April 2029 316603 294757 338449
May 2029 316075 292054 340097
June 2029 316116 290510 341721
July 2029 316813 287666 345960
August 2029 318023 293217 342829
September 2029 319238 302638 335839
October 2029 320011 294730 345292
November 2029 320050 297007 343094
December 2029 319651 290562 348739
Lake City Housing Market Forecast with Real Estate Prices for 2030
January 2030 320872 297448 344295
February 2030 322098 300195 344000
March 2030 323328 303605 343051
April 2030 324563 300221 348906
May 2030 325803 305603 346003
June 2030 325260 302167 348354
July 2030 325302 294073 356531
August 2030 326019 300590 351449
September 2030 327265 296829 357700
October 2030 328515 303219 353811
November 2030 329310 299343 359277
December 2030 329351 299380 359322
Lake City Housing Market Forecast with Real Estate Prices for 2031
January 2031 328939 297032 360847
February 2031 330196 302790 357602
March 2031 331458 311239 351676
April 2031 332724 310431 355016
May 2031 333995 315291 352699
June 2031 335271 306102 364439
July 2031 334712 304253 365171
August 2031 334755 308979 360531
September 2031 335493 309660 361326
October 2031 336775 303771 369779
November 2031 338062 308650 367473
December 2031 338880 316514 361246

> Page 2: detailed data / price table <

Best Lake City property forecast, Lake City house price prediction, Lake City housing forecast, Lake City property investment tips, Lake City prediction, Lake City real estate analyst report, Lake City property price forecast, Lake City housing index forecast tomorrow, Lake City real estate technical analysis, Lake City property future price, Lake City housing projections, Lake City property market prognosis, Lake City expected house price.
How will Lake City house price increase? Will Lake City real estate prices go up? Will Lake City real estate prices fall? Will Lake City house prices drop? Will Lake City house prices rise? Is Lake City housing price going up? Is it time to buy a Lake City home? When will Lake City house prices go down? When will Lake City real estate prices drop?
* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.