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Home values, rents and more in Lake City, IA

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$150,000
Iowa: $237,000 · U.S.: $366,000
Home values, past year
+12.1%
Iowa: +3.3% · U.S.: +1.2%
Population
1,693
ACS 2020–24
Median household income
$74,167
Iowa: $75,059 · U.S.: $80,734
ZIP codes around Lake City, IA, shaded by typical home valueLake City51449
  • Under $0k
  • No data
ZIP codes around Lake City, IA, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Lake City is outlined.

How Lake City compares

The typical home in Lake City, IA is worth about $150,000, according to the Zillow Home Value Index for September 2026. Home values in Lake City are 37% below the typical value in Iowa ($237,000) and 59% below the U.S. typical value ($366,000).

Over the past year, home values in Lake City rose 12.1%, compared with +3.3% in Iowa and +1.2% nationally.

The median household income is $74,167, against $75,059 in Iowa and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 1,693 people live in Lake City (American Community Survey 2020–24).

Lake City has the 143rd-lowest typical home value of the 770 cities in Iowa with Zillow figures.

Part of: Calhoun County, IA · Iowa

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Lake City, IA

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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