“Thank you for helping us find the right home we appreciate all the work you did for us to get in to a house.”
Cressy & Everett Real Estate
- Agent Pronto
- Michigan
- Lake City
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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Lake City real estate Market Report.
Information and statistics on the latest trends in the Lake City real estate market. *
Latest Rolling 3-Month Snapshot
Mar 1, 2026 - May 31, 2026
Median sale price
$206K
-17%
from
Q1 '26
Median list price
$258K
+5.2%
from
Q1 '26
Active listings
16
+45%
from
Q1 '26
Homes sold
9
+80%
from
Q1 '26
New pendings
9
+29%
from
Q1 '26
New listings
10
+67%
from
Q1 '26
Quarterly Pricing Trends for Lake City
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Lake City
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Lake City
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Lake City
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Lake City
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Lake City
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
18
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).
Lake City is currently tilted toward sellers, with the market gauge signaling a seller’s market at 18. Tight conditions are reflected in just 1.8 months of supply over the latest rolling three-month period, which is substantially lower than a year ago.
Prices over this rolling three-month window are softer year over year, with the typical home value down more than 25 percent. Even with that decline, homes are moving faster, as median days on market have dropped sharply to 16 days, a notable shift from the longer marketing times seen last year.
Activity has picked up as well, with homes sold up more than 30 percent and active listings up over 15 percent compared with a year ago. With roughly three out of four homes going off the market within two weeks, buyers face quick decision timelines while sellers navigate a landscape of more listings and moderated prices. Agent Pronto can help both buyers and sellers in Lake City connect with an agent who understands these shifting dynamics and can guide them through the process.
Learn more about what Lake City has to offer.
Lake City offers a tight-knit community, easy access to nature and recreation, and a welcoming small-town atmosphere that makes everyday life feel connected and convenient.
Lake City sits along the eastern shore of Lake Missaukee and offers small-town convenience with easy access to larger hubs like Cadillac and Traverse City. Residents value the manageable traffic, walkable core, and ready access to the water, which together create a lifestyle that is practical for year-round living as well as second homes.
Daily needs are close at hand. Grocery options, local shops, and services cluster around downtown and M-55, while the Missaukee District Library and Lake City Area Schools anchor community life. Families appreciate short school commutes and the ability to get to youth sports, band, or after-school events without long drives.
Recreation is a major part of living here. Lake Missaukee Park offers beaches, playgrounds, and camping right in town, and seasonal festivals, including those around the lakefront, give residents an easy way to connect. Golfers can take advantage of nearby Missaukee Golf Club, while outdoor enthusiasts reach broader trail systems and state land in minutes.
For healthcare, shopping, and employment, many residents commute to Wexford County or Grand Traverse County, finding that Lake City’s quieter setting pairs well with regional opportunities.
Choosing a home or preparing to sell in Lake City involves shoreline regulations, seasonal traffic patterns, and a mix of in-town and rural properties. A knowledgeable local agent can interpret these details and reduce stress at every step, and Agent Pronto helps both buyers and sellers connect with the right professional.
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“Process was smooth and easy, everything went well would definitely would recommend.”
EXP Realty
“Barketa is an excellent realtor! She is knowledgeable regarding the marketing and pricing of homes in our area, is trustworthy and willing to work with us while listening to our needs, and is a lot of fun to be around. Barketa navigated us through negotiations well and always explained each choice including pros and possible cons. We would definitely recommend Barketa to family and friends and really enjoyed going through this process with her! Thank you Barketa!!🩷 You ROCK!!”
Century 21 Circle
“Natasha's patience, commitment, communication, and drive, to make sure I found a home I would love and feel safe is the biggest attributes. I worked with Natasha to find a house for over a year. during this time, I never once felt like a burden or felt like she was giving up on me at all, she yet made me feel like I still was one of her most important clients and that I was still being prioritized. I am extremely grateful for all of Natasha's hard work and I would recommend her to everyone who is looking to buy a house.”
Bellabay Realty Tri-Counties
“Angie is amazing! In a very short time I came to trust her, which is not always easy with someone trying to sell you something. There was never a time where I felt she wasn't looking out for our best interests. She is fair, honest, and quick to respond to all of our questions. She has become the 'family realtor!' Thanks, Angie!”
Century 21 Signature
“I worked with his team member Michelle Owens for the second time. I highly recommend her, she is knowledgeable, friendly and professional!”
Cressy & Everett Real Estate
“Thank you Marie for all you did to help with the purchase!”
Century 21 Signature Realty
“Every aspect of THIS transaction was outstanding. She is on the ball as well as anyone I dealt with from her team. She was direct, no BS and honest. I appreciate those traits enormously. I will use her again in the future. I wish she worked in other states! Lol! I would highly, highly recommend her to anyone interested in buying a home.”
Century 21 Affiliated
“Wonderful human, great to work with!!!”
Keller Williams KW Showcase Realty
“Kelly was great to work with. She was available at all times. Checked in with bank and myself when needed. Going through buying our first home Kelly articulated the process simply and prepared us for next steps along the way. I would recommend her to anyone looking for someone buy or sell their home. 10/10 expereince.”
Century 21 Affiliated
“Loved working with Don. He was considerate, knowledgeable of the area and helped me find the perfect home!”
Cornerstone Real Estate
“Tiffanie was very professional, and exceeded my expectations with the quality of work she provided. I would highly recommend.”
EXP Realty
“Katherine Schaumburger and her team performed with very effeciently and professionally after I listed our home with them> My circumstance was unique in that I moved out of state shortly after I signed on to have the Schaumburger Team handle the selling of our home. Everything was handled long distance and with my well being in mind! The end resulted in the successful selling of our home and receiving a far better end result than I had anticipated! I would whole heartedly recommend the Schaumburger organizion for any Real Estate transaction! Sincerely. Dan Hallgren”
eXp Realty
“Amy Schnople was almost a part of the family! She was willing to do anything for us, and made sure we knew she was 100% serious. Highly recommended.”
Century 21 Affiliated
“Everything was positiive about dealing with Tom. The one negative is his recommendation of "George" for minor remedial work. George is quite unprofessional and unable to provide the services that are needed.”
Dwelling Place Inc
“Mark is very straightforward. He knows the ropes and gets right to business. Always very responsive and honest.”
Hearthstone Realty Group
“You led me to Sam Masteller and HE is an angel!”
Berkshire Hathaway Home Services
“Jeremy helped me with multiple purchases. He is passionate about real estate and knows the market inside and out. Since he has construction experience, I felt completely comfortable with him guiding me in what to ignore and what to pay close attention to when reviewing home inspections. He's honest, reliable and truly cares about his clients. I can't be more thankful for crossing paths with Jeremy, and I highly recommend him to anyone who might be selling or purchasing a home in the future.”
Cornerstone Real Estate
“Allison is extremely professional and knowledgeable. She is quick to respond to messages and communication was excellent! I would highly recommend her.”
Rockgate Real Estate
“The tour was easy to use and we were super satisfied with Renee.”
Cedarwood Realty
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Lake City. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Lake City Realtor® or real estate agent today.
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