Is now a good time to sell in Lake City?

Probably not, unless you need to move. The Sold Score for Lake City is 39/100 in August 2026 (Challenging Market Conditions) — homes still close, but you'll likely accept a longer timeline or a lower price than a year ago. Pending ratio is 0.26 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is down +9.7% year over year, tightening the pool you're competing in. Median days on market sit at 82. 30.8% of active listings have already reduced asking price. — Live indicators (August 2026): Sold Score: 39/100 (Challenging Market Conditions) · Pending ratio: 0.26 · Inventory YoY: -9.7% · Median days on market: 82 · Sellers cutting price: 30.8% · Median listing price: $350,000 (+0.0% YoY)