Lake City Real Estate

Lake City is a peaceful, picturesque town in Marshall County, South Dakota, with a population of just 45 residents. Established in 1914 and named for the many nearby lakes, Lake City offers tranquil rural living surrounded by natural beauty. Just minutes away from the historic Fort Sisseton State Park, the area is rich in both history and outdoor recreation. With wide-open spaces, a welcoming community, and access to fishing, hiking, and scenic views, Lake City is a perfect escape for those seeking quiet living and a strong connection to South Dakota’s natural landscape.

Lake City - Town vs. County Stats

Avg Price in Lake City: $448,000 / County Avg $294,100

152%

Avg Taxes in Lake City: $2,500 / County Avg $2,200

114%

Avg Sq. Ft. in Lake City: 2,389 / County Avg 2,013

119%

Avg Price per/sqft in Lake City:$187 / County Avg $146

128%

Avg Year Built in Lake City: 1975 / County Avg 1973

100%

Avg Days on Website in Lake City: 101 / County Avg 103

98%

Lake City Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales