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CONNEAUT LAKE, PA 16316

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The CONNEAUT LAKE, PA real estate market (16316) currently shows 35 active listings, with 7 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 52 days on market compared to 71 days last year.

The median listing price has fallen 7.1% year-over-year, from $338,900 to $314,900.

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Market Context

Market Context

Population: 4,607  ·  Density: 39.1/mi²  ·  Median household income: $64,911

Typical home value: $153,174  ·  Homeownership: 81.1%

Market Overview

Active Listings
35
⇧ 12.9% vs 31 last year
Pending
7
20% pending ratio
Median Price
$314,900
⇩ 7.1% vs $338,900 last year
Average Price
$389,198
⇩ 16.8% vs $467,855 last year
Days on Market
52
⇩ 26.8% vs 71 days last year

Price Per Square Foot

Median $/sqft
$204
⇩ 12.4% vs $233/sqft last year
Median Home Size
1,260 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 35 this year vs 31 last year
  • Days on market: 52 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $314,900 (-7.1% YoY)
  • Average: $389,198 (-16.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.0 miles — 142 listings ($38,428,689 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16316Conneaut Lake, PA 163160.0 mi12$6,478,884$329,650$539,907
16111Atlantic, PA 161115.7 mi1$450,000$450,000$450,000
16424Linesville, PA 164248.4 mi14$2,643,396$137,625$188,814
16134Jamestown, PA 1613410.9 mi15$3,929,010$230,725$261,934
16433Saegertown, PA 1643312.3 mi9$2,860,614$258,675$317,846
16125Greenville, PA 1612514.0 mi59$12,722,465$164,975$215,635
16114Clarks Mills, PA 1611414.8 mi1$274,000$274,000$274,000
16435Springboro, PA 1643515.7 mi1$164,900$164,900$164,900
44093Williamsfield, OH 4409317.0 mi5$1,616,800$299,900$323,360
16327Guys Mills, PA 1632717.7 mi3$1,144,500$381,500$381,500
16124Fredonia, PA 1612418.6 mi6$2,305,350$383,450$384,225
16403Cambridge Springs, PA 1640319.5 mi10$2,594,370$150,000$259,437
16401Albion, PA 1640120.0 mi6$1,244,400$167,400$207,400

Frequently Asked Questions

How many homes are for sale in CONNEAUT LAKE, PA 16316?

As of September 2026, there are 35 active listings in CONNEAUT LAKE, PA (zip code 16316), compared to 31 the prior year.

What is the median home price in CONNEAUT LAKE, PA 16316?

The median listing price in CONNEAUT LAKE, PA 16316 is $314,900 as of September 2026, a 7.1% decrease from $338,900 the prior year.

How long do homes stay on the market in CONNEAUT LAKE, PA?

Homes in CONNEAUT LAKE, PA 16316 spend an average of 52 days on the market before going under contract, compared to 71 days the prior year.

Is it a seller's or buyer's market in CONNEAUT LAKE, PA 16316?

Based on current inventory and days-on-market data as of September 2026, CONNEAUT LAKE, PA 16316 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 52 days on market compared to 71 days last year.

How much can I save on real estate commission in CONNEAUT LAKE, PA?

With SELL123.com's maximum 3% commission, sellers in CONNEAUT LAKE, PA 16316 save an estimated $6,298 compared to a typical 5% commission on the median listing price of $314,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.