Data as of June 2026. Source: Realtor.com.
The LAKE CITY, PA real estate market (16423) currently shows 9 active listings, with 5 pending sales. Homes are averaging 24 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 24 days on market compared to 38 days last year.
The median listing price has fallen 28.7% year-over-year, from $336,500 to $239,950.
Whether you are buying or selling in LAKE CITY, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 3,783 · Density: 159.5/mi² · Median household income: $70,529
Typical home value: $140,411 · Homeownership: 90.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 16423 | Lake City, PA 16423 | 0.0 mi | 5 | $1,662,500 | $332,500 | $332,500 |
| 16415 | Fairview, PA 16415 | 5.9 mi | 19 | $7,843,447 | $374,950 | $412,813 |
| 16443 | West Springfield, PA 16443 | 9.0 mi | 1 | $110,000 | $110,000 | $110,000 |
| 16506 | Erie, PA 16506 | 10.1 mi | 38 | $15,187,156 | $356,175 | $399,662 |
| 16505 | Erie, PA 16505 | 12.3 mi | 27 | $11,310,705 | $249,425 | $418,915 |
| 16502 | Erie, PA 16502 | 13.9 mi | 26 | $3,434,990 | $128,650 | $132,115 |
| 16435 | Springboro, PA 16435 | 13.9 mi | 1 | $164,900 | $164,900 | $164,900 |
| 16507 | Erie, PA 16507 | 15.4 mi | 12 | $8,509,596 | $202,450 | $709,133 |
| 16503 | Erie, PA 16503 | 16.3 mi | 20 | $2,373,040 | $119,250 | $118,652 |
| 16406 | Conneautville, PA 16406 | 18.6 mi | 5 | $1,181,085 | $222,200 | $236,217 |
| 44068 | North Kingsville, OH 44068 | 19.0 mi | 1 | $239,900 | $239,900 | $239,900 |
| 44048 | Kingsville, OH 44048 | 19.5 mi | 1 | $289,900 | $289,900 | $289,900 |
| 16510 | Erie, PA 16510 | 20.9 mi | 27 | $7,550,280 | $249,000 | $279,640 |
As of June 2026, there are 9 active listings in LAKE CITY, PA (zip code 16423), compared to 10 the prior year.
The median listing price in LAKE CITY, PA 16423 is $239,950 as of June 2026, a 28.7% decrease from $336,500 the prior year.
Homes in LAKE CITY, PA 16423 spend an average of 24 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of June 2026, LAKE CITY, PA 16423 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 24 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CITY, PA 16423 save an estimated $4,799 compared to a typical 5% commission on the median listing price of $239,950. 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.