Data as of March 2026. Source: Realtor.com.
The LAKE CITY, PA real estate market (16423) currently shows 7 active listings, with 4 pending sales. Homes are averaging 11 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 11 days on market compared to 108 days last year.
The median listing price has fallen 20.8% year-over-year, from $277,400 to $219,750.
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 March 2026, there are 7 active listings in LAKE CITY, PA (zip code 16423), compared to 5 the prior year.
The median listing price in LAKE CITY, PA 16423 is $219,750 as of March 2026, a 20.8% decrease from $277,400 the prior year.
Homes in LAKE CITY, PA 16423 spend an average of 11 days on the market before going under contract, compared to 108 days the prior year.
Based on current inventory and days-on-market data as of March 2026, LAKE CITY, PA 16423 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 11 days on market compared to 108 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CITY, PA 16423 save an estimated $4,395 compared to a typical 5% commission on the median listing price of $219,750. 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.