Welcome to our 16423 real estate data hub, tailored for investors in Lake City, PA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 16423 in Lake City, PA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in ERIE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Lake City, PA real estate investing. Uncover the wealth of information available, and position yourself for success in the Lake City property market.
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Location Overview
- Zip Code: 16423
- City: Lake City
- State: PA
- Metro Area: Erie, PA
- County Name: ERIE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $172,248
- Average Home Price (Single Family Homes): $173,431
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: 0.4%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $820
- Average 3 Bedroom Section 8 Rental Rates: $1,020
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.5
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.07
- Number of Units Offered in Section 8 in the County: 3534
- Number of Occupied Units in Section 8 in the County: 3354
- Percentage of Section 8 Units Occupied in the County: 94.90000153%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): Not Available
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.99%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.73%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 29.63%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.93%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 54.39%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 65.58%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 97.19%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%