Median home value in zip code 16423 (Lake City, PA) is $199,297, up 6.3% year over year. Part of the Erie, PA metropolitan area.

Home Value$199,297

YoY Change

+6.3%

Prices rising — worse for buyers.

Affordability

Enter your income for 16423 (Lake City).

Income (annual)

Down Payment

$39,859 on $199,297

Example: $75,000 household income. Change it above to see your own.

Affordable22.2% of income

Under the 28% guideline.

PITI$1,387

P/I22.2%

Afford$251K

Room+$52K

P&I $1,008Tax $262Ins $117

6.50% 30yr, 20% down, county tax + PA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

16423 is part of the Erie, PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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