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Foreclosure Homes in Lake City, PA

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Lake City, PA Foreclosures

Current Market Conditions in in Lake City, PA As of February 2026?
Over the past month, Lake City's real estate market has seen a continuing rise in home prices due to persistent demand and a limited supply of available homes. Sellers are receiving competitive offers, sometimes above the asking price, as buyers are eager to invest in this scenic small-town lifestyle. The market speed has accelerated, compelling homeowners who might have otherwise hesitated to list their properties.
How much do homes sell for in Lake City, PA?
The average home price is currently $224,740.
In Lake City, PA, how many homes are available?
There are currently 15 active home listings available in Lake City.
What’s the average rental cost in Lake City, PA?
The average rental price in Lake City is $1,189.
What is the most expensive home in Lake City?
The most expensive home sold in Lake City had a price of $5,129,619.
What is currently the cheapest priced home in Lake City, PA?
The cheapest home for sale in Lake City is priced at $18,971.

Living in Lake City, PA

Lake City, PA, is a friendly small town that offers a mix of suburban comfort and easy access to nature along the shores of Lake Erie. With its welcoming community, good schools, and diverse recreational activities, it's an ideal place for both families and retirees. Residents enjoy easy commutes and a quaint lifestyle in a picturesque setting.

Buyer vs Seller Market in Lake City, PA

The current real estate market in Lake City is experiencing a steady demand, characterized by consistent home sales and a healthy supply of listings. The area has gained interest due to its affordability compared to nearby larger cities and the charming community ambiance, making it an attractive option for first-time buyers.

In recent months, there has been a noticeable uptick in housing prices, with many homes receiving multiple offers. The trend appears to be driven by buyers seeking picturesque environments with community-oriented living, leading to an increase in property values.

Home Value Estimator For Lake City, PA

There are currently 1,504 real estate properties in Lake City, PA, with a median automated valuation model (AVM) price of $202,893.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake City, PA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake City, PA, is $224,740.00, with the most expensive house in Lake City, PA, topping out at $5,129,619.00 and the cheapest home in Lake City, PA, clocking in at $18,971.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake City, PA!

Rent Prices In Lake City, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake City, PA, is on a rollercoaster ride. The average rent price in Lake City, PA, is $1,189.00. Indeed, when looking to rent in Lake City, PA, you can expect to pay as little as $640.00 or as much as $2,780.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Lake City, PA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lake City, PA Foreclosures

Market Trend for Lake City, PA

Total Listings Available: 15

Market Values:

Home Prices from $18,971 to $5,129,619

Average Sales Price: $224,740

Rental Values:

Rental from $640 to $2,780

Average Rent Value: $1,189 / month

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