Current Price

$186,040

1 Month Forecast

â–² $207,357

1-Year Forecast *

â–² $217,025

5-Year Forecast *

â–² $258,514

"Is it a good time to buy homes in Lake City?" "Does investing in real estate in Lake City (Pennsylvania State, Erie County) worth it?" According to our live Forecast System, buying a house in Lake City is a good short-term (1-year) investment*. The Lake City average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Lake City" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Lake City in Pennsylvania State, Erie County. If you are looking for homes for sale with good flipping profit, Lake City can be a profitable property investment option. The median price of an average house in Lake City was 186,040 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lake City" area is 258,514 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +38.96% meaning that investing 100000 USD today may yield a profit of 38,956 USD by 2031.

Current Median Listing Price: 186,040 USD Median Listing Price Per Square Foot: 103 USD

Lake City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Lake City (Pennsylvania State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Lake City Price Target

Lake City median home price target in 12 months: $217,025* (upside of 16.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $196,836 $206,139 $196,836 $206,139
2024 $176,527 $186,040 $176,527 $186,040
2023 $169,059 $177,267 $169,059 $177,720
2022 $153,309 $168,334 $153,309 $168,334
2021 $140,780 $151,541 $140,780 $151,541
2020 $127,246 $139,162 $127,246 $139,162
2019 $121,498 $127,063 $121,498 $127,063
2018 $117,973 $121,035 $117,973 $121,035
2017 $113,659 $117,100 $113,647 $117,100
2016 $111,984 $113,512 $111,984 $113,512
2015 $110,847 $111,518 $109,134 $111,518
2014 $111,102 $111,590 $111,102 $113,210
2013 $105,976 $110,771 $105,976 $111,522
2012 $105,320 $105,694 $105,320 $105,818

Questions & Answers about the Lake City Housing Market Forecast

How much does an average home cost in Lake City today?

The value of an average home (the listing price) in Lake City is $186,040 USD.

What is the average price per square foot in Lake City?

According to Walletinvestor the median price per square foot in Lake City is 103 USD.

Will the median listing price of homes in Lake City grow / rise / go up?

Yes. The Lake City home prices may rise from 186,040 USD to 217,025 USD in one year.

Is it profitable to invest in Lake City homes?

Yes. The long-term profit potential is +16.66% in one year.

Will Lake City house prices fall / drop?

No. See above.

What is the predicted price of a Lake City home in 2030?

The predicted home sales price of a Lake City home in 2030 in Lake City is 245,016 USD.

What is the predicted price of a Lake City home in 2035?

The predicted home sales price of a Lake City home in 2035 in Lake City is 312,559 USD.

Will real estate prices decrease in Lake City?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Lake City is the 9700. largest city in the United States, located in Pennsylvania State.

During the last 12 months the real estate prices in Erie, Lake City decreased, looking at the past 12 months.

According to Walletinvestor's Lake City real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.495% to 186,040 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 16.005% in 2021
  • 15.925% in 2022
  • 18.205% in 2023
  • 14.815% in 2024
  • 17.735% in 2025
  • 17.005% in 2026

Based on our Lake City real estate market research and report the predicted sales prices will increase by 366.702% in the next 10 years.

Over the last 12 months, the value of homes in Lake City fluctuated: increasing 4 times .

Lake City (Pennsylvania) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Lake City Housing Market Forecast with Real Estate Prices for 2025
August 2025 207357 196575 218140
September 2025 208583 190227 226938
October 2025 209815 191141 228489
November 2025 211055 197969 224140
December 2025 212302 193832 230772
Lake City Housing Market Forecast with Real Estate Prices for 2026
January 2026 212654 198193 227114
February 2026 212491 196767 228216
March 2026 212430 198622 226238
April 2026 213223 198724 227722
May 2026 214483 197968 230998
June 2026 215751 198706 232795
July 2026 217025 202051 232000
August 2026 218308 196477 240139
September 2026 219598 201810 237385
October 2026 220895 198806 242985
November 2026 221800 200285 243314
December 2026 221679 208822 234537
Lake City Housing Market Forecast with Real Estate Prices for 2027
January 2027 221136 199465 242808
February 2027 221579 202967 240192
March 2027 222727 208695 236759
April 2027 223787 207898 239676
May 2027 224750 208119 241382
June 2027 225008 202732 247284
July 2027 225191 206275 244107
August 2027 225458 209451 241466
September 2027 226791 208421 245161
October 2027 228131 212846 243415
November 2027 229479 215480 243477
December 2027 230835 211445 250225
Lake City Housing Market Forecast with Real Estate Prices for 2028
January 2028 231694 218488 244901
February 2028 231966 211553 252379
March 2028 231816 218139 245493
April 2028 231375 213096 249653
May 2028 230658 217049 244267
June 2028 230667 208753 252580
July 2028 231646 211029 252262
August 2028 233014 219267 246762
September 2028 234387 218448 250325
October 2028 235594 216040 255149
November 2028 236429 219642 253215
December 2028 236696 224387 249004
Lake City Housing Market Forecast with Real Estate Prices for 2029
January 2029 237033 221626 252441
February 2029 238150 218622 257679
March 2029 239558 219674 259441
April 2029 240973 224346 257600
May 2029 242397 227853 256941
June 2029 243745 224245 263244
July 2029 245016 228110 261922
August 2029 246463 225021 267906
September 2029 247920 228086 267753
October 2029 249385 230432 268338
November 2029 250858 228783 272934
December 2029 252341 228873 275808
Lake City Housing Market Forecast with Real Estate Prices for 2030
January 2030 253832 237079 270585
February 2030 255332 239501 271162
March 2030 256841 236550 277131
April 2030 258358 239756 276960
May 2030 258786 245070 272502
June 2030 258588 243849 273328
July 2030 258514 243262 273767
August 2030 259479 243911 275048
September 2030 261013 243003 279022
October 2030 262555 241550 283559
November 2030 264106 242714 285499
December 2030 265667 245476 285858
Lake City Housing Market Forecast with Real Estate Prices for 2031
January 2031 267237 244254 290219
February 2031 268816 248655 288977
March 2031 269916 246164 293669
April 2031 269770 246300 293240
May 2031 269109 255115 283103
June 2031 269648 245650 293647
July 2031 271045 253698 288391
August 2031 272335 254905 289764
September 2031 273507 252721 294294
October 2031 273821 257118 290524
November 2031 274044 247462 300626
December 2031 274369 248304 300434
Lake City Housing Market Forecast with Real Estate Prices for 2032
January 2032 275990 250599 301381
February 2032 277621 252080 303162
March 2032 279261 258037 300485
April 2032 280911 259000 302823
May 2032 281957 265322 298593
June 2032 282289 261964 302613
July 2032 282106 258127 306085

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.