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Today: September 22, 2025

Current Price

$186,040

1 Month Forecast

$207,348

1-Year Forecast *

$220,193

5-Year Forecast *

$262,648

"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 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lake City" area is 262,648 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +41.18% meaning that investing 100000 USD today may yield a profit of 41,178 USD by 2030.

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: 2025-2031

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: $220,193* (upside of 18.4%)

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 $105,284 $105,694 $105,181 $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 220,193 USD in one year.

Is it profitable to invest in Lake City homes?

Yes. The long-term profit potential is +18.36% 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 262,648 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 334,648 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 increased, 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 increased by 2.476% to 186,040 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 19.698% in 2020
  • 17.338% in 2021
  • 19.588% in 2022
  • 17.878% in 2023
  • 18.438% in 2024
  • 19.428% in 2025

Based on our Lake City real estate market research and report the predicted sales prices will increase by 439.464% in the next 10 years.

Over the last 12 months, the value of homes in Lake City fluctuated: increasing 10 times .

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

Below you will find the price predictions for 2025, 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 207348 187235 227460
September 2025 208563 189792 227334
October 2025 209786 191744 227827
November 2025 211016 192657 229374
December 2025 212253 199730 224776
Lake City Housing Market Forecast with Real Estate Prices for 2026
January 2026 213497 201541 225453
February 2026 214749 204011 225486
March 2026 216007 204775 227240
April 2026 217274 205758 228789
May 2026 218547 200845 236250
June 2026 219829 198505 241152
July 2026 220193 209183 231202
August 2026 220025 204183 235866
September 2026 219962 205004 234919
October 2026 220782 198704 242861
November 2026 222077 204311 239843
December 2026 223379 201041 245717
Lake City Housing Market Forecast with Real Estate Prices for 2027
January 2027 224688 210982 238394
February 2027 226005 210411 241600
March 2027 227330 212326 242334
April 2027 228663 214029 243297
May 2027 229599 210083 249115
June 2027 229474 209051 249898
July 2027 228912 217238 240587
August 2027 229371 208269 250473
September 2027 230559 211653 249465
October 2027 231656 219842 243471
November 2027 232653 219857 245449
December 2027 232920 209628 256213
Lake City Housing Market Forecast with Real Estate Prices for 2028
January 2028 233110 210032 256188
February 2028 233386 219383 247389
March 2028 234754 216444 253065
April 2028 236131 217240 255021
May 2028 237515 220889 254141
June 2028 238907 225767 252047
July 2028 239797 218215 261379
August 2028 240079 216551 263606
September 2028 239923 216410 263435
October 2028 239466 221027 257905
November 2028 238787 218729 258845
December 2028 238796 226617 250974
Lake City Housing Market Forecast with Real Estate Prices for 2029
January 2029 239809 217027 262591
February 2029 241215 220953 261477
March 2029 242629 219094 266164
April 2029 243879 227295 260463
May 2029 244743 225653 263833
June 2029 245019 228848 261190
July 2029 245369 227457 263281
August 2029 246525 225324 267726
September 2029 247970 225653 270287
October 2029 249424 235456 263392
November 2029 250886 234077 267695
December 2029 252281 227053 277509
Lake City Housing Market Forecast with Real Estate Prices for 2030
January 2030 253596 238381 268812
February 2030 255083 236207 273959
March 2030 256578 241953 271203
April 2030 258083 232274 283891
May 2030 259596 244279 274912
June 2030 261117 236572 285662
July 2030 262648 240060 285236
August 2030 264188 242260 286115
September 2030 265737 241289 290184
October 2030 267294 252861 281728
November 2030 268861 254074 283649
December 2030 270438 243935 296940
Lake City Housing Market Forecast with Real Estate Prices for 2031
January 2031 272023 247813 296233
February 2031 273618 254191 293044
March 2031 275222 261461 288983
April 2031 276835 261055 292615
May 2031 277293 249841 304746
June 2031 277082 249928 304236
July 2031 277002 252349 301656
August 2031 278036 253569 302503
September 2031 279666 257013 302319
October 2031 281306 254019 308592
November 2031 282955 260884 305025
December 2031 284614 261844 307383
Lake City Housing Market Forecast with Real Estate Prices for 2032
January 2032 286282 260803 311761
February 2032 287960 270683 305238
March 2032 289139 273526 304753
April 2032 288982 267887 310078
May 2032 288274 273572 302976
June 2032 288852 270077 307627
July 2032 290348 271765 308930
August 2032 291730 275393 308066
September 2032 292986 265738 320233
October 2032 293322 272789 313854
November 2032 293560 271250 315871
December 2032 293908 268338 319479
Lake City Housing Market Forecast with Real Estate Prices for 2033
January 2033 295631 270207 321056
February 2033 297365 273278 321451
March 2033 299108 279965 318251
April 2033 300861 274686 327036
May 2033 301981 282353 321610
June 2033 302336 276335 328337
July 2033 302140 285522 318758

> 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.