Is Lake City, PA 16423 a buyer’s or seller’s market?
Lake City is a seller’s market. With about 1.3 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.3Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market7Listing to accepted offer
Median price per sq ft$164▼ −0.6% vs. last year
Run the numbers for 16423
Nearby markets
Albion 16401Seller’s market $123 /sq ftCorry 16407Seller’s market $97 /sq ftCranesville 16410Seller’s market $160 /sq ftEast Springfield 16411Seller’s market $96 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology