Zip lookup · PA

16423
Lake City, Pennsylvania.

Lake City, Erie County, PA · Erie, PA metro · population 3,857

What it costs per month · 16423 $1,105/mo

to buy the typical home at today's mortgage rate — +$628 (+132%) since Jan 2020.

What the home itself did
1 year
Up $6,726 +3%
$203,777$210,502 since Sep 2025
5 years
Up $56,419 +37%
$154,083$210,502 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 16423 $1,105 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 16423$1,105
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 11 years.

Typical home values in zip 16423 rose 3.3% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Lake City, PA — measured over the city limits, which is a different area from this zip.

Typical home value $210,502 as of Sep 2026
+3.3%year on year

Typical home value — 16423

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 16423 $210,502 Erie $222,048 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 16423$210,502
  • Erie$222,048
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
3.7 16417 Girard 8,599 — $227,568
4.0 16430 North Springfield 148 — $199,908
5.9 16415 Fairview 10,104 $2,272 $378,707
6.2 16411 East Springfield 1,325 — $200,736
7.1 16410 Cranesville 1,931 — $239,962
9.0 16443 West Springfield 1,196 — $219,523
10.1 16401 Albion 3,744 — $202,003
10.1 16506 Erie 24,070 $1,605 $292,806
10.8 16426 McKean 3,273 — $308,259
12.3 16505 Erie 15,270 $1,188 $255,685
13.2 16412 Edinboro 9,612 — $295,825
13.9 16502 Erie 15,995 $972 $124,517
13.9 16508 Erie 14,958 $1,089 $169,061
13.9 16435 Springboro 1,677 — $181,346
14.8 16501 Erie 2,022 $795 —
14.8 44030 Conneaut 16,191 — $154,319
15.4 16507 Erie 8,597 $1,109 $98,381
15.6 16509 Erie 28,595 $1,222 $271,764
16.3 16503 Erie 15,753 $866 $68,977
16.3 16504 Erie 15,931 $1,206 $154,085
18.6 16406 Conneautville 3,388 — $199,570
18.9 16441 Waterford 9,134 — $310,079
19.0 44068 North Kingsville 167 — $192,709
19.4 16440 Venango 787 — $180,853
19.5 44048 Kingsville 2,369 — $221,565

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.