Zip 16316 (Conneaut Lakeshore, PA) Housing

The housing median value in 16316 Conneaut Lakeshore, PA is $179,300, which is significantly lower than the US house median value of $338,100. Nevertheless, the 1 year house appreciation in 16316 Conneaut Lakeshore, PA is 10.35%, which is higher than the US average of 8.27%. This indicates that the housing market in this area has been steadily appreciating and remains a good investment opportunity for buyers.

The median home cost in Conneaut Lakeshore (zip 16316) is $179,300. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Conneaut Lakeshore (zip 16316) is up 14.3%.

Average Age of Homes

- The median age of Conneaut Lakeshore (zip 16316) real estate is 51 years old

The Rental Market in Conneaut Lakeshore (zip 16316)

- Renters make up 11.9% of the Conneaut Lakeshore (zip 16316) population
- 0.5% of houses and apartments in Conneaut Lakeshore (zip 16316), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Conneaut Lakeshore, Pennsylvania	United States
	3,479.0	139,647,020.0
	52	42
	$179,300	$338,100
	14.3%	16.6%
	43.1%	57.0%
	51.5%	101.1%
	$16.27	$10.98
	$2,281	$2,690
	51.5%	57.4%
	39.5%	11.2%
	9.0%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	2.5%	0.4%
	33.3%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	5.1%	2.6%
	2.8%	2.4%
	2.8%	2.8%
	11.9%	3.9%
	8.6%	4.5%
	22.6%	11.3%
	15.6%	13.0%
	17.1%	20.1%
	3.2%	13.6%
	2.1%	8.3%
	6.4%	9.7%
	1.2%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.9%	13.6%
	8.9%	13.6%
	14.0%	13.6%
	12.4%	13.2%
	11.8%	14.8%
	14.0%	13.6%
	14.3%	10.0%
	10.2%	4.7%
	17.6%	12.2%

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