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📍 Conneaut Lake, PA · Zillow ZHVI · July 2026

Average Home Price in
Conneaut Lake, PA

Meadville, PA metro area · Crawford County County

Median Home Value
$230,928
↑ 7.4% year-over-year
vs. National Median
$410,000
Conneaut Lake is 44% below
Est. Monthly Payment
$1,204/mo
20% down · 6.8% rate
Income Needed
$61K
gross annual (30% rule)
Median Home Value
$230,928
↑ 7.4% year-over-year
Down Payment (20%)$46,186
Monthly P&I$1,204/mo
With Taxes & Ins.~$1,529/mo
Income Needed$61,160/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Conneaut Lake, PA

The median home value in Conneaut Lake, PA is $230,928 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.4% compared to a year ago and up 6.7% from two years prior.

Compared to the U.S. national median of $410,000, homes in Conneaut Lake are priced44% below average. Conneaut Lake is part of the Meadville, PA metro area.

City Comparison

Conneaut Lake vs. National Median

🏠 Conneaut Lake
$230,928
National Median
$410,000

At $230,928, homes in Conneaut Lake cost 44% below the national median of $410,000. This makes Conneaut Lake a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Conneaut Lake?

20% Down Payment
$46,186
on $230,928
Monthly P&I
$1,204/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,529/mo
incl. taxes & insurance
Income Needed
$61,160
gross annual (30% rule)
10% Down Option
$23,093
+ PMI applies
Loan Amount (20% dn)
$184,742
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Conneaut Lake, PA?
The median home value in Conneaut Lake is $230,928 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.4% year-over-year.
How much have home prices changed in Conneaut Lake?
Over the past year, home values in Conneaut Lake have increased by 7.4%.
How much do I need to earn to buy a home in Conneaut Lake?
To comfortably afford the median home price of $230,928 with a 20% down payment ($46,186) at today's rates (6.8%), you'd need a gross annual income of approximately $61,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Conneaut Lake compare to the national average home price?
The national median home value is approximately $410,000. At $230,928, homes in Conneaut Lake are 44% below the national average.
What metro area is Conneaut Lake part of?
Conneaut Lake is part of the Meadville, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.