US5.com
  1. Home
  2. States
  3. Pennsylvania
  4. ZIP 16316
  5. Housing & Real Estate
Conneaut Lakeshore CDP, PA

ZIP 16316 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 16316

Median Home Value
$161,600
Median Rent
$701
Affordability Snapshot
$44,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,038/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 16316 in Conneaut Lakeshore CDP, PA, a household would need roughly $44,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,038. That sits below the local median household income ($64,906), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 37% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
78.2%+20% vs US avg
x
Vacancy Rate
36.9%+259% vs US avg
x
Broadband Access
87.6%+1% vs US avg
x
4+ Bedrooms
7.3%-51% vs US avg
x
Built Pre-1939
8.2%-36% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
10.0%-80% vs US avg
x
Mortgage-Free
47.8%+25% vs US avg
x
$161,600
Home Value
$701
Rent
1968
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached81.8%
  • 1-unit attached0.8%
  • 2-9 units9.2%
  • 10+ units2.5%
  • Mobile home & other5.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$161,600
Median rent$701
Owner-occupied78.2%
Vacant36.9%
Price-to-income2.5x
Est. income to buy$44,000