Lancaster, PA Housing Market & Real Estate

Strong seller's market-27.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Lancaster, PA is $225,000, down 27.4% year-over-year. Homes sell in an average of 10 days with 82 active listings. The market is currently a strong seller's market.

$225,000median sale price

Is Lancaster a buyer's or seller's market?

Strong seller's market1.9 months of supply10 avg. days on market

Lancaster, PA is currently a strong seller's market, based on 1.9 months of supply and homes selling in about 10 days. How we determine this →

Homes sold

44

Last 12 weeks

Days on market

10

Fast-moving

Active listings

82

1.9 months supply

Sale-to-list

100.4%

Above asking

Lancaster, PA market data

Current housing market statistics for Lancaster, PA
MetricValue
Median sale price$225,000
Median list price$262,450
Year-over-year price change-27.4%
Average days on market10 days
Active inventory82 listings
Months of supply1.9 months
Sale-to-list price ratio100.4%
Market conditionStrong seller's market

Source: Redfin · Updated weekly

The Lancaster housing market is currently classified as a strong seller's market with a median sale price of $225,000. Prices have fallen 27.4% compared to last year, with homes spending an average of 10 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Lancaster

There are currently 82 homes listed for sale in Lancaster, Pennsylvania. The median listing price is $262K. Featured listings range from $199,900 to $975,000.

2 bedroom townhouse for sale at 517 Manor St Lancaster 17603 - $199,900
New listing
4
$199,900

517 Manor St

Lancaster, PA 17603

2 bd1 ba902 sqft
Townhouse1,742 sqft lot
Est. $137KSold 2019 for $54K

Jason Bange · Iron Valley Real Estate of Lancaster

More about this property
3 bedroom townhouse for sale at 1218 Fremont St Lancaster 17603 - $254,995
New listing
23
$254,995

1218 Fremont St

Lancaster, PA 17603

3 bd1 ba1,102 sqft
Townhouse2,178 sqft lot
Est. $213KSold 2007 for $94K

Christopher Martin · Coldwell Banker Realty

More about this property
3 bedroom townhouse for sale at 235 Howard Ave Lancaster 17602 - $259,999
New listing
31
$259,999

235 Howard Ave

Lancaster, PA 17602

3 bd2 ba1,327 sqft
Townhouse1,307 sqft lot
Sold 2023 for $140K

Taylor McCartney · VRA Realty

More about this property
4 bedroom townhouse for sale at 617 E End Ave Lancaster 17602 - $299,900
New listing
44
$299,900

617 E End Ave

Lancaster, PA 17602

4 bd3 ba2,020 sqft
Townhouse1,742 sqft lot
Est. $283KSold 2019 for $211K

Brent Hostetter · Hostetter Realty LLC

More about this property
5 bedroom townhouse for sale at 429 Locust St Lancaster 17602 - $310,000
New listing
20
$310,000

429 Locust St

Lancaster, PA 17602

5 bd2 ba1,535 sqft
Townhouse1,307 sqft lot
Est. $229KSold 2018 for $120K

Richard Sachetta · Bold Realty

More about this property
multi-family for sale at 503-505 Manor St Lancaster 17603 - $364,900
New listing
23
$364,900

503-505 Manor St

Lancaster, PA 17603

2,056 sqft
Multi-family2,614 sqft lot

Mitchell Hershey · Keller Williams Elite

More about this property
3 bedroom townhouse for sale at 2451 Spring Water Cir Lancaster 17601 - $383,200
New build
$383,200

2451 Spring Water Cir

Lancaster, PA 17601

3 bd3 ba1,936 sqft
Townhouse825 sqft lot

Amy Danz · Coldwell Banker Realty

More about this property
2 bedroom condo for sale at 26 Midway Farms Ln Lancaster 17602 - $400,000
New listing
39
$400,000

26 Midway Farms Ln

Lancaster, PA 17602

2 bd2 ba2,088 sqft
Condo
Est. $360K

Joshua Bealing · Berkshire Hathaway HomeServices Homesale Realty

More about this property
2 bedroom condo for sale at 41 W Lemon St Apt 308 Lancaster 17603 - $429,900
New listing
2
$429,900

41 W Lemon St Apt 308

Lancaster, PA 17603

2 bd2 ba1,187 sqft
Condo
Est. $453KSold 2023 for $429K

Richard Boas Jr · Berkshire Hathaway HomeServices Homesale Realty

More about this property
2 bedroom condo for sale at 336 N Christian St Apt E Lancaster 17602 - $699,900
New listing
10
$699,900

336 N Christian St Apt E

Lancaster, PA 17602

2 bd3 ba2,102 sqft
Condo
Sold 2022 for $508K

Mick Kalata · Berkshire Hathaway HomeServices Homesale Realty

More about this property
4 bedroom house for sale at 1021 Steeplechase Dr Lancaster 17601 - $775,000
New listing
70
$775,000

1021 Steeplechase Dr

Lancaster, PA 17601

4 bd3 ba3,452 sqft
House27,007 sqft lot
Est. $703KSold 1990 for $60K

Donna Shaw · RE/MAX SmartHub Realty

More about this property
2 bedroom condo for sale at 101 N Queen St Ste 404 Lancaster 17603 - $975,000
New listing
30
$975,000

101 N Queen St Ste 404

Lancaster, PA 17603

2 bd3 ba1,974 sqft
Condo
Est. $965KSold 2020 for $795K

Anne Lusk · Lusk & Associates Sotheby's International Realty

More about this property

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Active listings

82

Homes on market

Median list price

$262K

Avg. days on market

10

Days until sale

New this week

66

Newly listed

Price drops:35.4%of listings
Sale-to-list:100.4%

Top public schools in Lancaster

37 schools tracked · 21,479 students

The largest public schools serving Lancaster, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

McCaskey Campus

Grades 9-12 · 2,642 students

Public

Manheim Twp HS

Grades 9-12 · 1,956 students

Public

Conestoga Valley SHS

Grades 9-12 · 1,296 students

Public

Landis Run Intermediate School

Grades 5-6 · 910 students

Public

Manheim Twp MS

Grades 7-8 · 902 students

Public

Gerald G Huesken MS

Grades 6-8 · 898 students

Public

Martin School

Grades PK-8 · 650 students

Public

Centerville MS

Grades 7-8 · 607 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Lancaster?

The median home sale price in Lancaster is $225,000, down 27.4% from last year.

How long do homes stay on market in Lancaster?

Homes typically spend 10 days on market before going under contract.

Is Lancaster a buyer's or seller's market?

With 1.9 months of supply, Lancaster is currently a strong seller's market.

How many homes are for sale in Lancaster?

There are currently 82 homes listed for sale in Lancaster, PA.

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