Lancaster County, PA Home Values & Market Trends

The median home price in Lancaster County, PA is $326,556.26. There were 5,879 home sales in Lancaster County, PA over the past 12 months. The median residential Lancaster County, PA home value for transactions over the previous year is $304,509.952. The number of current listings in Lancaster County, PA is 238, and the percentage of properties for sale is 238.00%. The county has 359 foreclosures, 1 bank owned properties, 92 headed for auction, and 238 properties for sale.

Lancaster County, PA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Lancaster

$ 282,450

$ 172/sqft

Akron

$ 946,062

$ 285/sqft

Lititz

$ 478,267

$ 178/sqft

Millersville

$ 510,000

$ 286/sqft

Ephrata

$ 314,560

$ 171/sqft

Narvon

$ --

$ --

Elizabethtown

$ 277,603

$ 160/sqft

Pequea

$ 378,594

$ 122/sqft

Columbia

$ 194,700

$ 102/sqft

East Earl

$ 462,750

$ 175/sqft

Mount Joy

$ 321,500

$ 202/sqft

Christiana

$ 341,304

$ 257/sqft

Manheim

$ 375,000

$ 220/sqft

Bird In Hand

$ 533,500

$ 149/sqft

New Holland

$ 395,726

$ 178/sqft

Gordonville

$ 1,088,263

$ 242/sqft

Strasburg

$ 333,844

$ 165/sqft

Gap

$ 350,000

$ 114/sqft

Bainbridge

$ 290,366

$ 200/sqft

Paradise

$ --

$ --

Denver

$ 447,821

$ 185/sqft

Peach Bottom

$ --

$ --

Willow Street

$ 485,119

$ 147/sqft

Drumore

$ --

$ --

Stevens

$ 289,750

$ 241/sqft

Smoketown

$ --

$ --

Leola

$ 343,282

$ 135/sqft

Washington Boro

$ --

$ --

East Petersburg

$ 275,000

$ 210/sqft

Terre Hill

$ --

$ --

Marietta

$ 459,000

$ 134/sqft

Adamstown

$ --

$ --

New Providence

$ 538,250

$ 215/sqft

Refton

$ --

$ --

Conestoga

$ 318,612

$ 194/sqft

Ronks

$ --

$ --

Quarryville

$ 608,058

$ 160/sqft

Kirkwood

$ --

$ --

Mountville

$ 381,176

$ 185/sqft

Maytown

$ --

$ --

Landisville

$ 516,030

$ 222/sqft

Kinzers

$ --

$ --

Reinholds

$ 396,956

$ 132/sqft

Brownstown

$ --

$ --

Holtwood

$ 300,912

$ 223/sqft

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Housing Market Summary for Lancaster County, PA

Apr 2023March 2024Change
Median Listing Price$309.9K$315.9K1.95%
Median Sold Price$289.6K$315.9K9.09%
Homes For Sale219195-10.96%
Homes Sold3,1112,994-3.76%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lancaster County, PA

Lancaster County, PA home values range from $20,682 to $86,127,673. Gordonville is the priciest city with a median listing home price of $950,000, and Bainbridge is most affordable with average house prices of around $187,500.

Foreclosure
There are 45 cities within Lancaster County, PA; within these cities, the median estimated home value for homes in foreclosure ranges from $513,756 in Lancaster to the lowest value of $86,896 in Lancaster. Foreclosure homes account for 0.00% of properties in Lancaster County, PA with Lancaster containing 121 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.17% of all residential properties in Lancaster County, PA with Lancaster containing 97 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 45 cities within Lancaster County, PA; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,852,214 in Gordonville to the lowest home value of $86,896 in Lancaster.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lancaster County, PA ranges from the highest value of $227,000 in Willow Street to the lowest value of $227,000 in Willow Street. Bank owned homes and properties account for 0.00% of properties in Lancaster County, PA. There are 45 cities within Lancaster County, PA; Willow Street containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Lancaster has 24 auction properties, the highest number of properties going to auction in a single city in the state of Lancaster County, PA. Auction homes and other auction properties account for 0.06% of all properties in Lancaster County, PA. There are 45 cities within Lancaster County, PA; of those cities, the median estimated home value for homes going to auction ranges from $568,225 in Kirkwood to the lowest value of $95,000 in Kirkwood.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.15% of residential properties in Lancaster County, PA with Lancaster containing 111 homes for sale, the highest number of listed properties in a single city. There are 45 cities within Lancaster County, PA; homes for sale in those cities, have a range of median values from $1,088,263 in Gordonville to the lowest value of $31,805 in Lancaster.
    Sold Homes
    The median value for recently sold homes ranges from $843,849 in Bird In Hand to the lowest price of $30,000 in Bird In Hand. There are 45 cities within Lancaster County, PA. Lancaster has 1092 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.97% of properties in Lancaster County, PA.

      Compare Nearby Cities

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      Guide for Lancaster County, PA

      Wholesaling
      Lincoln’s Real Estate Market Shows Strong Growth Trend from March 2023 to February 2024
      Market Reports
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      See More Articles
      Lincoln’s Real Estate Market Shows Strong Growth Trend from March 2023 to February 2024
      Wholesaling|posted 25 March 2024

      Lincoln, Nebraska’s real estate market has seen steady growth in average property values from March 2023 to February 2024. The market exhibits rising demand and prices, indicating there may be value buys available.

      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024

      Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.

      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.

      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws