Lancaster - PA housing market
The Lancaster metro has a typical home value of $392,781, up 4.7% from a year ago. Homes are moving fast at 5 days on market, a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($392,781) is the Zillow Home Value Index for the Lancaster - PA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 4.7% over the past year. In Lancaster - PA, that means a home worth $375,149 last year is now worth roughly $392,781.
The median sale price , what homes actually close for , is $351,996. Homes are selling at 102.0% of list price, meaning buyers are typically paying at or above asking.
Homes listed in Lancaster - PA sit on the market for roughly 5 days before going pending. Shorter = seller's market; longer = buyer's market.
About 18.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 475 new listings hit the market each month in Lancaster - PA. There are currently 750 homes for sale, up 6.4% from a year ago.
The typical monthly rent in Lancaster - PA is $1,533, up 3.7% year over year. For investors, the price-to-rent ratio here is roughly 21x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in PA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Philadelphia - PA | $394,762 | +2.5% | 10.0d |
| Pittsburgh - PA | $235,539 | +0.6% | 9.0d |
| Allentown - PA | $370,184 | +3.2% | 8.0d |
| Harrisburg - PA | $314,931 | +3.3% | 7.0d |
| Scranton - PA | $236,367 | +1.4% | 13.0d |
| York - PA | $313,193 | +3.3% | 6.0d |