Lancaster - PA housing market

The typical home value ($390,025) 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 4.6% over the past year. In Lancaster - PA, that means a home worth $372,873 last year is now worth roughly $390,025.

The median sale price, what homes actually close for, is $360,122. Homes are selling at 102.2% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Lancaster - PA sit on the market for roughly 6 days before going pending. Shorter = seller's market; longer = buyer's market.

About 21.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 471 new listings hit the market each month in Lancaster - PA. There are currently 782 homes for sale, up 8.0% from a year ago.

The typical monthly rent in Lancaster - PA is $1,558, up 4.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 20.9x, renting territory (#43 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $2,005 a month in principal and interest, $447 more than renting before taxes, insurance and upkeep. The two break even at a 4.38% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →