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Housing in Lancaster

728 homes sold in Lancaster in the last year, at a typical $258K

Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lancaster homes are listed.

Homes sold
728
June 2025 to May 2026
Typical sale price
$258K
houses $304K · condos $334K
Price per square foot
$178
Pennsylvania $185
Paid vs. asking
100%
33% sold over asking
For sale now
102
May 2026 · 67 sold that month
What sold · last 12 months

5% of Lancaster’s sales are condos, at $30K more than a house

73 houses and 36 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$304K

typical sale · 73 sold in 12 months

Per square foot
$194PA $183
Days to sell
23
Sold over asking
32%
Listings with a price cut
34%
Condos$334K

typical sale · 36 sold in 12 months

Per square foot
$274PA $261
Days to sell
211
Sold over asking
25%
Listings with a price cut
42%
Fewer sales

Multi-family (2–4 units): 65 sold, typical $352K
Townhouses: 554 sold, typical $246K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.4 times the 2016 price

728 sales in the last year, against 1,069 in 2021 and a low of 682 in 2012. The typical sale went from $108K in 2016 to $258K.

Homes soldTypical sale price
02755508251100$75K$150K$225K$300K2012: 682 sold, typical $96K’122013: 741 sold, typical $102K2014: 719 sold, typical $103K’142015: 753 sold, typical $102K2016: 844 sold, typical $108K’162017: 940 sold, typical $115K2018: 948 sold, typical $128K’182019: 919 sold, typical $149K2020: 908 sold, typical $167K’202021: 1069 sold, typical $189K2022: 895 sold, typical $221K’222023: 727 sold, typical $224K2024: 703 sold, typical $237K’242025: 721 sold, typical $258KLast 12 months: 728 sold, typical $258KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Lancaster

Houseat $194 a sq ft
Condoat $274 a sq ft
The same money in Pennsylvaniaat $183 a sq ft

Is this asking price fair?

Check a listing against what Lancaster homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Lancaster are more common than before the pandemic, but 55% fewer homes come up for sale

We read every month of Lancaster’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 728 sales.

If you’re buying in Lancaster

  • Shop in August. It brings about 90 new listings a month, close to the busiest month, with fewer bidding wars (21% over asking).
  • You can negotiate. 38% of listings have cut their price, against 27% before the pandemic.
  • Bid near asking. Buyers paid 100% of the list price on average; 33% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; fall brings the bidding wars

May has the most new listings (about 96 a month), but September is the most competitive: 26% of September sales close over asking. July and August offer nearly as much choice with fewer homes bid up (24%). January has the least competition (16%).

New listings a monthShare sold over asking
025507510013%27%40%Sweet spotJan: 63 new listings a month, 16% sold over asking, 48 days to sellJFeb: 66 new listings a month, 20% sold over asking, 47 days to sellFMar: 85 new listings a month, 21% sold over asking, 47 days to sellMApr: 91 new listings a month, 25% sold over asking, 36 days to sellAMay: 96 new listings a month, 24% sold over asking, 36 days to sellMJun: 91 new listings a month, 25% sold over asking, 32 days to sellJJul: 89 new listings a month, 24% sold over asking, 29 days to sellJAug: 90 new listings a month, 21% sold over asking, 36 days to sellASep: 86 new listings a month, 26% sold over asking, 34 days to sellSOct: 94 new listings a month, 22% sold over asking, 34 days to sellONov: 68 new listings a month, 22% sold over asking, 33 days to sellNDec: 52 new listings a month, 21% sold over asking, 34 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Pennsylvania as a whole

Lancaster now2017–192021 peakPA now
Sold over askingShare of sales that closed above the list price33%16%25%33%
Gone within two weeksShare of homes under contract within 14 days50%22%60%46%
Listings with a price cutShare of homes for sale that cut their price38%27%34%26%
Price paid vs. askingAverage sale price ÷ list price100%97.4%99.4%98.9%
Days to sellMedian days from listing to contract18481237
Supply

100 homes for sale on a typical day

That’s 1.5 times the 2023 low (66), 55% fewer than in 2017–19 and well under 2012’s 451.

2012: 451 for sale’122013: 444 for sale2014: 428 for sale2015: 406 for sale’152016: 336 for sale2017: 273 for sale2018: 222 for sale’182019: 172 for sale2020: 120 for sale2021: 102 for sale’212022: 85 for sale2023: 66 for sale2024: 69 for sale’242025: 99 for saleLast 12 months: 100 for saleNow
Room to negotiate

1 in 3 listings has cut its price

38% in the last year, against 27% in 2017–19 and 26% across Pennsylvania. More sellers are pricing high and coming down.

2018: 23%’182019: 28%2020: 26%2021: 34%’212022: 37%2023: 37%2024: 40%’242025: 40%Last 12 months: 38%Now
Prices by type

Since 2019, houses are up 39%, condos 43%

A house typically sold for $304K in the last year (73 sales), a condo for $334K (36).

$175K$250K$325K$400K2013201520172019202120232025NowHouses 2013: $173K, 154 salesHouses 2014: $188K, 134 salesHouses 2015: $201K, 143 salesHouses 2016: $189K, 158 salesHouses 2017: $173K, 146 salesHouses 2018: $201K, 119 salesHouses 2019: $218K, 130 salesHouses 2020: $241K, 121 salesHouses 2021: $257K, 134 salesHouses 2022: $293K, 113 salesHouses 2023: $280K, 67 salesHouses 2024: $307K, 72 salesHouses 2025: $335K, 81 salesHouses last 12 months: $304K, 73 salesHouses $304KCondos 2013: $122K, 18 salesCondos 2014: $160K, 29 salesCondos 2015: $117K, 30 salesCondos 2016: $147K, 20 salesCondos 2017: $204K, 41 salesCondos 2018: $235K, 30 salesCondos 2019: $234K, 30 salesCondos 2020: $358K, 33 salesCondos 2021: $276K, 36 salesCondos 2022: $314K, 31 salesCondos 2023: $291K, 30 salesCondos 2024: $337K, 26 salesCondos 2025: $351K, 34 salesCondos last 12 months: $334K, 36 salesCondos $334K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Pennsylvania

Lancaster ranks 138th of 261 busy Pennsylvania markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Lancaster is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lancaster home costs about $1,680 a month

Mortgage
Property tax
Insurance
Rent

Price: Lancaster’s typical sale, last 12 months. Property tax at Lancaster’s 1.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lancaster is affordable on local pay is on Cost of living.

Before you buy in Lancaster

Six things worth knowing

96

New listings in May

The month with the most choice. December has the fewest, about 52.

Best time to buy
1.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $258K home, about $4,000 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Lancaster, from test results, graduation and how much students grow.

Schools in Lancaster
24 min

Typical commute

The average one-way trip to work for people who live in Lancaster.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Lampeter for far more

The busier markets within 25 miles of Lancaster, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lancaster728$258K$17833%18
Millersville69$367K$19635%20
Manheim Township66$285K$17432%30
Willow Street62$361K$22144%10
East Petersburg48$336K$21262%7
Mountville47$327K$17349%22
Lampeter25$492K$22432%15

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lancaster, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lancaster. People who follow the town see it, and so do people comparing Lancaster with their own town. No commission, no listing fee.

Questions about buying a home in Lancaster

What do homes sell for in Lancaster, PA?

728 homes sold in the year to May 2026 at a typical $258K, $178 a square foot. Houses sold for about $304K, condos for about $334K.

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

A seller’s market: 102 homes were for sale in May 2026 and 67 sold, about 1.5 months of supply. Buyers paid 100% of asking on average, and 38% of listings cut their price.

When is the best time to buy in Lancaster?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lancaster?

About 1.6% of a home’s value a year. On a $258K home that’s near $4,000.

Where can I see homes for sale in Lancaster?

Zillow, Redfin, Realtor.com and Homes.com all carry Lancaster’s MLS listings; the search links above open each one filtered to Lancaster.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).