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Lancaster, PA Real Estate & Property Data

Lancaster Real Estate Market Trends

Last Updated: April 16, 2024

Accurate and comprehensive real estate data is critical for insight into Lancaster, PA. ATTOM’s Lancaster real estate data is updated daily, and current market trends show that in Lancaster, PA a total of 2,197 residential properties have sold over the past year. With a median home price of $341,277 in Lancaster and a total of 13 foreclosures. Get detailed property data for Lancaster, PA instantly. ATTOM is your one-stop-shop for the Lancaster property reports and real estate data you need in Lancaster, PA.

Lancaster Real Estate Market Trends

Get property data for any address in Lancaster, PA or the country:

Total Residential Properties 50,576

Total Commercial Properties 3,179

Avg. Home Age (Single Family Home) 53 Years

Avg. Square Feet (Single Family Home) 1,919

Total 2024 Residential Sales (year-to-date) 274

% of Homes Seriously Underwater (Q2 2024) 1.52%

Total 2023 Residential Sales 2,073

% of Equity Rich Homes (Q2 2024) 49.42%

Effective 2023 Property Tax 1.35%

Total Foreclosure Filings (year-to-date) 25

Lancaster, PA Real Estate Overview

There were 2,197 residential properties sold in the past year in Lancaster, PA. The median home value in Lancaster, PA is $325,750. There are a total of 50,576 residential properties in the Lancaster.

Median Sales Price i

$341,277

(Feb 2024)

+8.3%

year-over-year

y-o-y

February '24 Feb '24 $341,277
January '24 Jan '24 $332,500
December '23 Dec '23 $350,000
November '23 Nov '23 $377,500
October '23 Oct '23 $349,900
September '23 Sep '23 $365,000
August '23 Aug '23 $355,500
July '23 Jul '23 $331,000
June '23 Jun '23 $327,450
May '23 May '23 $325,000
April '23 Apr '23 $300,000
March '23 Mar '23 $337,450

Median Down Payment i

$40,000

(Feb 2024)

-8.6%

year-over-year

y-o-y

February '24 Feb '24 $40,000
January '24 Jan '24 $41,500
December '23 Dec '23 $52,600
November '23 Nov '23 $66,700
October '23 Oct '23 $64,000
September '23 Sep '23 $46,250
August '23 Aug '23 $63,812
July '23 Jul '23 $49,800
June '23 Jun '23 $58,800
May '23 May '23 $44,025
April '23 Apr '23 $54,600
March '23 Mar '23 $35,000

Number of Homes Sold i

126

(Feb 2024)

+15.6%

year-over-year

y-o-y

February '24 Feb '24 126
January '24 Jan '24 148
December '23 Dec '23 134
November '23 Nov '23 162
October '23 Oct '23 190
September '23 Sep '23 194
August '23 Aug '23 214
July '23 Jul '23 170
June '23 Jun '23 207
May '23 May '23 187
April '23 Apr '23 164
March '23 Mar '23 192

Number of Purchase Loans i

86

(Feb 2024)

+26.5%

year-over-year

y-o-y

February '24 Feb '24 86
January '24 Jan '24 103
December '23 Dec '23 92
November '23 Nov '23 101
October '23 Oct '23 118
September '23 Sep '23 114
August '23 Aug '23 141
July '23 Jul '23 89
June '23 Jun '23 111
May '23 May '23 179
April '23 Apr '23 89
March '23 Mar '23 95

Number of REFI Loans i

62

(Feb 2024)

+6.9%

year-over-year

y-o-y

February '24 Feb '24 62
January '24 Jan '24 85
December '23 Dec '23 62
November '23 Nov '23 63
October '23 Oct '23 81
September '23 Sep '23 76
August '23 Aug '23 92
July '23 Jul '23 44
June '23 Jun '23 51
May '23 May '23 86
April '23 Apr '23 49
March '23 Mar '23 96

Number of HELOC Loans i

80

(Feb 2024)

-20.8%

year-over-year

y-o-y

February '24 Feb '24 80
January '24 Jan '24 72
December '23 Dec '23 44
November '23 Nov '23 60
October '23 Oct '23 93
September '23 Sep '23 73
August '23 Aug '23 58
July '23 Jul '23 36
June '23 Jun '23 67
May '23 May '23 77
April '23 Apr '23 59
March '23 Mar '23 80

Lancaster, PA Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value
Zip
Median Est. Value

17601
$325,750 $169.73/sqft
17602
$295,203 $159.1/sqft
17603
$290,250 $159.52/sqft

Lancaster, PA Foreclosure Activity

There were a total of 13 Lancaster, PA properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

13

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 12
December '23 Dec '23 13
November '23 Nov '23 24
October '23 Oct '23 13
September '23 Sep '23 19
August '23 Aug '23 14
July '23 Jul '23 11
June '23 Jun '23 19
May '23 May '23 12
April '23 Apr '23 16
March '23 Mar '23 9

Foreclosure Starts i

10

(Feb 2024)

-16.7%

year-over-year

y-o-y

February '24 Feb '24 10
January '24 Jan '24 6
December '23 Dec '23 13
November '23 Nov '23 17
October '23 Oct '23 6
September '23 Sep '23 17
August '23 Aug '23 9
July '23 Jul '23 10
June '23 Jun '23 11
May '23 May '23 12
April '23 Apr '23 14
March '23 Mar '23 9

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 2
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 7
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 3
March '23 Mar '23 N/A

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