Lancaster

Why you'd want to live in Lancaster

Lancaster is located in the south-central portion of Pennsylvania, situated near the Conestoga River in Lancaster County. The city is part of the Pennsylvania Dutch Country. The Amish community plays a major role in the county with agriculture, various cottage industries and tourism. Mennonite communities are also located in the area. The region is known for livestock, apples, grains and dairy products. The city contains a wide variety of architectural styles represented in its numerous historic buildings. History The town was created by English shires. William Penn played a significant role in establishing the city in 1683. Lancaster was recognized as a townstead in 1730 by the governor of Pennsylvania. The vast majority of the land during this period was the property of Andrew Hamilton. The Continental Congress held meetings in Lancaster in 1777 and it was the capital of the state of Pennsylvania from 1799 to 1813. John Wright named the town Lancaster in tribute to Lancaster, England where he earlier resided. The town became known as the "Red Rose City" due to its connection with Lancaster, England. The area became a chartered city in the year 1818. While the Revolutionary War was taking place, Lancaster served as the capital for the colonies and was a prominent munitions location.

Lancaster Market Report

$396,851

AVERAGE PRICE OF 842 HOMES

$758,207

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,458,865

AVERAGE PRICE OF 42 MULTI-MILLION DOLLAR HOMES

$490,776

AVERAGE PRICE OF 80 NEWLY BUILT HOMES

$820,113

AVERAGE PRICE OF 15 HOMES WITH A POOL

$285,201

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $396,851
Avg Bedrooms 2.31 beds
Avg Bathrooms 1.61 baths

Average Price by Bedrooms

1 bedroom $176,285
2 bedrooms $278,800
3 bedrooms $262,099
4 bedrooms $406,938
5 bedrooms $455,809
Lancaster Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 785 719 657 667 674
Average Price $394,284 $376,266 $355,524 $361,300 $366,099
Avg Price Change +4.79% +5.83% -1.62% -1.33% +1.12%
Median Price $249,859 $239,036 $225,629 $218,520 $224,585
Med Price Change +4.53% +5.94% +3.25% -2.78% -0.65%
Avg Bedrooms 2.2 beds 2.13 beds 2.05 beds 2.03 beds 2.03 beds
Avg Bathrooms 1.52 baths 1.48 baths 1.4 baths 1.35 baths 1.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hempfield 31 $359,719 52 days
Manheim Township 89 $566,453 243 days
McCaskey Campus 65 $297,604 99 days
McCaskey H.S. 46 $366,645 183 days
Penn Manor H.S. 18 $280,652 40 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 842 $396,851 155 days
Distressed Homes 6 $758,207 503 days
Multi-Million Dollar Homes 42 $2,458,865 330 days
Newly Built Homes 80 $490,776 207 days
Homes with a Pool 15 $820,113 35 days
Reduced Price Homes 20 $285,201 50 days
Keller Williams Keystone
Jeremy Tolley
1620 South Queen St
York, PA 17403
Cell: 717-814-7519
Office: 717-755-5599

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams Keystone participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2021 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: June 16, 2021 2 AM.
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