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

$420,331

AVERAGE PRICE OF 525 HOMES

$227,227

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,265,900

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$574,896

AVERAGE PRICE OF 49 NEWLY BUILT HOMES

$508,500

AVERAGE PRICE OF 9 HOMES WITH A POOL

$421,507

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $420,331
Avg Bedrooms 2.05 beds
Avg Bathrooms 1.35 baths

Average Price by Bedrooms

1 bedroom $225,759
2 bedrooms $320,499
3 bedrooms $307,150
4 bedrooms $454,701
5 bedrooms $502,128
Lancaster Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 554 659 700 716 753
Average Price $454,103 $449,423 $438,631 $428,073 $427,176
Avg Price Change +1.04% +2.46% +2.47% +0.21% -0.14%
Median Price $292,422 $291,629 $279,912 $271,785 $277,537
Med Price Change +0.27% +4.19% +2.99% -2.12% -1.60%
Avg Bedrooms 2.06 beds 2.29 beds 2.32 beds 2.24 beds 2.3 beds
Avg Bathrooms 1.4 baths 1.56 baths 1.56 baths 1.52 baths 1.56 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Conestoga Valley 17 $620,309 141 days
Hempfield 12 $431,392 173 days
Manheim Township 40 $637,050 209 days
McCaskey Campus 42 $409,811 192 days
McCaskey H.S. 37 $377,989 117 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 525 $420,331 188 days
Distressed Homes 7 $227,227 127 days
Multi-Million Dollar Homes 30 $2,265,900 462 days
Newly Built Homes 49 $574,896 133 days
Homes with a Pool 9 $508,500 39 days
Reduced Price Homes 14 $421,507 66 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. © 2023 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: January 29, 2023 11 PM.
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