Lancaster County Home Prices & Values

$173,800 Zillow Home Value Index What's This?  
Close

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.6% 1-year change
  • -0.3% 1-year forecast

The median home value in Lancaster County is $173,800. Lancaster County home values have gone up 0.6% over the past year and Zillow predicts they will fall -0.3% within the next year. The median list price per square foot in Lancaster County is $122, which is the same as the Lancaster Metro average of $122. The median price of homes currently listed in Lancaster County is $214,990 while the median price of homes that sold is $165,750. The median rent price in Lancaster County is $895, which is the same as the Lancaster Metro median of $895.

Foreclosures will be a factor impacting home values in the next several years. In Lancaster County 4.2 homes are foreclosed (per 10,000). This is the same as the Lancaster Metro value of 4.2 and also lower than the national value of 4.8

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lancaster County is 5.8%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Lancaster County homeowners underwater on their mortgage is 12.5%, which is the same as Lancaster Metro at 12.5%.

more
Relative ZHVI
- +

Lancaster County Market Overview

Data through May 31, 2014
  • $173,800 ZHVI
  • -0.3% 1-yr forecast What's This?  
    Close

    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $214,990 Median listing price
  • $165,750 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading

Lancaster County Market Health

Data through May 31, 2014
  • 4.4/10 Less healthy What's This?  
    Close

    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • 136 Average of days on Zillow (Apr 30, 2014)
  • 12.5% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 5.8% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

4.2 homes Lancaster County
4.2 homes Lancaster Metro
4.8 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading

Cities in Lancaster County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
West Lampeter $219,900 Pequea Township $205,000 Strasburg Township $193,000
Manheim Township $191,500 Willow Street $185,400 East Lampeter Township $179,700
Leacock-Leola-Bareville $177,500 West Earl Township $173,300 Lancaster Township $93,000

Listings & Sales

Data through May 31, 2014
  • $122 Median list price / sq ft
  • $115 Median sale price / sq ft
  • 26.7% Listings with price cut
24.1%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading

Lancaster County Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,118 Lancaster County
$1,118 Lancaster Metro
$1,310 United States
  • 5.0 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $895 Rent list price
  • $0.79 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading