Home Values

East Lampeter Township Home Prices & Values

Zillow Home Value Index

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

$190,800

  • 6.1% 1-year change
  • 3.3% 1-year forecast

The median home value in East Lampeter Township is $190,800. East Lampeter Township home values have gone up 6.1% over the past year and Zillow predicts they will rise 3.3% within the next year. The median list price per square foot in East Lampeter Township is $130, which is higher than the Lancaster Metro average of $121. The median price of homes currently listed in East Lampeter Township is $239,598 while the median price of homes that sold is $169,315. The median rent price in East Lampeter Township 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 East Lampeter Township 2.6 homes are foreclosed (per 10,000). This is lower than the Lancaster Metro value of 4.3 and also lower than the national value of 4.2

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 East Lampeter Township is 0.0%, which is lower than the national value of 6.4%. 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 East Lampeter Township homeowners underwater on their mortgage is 7.6%, which is lower than Lancaster Metro at 12.1%.

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Relative ZHVI
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East Lampeter Township Market Overview

Data through Nov 30, 2014
  • $190,800 ZHVI
  • 3.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $239,598 Median listing price
  • $169,315 Median sale price (Sep 30, 2014)
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East Lampeter Township Market Health

Data through Nov 30, 2014
  • 8.8/10 Very healthy
    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.
  • No data Average days on Zillow
  • 7.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 0.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.6 homes(Sep 30, 2014) East Lampeter Township
4.3 homes Lancaster Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Leacock Township $243,400
West Lampeter $229,600
Pequea Township $212,300
Name Median ZHVI
Strasburg Township $205,000
Manheim Township $200,200
Willow Street $191,100
Name Median ZHVI
Leacock-Leola-Bareville $187,600
West Earl Township $185,700
Lancaster Township $95,700

Listings & Sales

Data through Nov 30, 2014
  • $130 Median list price / sq ft
  • $116 Median sale price / sq ft (Sep 30, 2014)
  • No data Listings with price cut
6.3%
Sold below listing
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East Lampeter Township Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,148 East Lampeter Township
    $1,110 Lancaster Metro
    $1,342 United States

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

  • 4.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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