Home Values

Lancaster 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

$96,200

  • 0.7% 1-year change
  • 2.3% 1-year forecast

The median home value in Lancaster Township is $96,200. Lancaster Township home values have gone up 0.7% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in Lancaster Township is None. The median rent price in Lancaster Township is $850, which is lower than the Lancaster Metro median of $895.

Foreclosures will be a factor impacting home values in the next several years. In Lancaster Township 9.4 homes are foreclosed (per 10,000). This is greater than the Lancaster Metro value of 5.0 and also greater than the national value of 3.9

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 Township is 5.1%, which is lower than the national value of 6.3%. 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 Township homeowners underwater on their mortgage is 16.7%, which is higher than Lancaster Metro at 13.2%.

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Relative ZHVI
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Lancaster Township Market Overview

Data through Apr 30, 2015
  • $96,200 ZHVI
  • 2.3% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $96,242 Median sale price
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Lancaster Township Market Health

Data through Apr 30, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • 16.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

9.4 homes Lancaster Township
5 homes Lancaster Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
East Hempfield Township $229,300
West Lampeter $219,900
Pequea Township $205,000
Name Median ZHVI
Manheim Township $191,500
Willow Street $185,400
East Lampeter Township $179,700
Name Median ZHVI
Lititz $161,300
East Petersburg $155,000
Millersville $154,200

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $75 Median sale price / sq ft
  • No data Listings with price cut
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Lancaster Township Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $941 Lancaster Township
    $1,090 Lancaster Metro
    $1,364 United States

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

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $850 Rent list price
  • $0.78 Rent list price / sq ft
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