Lancaster, PA metro area Housing Market
Hot MarketComprehensive housing market data for the Lancaster, PA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$322K
↓ 4.0% YoY
Days on Market
16 days
↓ 11.1% YoY
Active Inventory
433
↓ 5.0% YoY
Homes Sold
310
↓ 20.5% YoY
Hot Market
Homes are selling quickly with strong competition among buyers.
Lancaster, PA metro area Market Summary
The Lancaster, PA metro area housing market is heating up. As of January 2026, the median home sale price is $322K, down 4.0% year-over-year. Homes are spending a median of 16 days on the market, 11.1% shorter than a year ago.
There are 433 homes for sale — 5.0% fewer than last year. With 1.4 months of supply, this is a seller's market. 347 new listings were added during this period, down 3.3% year-over-year.
Homes are selling for 100.7% of their list price on average, indicating buyers are paying above asking. 32.6% of homes sell above their asking price. 27.5% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
45
Contributing Factors
How This Market Compares
vs. National Median
vs. Pennsylvania Median
Investor Takeaway
This is a highly competitive market. Be prepared to move quickly and potentially offer above asking price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 24% below the national median, which could indicate stronger cash flow potential.
Lancaster, PA metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$340K
Price per Sq Ft
$195
Sale-to-List Ratio
100.7%
Months of Supply
1.4
Sold Above List
32.6%
Price Drops
27.5%
New Listings
347
↓ 3.3% YoY
Pending Sales
343
Off Market in 2 Weeks
54.5%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.