The Lancaster market right now

Median sale price$365,000+4.3% on a year earlier
Typical home value (Zillow)$387,889+4.5% on a year earlier
Median days on market7+1 days on a year earlier
Sale price vs list price101.8%49% sold above list
Months of supply1.3under 3 favors sellers, over 6 favors buyers
Homes sold in the month425-11% on a year earlier
Listings with a price cut33%

Sales figures: Redfin Data Center, market tracker (Redfin, a national real estate brokerage), Lancaster, PA metro area, May 2026, all residential property types. Typical value: Zillow Home Value Index (ZHVI), Zillow Research, August 2026, mid-tier homes, seasonally adjusted. These are area-wide figures, not a value for any one home.

With about 1.3 months of supply, this is a market that leans toward sellers by the usual rule of thumb, and homes sold at or above their list price on average.

Median sale price in the Lancaster area, by month
$320K$340K$360K$380KMay 2024May 2025May 2026
Show the numbers
MonthMedian sale price
May 2026$365,000
Apr 2026$362,500
Mar 2026$349,900
Feb 2026$348,500
Jan 2026$322,000
Dec 2025$355,000
Nov 2025$350,000
Oct 2025$350,000
Sep 2025$367,270
Aug 2025$363,750
Jul 2025$360,000
Jun 2025$360,000
May 2025$349,950
Apr 2025$334,000
Mar 2025$330,500
Feb 2025$335,000
Jan 2025$335,000
Dec 2024$339,950
Nov 2024$337,500
Oct 2024$330,500
Sep 2024$340,000
Aug 2024$337,900
Jul 2024$341,000
Jun 2024$344,000
May 2024$325,000

Source: Redfin Data Center, Lancaster, PA metro area. Monthly figures, not seasonally adjusted, so some ups and downs are just the time of year.

What the metro area covers

The Census Bureau counts about 563,293 people in the Lancaster, PA metro area. Property taxes, recording fees and some transfer taxes are set county by county, so check the county your home is in.

CountyPopulation (2024 estimate)
Lancaster County, PA563,293

Towns with the most ZIP codes in the area: Lancaster, Ronks, Elizabethtown, Akron, Bainbridge, Bart, Bausman, Bird In Hand, Blue Ball, Bowmansville, Brownstown, Christiana.

Population and counties: U.S. Census Bureau, Vintage 2024 population estimates and 2023 metro delineations.

Pennsylvania rules that affect sellers

Transfer tax

Pennsylvania's realty transfer tax is 1 percent of the value of real estate transferred by deed, and buyer and seller are jointly liable for it. Municipalities and school districts add their own realty transfer tax (1% in Cumberland County, for example, and more in some cities); by custom the total is divided equally between buyer and seller unless the agreement of sale says otherwise, according to a title insurer's industry summary.

Local add-ons: Yes. Municipalities and school districts levy their own tax, 1% in many places and more in some (the City of Pittsburgh total is 5% including the state 1%).

Source: Pennsylvania Department of Revenue, Realty Transfer Tax

Seller disclosure

Yes. Under the Real Estate Seller Disclosure Law (68 Pa.C.S. 7301 to 7314), a seller of a home with one to four units must disclose known material defects on a property disclosure statement that meets the State Real Estate Commission's form requirements, and deliver a signed copy before the agreement of sale is signed. Some transfers are exempt, such as sales by estate fiduciaries, foreclosures and transfers between family members.

Source: Pennsylvania Department of State, Residential Real Estate Transfers Law (68 Pa.C.S.)

Who handles the closing

Pennsylvania settlements are customarily conducted by title or settlement companies, with attorneys handling them in some cases. This is based on a title insurer's industry summary, not an official state page.

Source: Stewart Title, State Laws and Customs Toolkit

Also worth knowing

Combined transfer tax varies a lot by town. In Allegheny County totals range from 2% to 5% of the sale price, with the City of Pittsburgh at 5% (1% state, 3% city, 1% school district).

Source: Allegheny County, Realty Transfer Taxes

Also worth knowing

The disclosure law does not apply to some sales, including those by an executor or trustee administering an estate or trust, court-ordered and foreclosure sales, and qualifying new construction with a one-year warranty and a certificate of occupancy.

Source: Pennsylvania Department of State, Residential Real Estate Transfers Law (68 Pa.C.S.)

Checking an agent's license

Real estate agents in Pennsylvania are licensed by the Pennsylvania State Real Estate Commission (Department of State). You can look up any agent before you work with them.

Pennsylvania State Real Estate Commission (Department of State) license lookup

Rules checked 2026-09-30. They change, and local practice varies: confirm with your title company, closing attorney or agent before relying on them. This is general information, not legal or tax advice.

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