Lancaster County Market Statistics
Average Sales Price
Lancaster County continues to see consistent growth in home values, with February's average sales price reaching $443,983—a 1.9% increase from the previous year. This underscores the area's enduring desirability and robust demand for housing. Year-to-date, prices have increased by 2.1%.
Number of Transactions
In February, Lancaster County reported 110 transactions, reflecting a 0.9% decline compared to the same time last year. Year-to-date, transaction numbers have increased by 7.4%.
Days on Market Until Sale
In February, the average days on the market decreased to 51, reflecting a 1.9% drop from the previous year. Year-to-date, homes have taken an average of 53 days to sell, marking a 10.4% increase. Even with these changes, the market remains balanced, with sellers achieving favorable prices and buyers gaining more time to make thoughtful decisions.
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