Lancaster, PA County is a great place to buy a house, with a median home value of $299,400. The median home value in the US is $338,100. In addition to this favorable price point, Lancaster's homes rose 14.39% in value over the past year - significantly higher than the national average appreciation rate of 8.27%. With such an impressive appreciation rate and competitive pricing, now is an ideal time to invest in Lancaster real estate.
The median home cost in Lancaster County is $299,400. Home appreciation the last 10 years has been 68.3%. Home Appreciation in Lancaster County is up 13.5%.
Average Age of Homes
- The median age of Lancaster County real estate is 42 years old
The Rental Market in Lancaster County
- Renters make up 29.1% of the Lancaster County population
- 0.8% of houses and apartments in Lancaster County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.