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LANCASTER, PA 17601

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LANCASTER, PA real estate market (17601) currently shows 88 active listings, with 47 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 38 days on market compared to 34 days last year.

The median listing price has risen 5.3% year-over-year, from $469,950 to $494,975.

Whether you are buying or selling in LANCASTER, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 56,164  ·  Density: 647.0/mi²  ·  Median household income: $93,194

Typical home value: $296,678  ·  Homeownership: 73.0%

Market Overview

Active Listings
88
⇧ 17.3% vs 75 last year
Pending
47
53% pending ratio
Median Price
$494,975
⇧ 5.3% vs $469,950 last year
Average Price
$620,327
⇧ 3.9% vs $596,983 last year
Days on Market
38
⇧ 11.8% vs 34 days last year

Price Per Square Foot

Median $/sqft
$235
⇧ 5.4% vs $223/sqft last year
Median Home Size
2,219 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 88 this year vs 75 last year
  • Days on market: 38 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $494,975 (+5.3% YoY)
  • Average: $620,327 (+3.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.5 miles — 309 listings ($150,374,857 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
17601Lancaster, PA 176010.0 mi88$53,888,032$499,900$612,364
17504Bausman, PA 175043.4 mi1$195,000$195,000$195,000
17602Lancaster, PA 176025.4 mi82$33,604,010$320,500$409,805
17554Mountville, PA 175546.3 mi8$2,815,840$340,000$351,980
17505Bird In Hand, PA 175056.7 mi3$1,260,000$420,000$420,000
17551Millersville, PA 175517.3 mi26$12,095,200$445,677$465,200
17501Akron, PA 175018.2 mi5$1,553,335$337,000$310,667
17582Washington Boro, PA 175829.1 mi1$375,000$375,000$375,000
17512Columbia, PA 175129.3 mi55$24,370,995$289,000$443,109
17516Conestoga, PA 1751610.1 mi3$1,799,850$599,950$599,950
17579Strasburg, PA 1757910.6 mi12$5,972,532$524,900$497,711
17529Gordonville, PA 1752911.6 mi4$1,000,000$250,000$250,000
17368Wrightsville, PA 1736812.5 mi21$11,445,063$534,900$545,003

Frequently Asked Questions

How many homes are for sale in LANCASTER, PA 17601?

As of February 2026, there are 88 active listings in LANCASTER, PA (zip code 17601), compared to 75 the prior year.

What is the median home price in LANCASTER, PA 17601?

The median listing price in LANCASTER, PA 17601 is $494,975 as of February 2026, a 5.3% increase from $469,950 the prior year.

How long do homes stay on the market in LANCASTER, PA?

Homes in LANCASTER, PA 17601 spend an average of 38 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in LANCASTER, PA 17601?

Based on current inventory and days-on-market data as of February 2026, LANCASTER, PA 17601 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 34 days last year.

How much can I save on real estate commission in LANCASTER, PA?

With SELL123.com's maximum 3% commission, sellers in LANCASTER, PA 17601 save an estimated $9,900 compared to a typical 5% commission on the median listing price of $494,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.