Lancaster County Housing Market Update

November 16, 2023

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Here is a look at the most recent housing stats for Lancaster County.  Inventory levels are still very low across most price points.  This has led to a lower than normal number of Settled Units for the month, down 18% from last year at this time.  Affordability continues to be a main barrier for many would-be buyers.  The consistently higher Interest Rates have slowed the pace of property appreciation, however multiple offers and low Days on the Market continue for properties that are positioned well on the market.  If you are thinking about buying and/or selling a home in Lancaster County I am happy to talk with you about how the current market conditions should help guide your decisions.