Lancaster County Housing Market Update

July 15, 2024

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Here is a look at the most recent housing stats for Lancaster County.  With interest rates where they are, inventory numbers continue to stay low across most price points.  The only price point showing any sign of approaching some balance (500,000+) is mostly from an increase in new construction homes.  And despite the rise in interest rates, the Average Sale Price continues to rise.  Buyer demand is still high and many Sellers are still receiving multiple offers and higher than list price offers.  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.