Lancaster County Housing Market Stats for April 2025
Here are some key takeaways for Buyers:
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Still a very fast-moving market
With a median of just 6 days on market, well-priced homes are often under contract within a week.-
Tip: Get fully pre-approved and be ready to act fast when a good property hits the market.
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Prices are climbing
Average sale prices are up 5% year-over-year (from $347K to $366K).-
Tip: Factor in rising prices when setting your budget; you may need to stretch further or reevaluate what you are looking for in a home.
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Rates are still on the high side
Just like the stock market, mortgage interest rates have been fluctuating —but they are still above the 5-6% range that many buyers viewed as “normal” pre-pandemic.-
Tip: Rates can change quickly; stay in contact with your lender to make sure you know what the current rate is when you see a property of interest.
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Here are some key takeaways for Sellers:
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Buyer demand remains strong
Settled units rose 6% (337 → 360), so there are more active buyers in the market than a year ago.-
Tip: Leverage this demand by marketing aggressively—professional photos, 3D tours, strategic open houses.
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Prices are rising
A 5% year-over-year gain means you can likely list at a higher price point than last spring—if you get your pricing and presentation right.-
Tip: Work with your agent to perform a fresh CMA and highlight any upgrades or unique features that justify a premium.
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Quick closings are the norm
With median days to sell steady at just 6 days, you’ll want to have your home “show-ready” as soon as it hits the market.-
Tip: Complete any minor repairs and declutter in advance so you don’t miss out on those first-week offers.
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Bottom Line
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Buyers need to be well-prepared and nimble—rates remain elevated and homes are still moving fast.
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Sellers benefit from a hot market and rising prices—ensure top-notch marketing, competitive pricing, and a quick launch to maximize your sale price.
Feel free to reach out if you’d like more personalized guidance for your specific situation!
