Wondering how the Lancaster housing market is performing? Here’s a quick look at the latest market statistics comparing June 2025 to June 2024, and what they mean for buyers and sellers alike.
📈 Key Highlights
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Settled Units:
462 homes sold in June 2025 vs. 424 in June 2024 – an 8% increase in sales volume. -
Average Sales Price:
$408,559 in 2025 vs. $367,692 in 2024 – an 11% rise in home values. -
Median Days on Market:
Holding steady at 6 days, showing no slowdown in buyer demand. -
Average Interest Rate:
6.8%, slightly down from 6.9% last year – a 1.4% decrease, offering buyers a bit of breathing room.
🏡 What This Means for Home Sellers
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Higher Prices = Greater Returns
Home values continue to climb, giving sellers an excellent opportunity to maximize their return. -
Strong Buyer Activity
Homes are still selling quickly (just 6 days on market), and with more homes selling this year, demand remains strong. -
Still a Seller’s Market
If you’re thinking of listing, now is a great time to take advantage of favorable pricing and high demand.
🔍 What This Means for Home Buyers
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Act Fast
With homes spending just 6 days on the market, buyers need to be ready to move quickly and make strong offers. -
Prices Are Rising
Waiting could cost you. With an 11% jump in average price over the past year, entering the market sooner may help you avoid paying more down the road. -
Slightly Lower Rates
While mortgage rates are still relatively high, the slight dip from last year helps improve affordability just a bit.
💬 Final Thoughts
The Lancaster County real estate market remains competitive and active. Whether you’re looking to buy or sell, it’s important to stay informed and work with a local expert who understands how to navigate the current conditions.
Thinking about making a move? Let’s connect – I’d be happy to help you make the most of today’s market.
2025 are out!
Here are some key takeaways for Buyers:
