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Lancaster County, PA – May 2025 Market Snapshot

 Market Type:

Still a strong seller’s market with just 1.55 months of inventory, despite a slight uptick month-over-month.

🏡 Pricing & Value Trends

  • Median Sold Price (MLS): $395,000 (⬆ 6.2% MoM)

  • Median Estimated Property Value: $403,050 (⬆ 0.8% MoM | ⬆ 4.7% YoY)

  • Median List Price (New Listings): $399,945 (flat MoM)

  • Median Sold Price (Public Records): $385,000 (⬆ 3.9% MoM)

📊 Market Activity

  • New Listings: 450 (⬆ 10%)

  • Active Listings: 413 (⬆ 5.6%)

  • New Pendings: 363 (⬆ 15.6%)

  • Total Pendings: 465 (⬆ 10.2%)

  • Sold Listings: 293 (⬆ 23.6%)

🧾 Key Sales Metrics

  • Sold-to-List Price Ratio: 104% (⬆ 1.5%)

  • Median Days on Market (Sold): Just 6 days

  • Median $/Sqft (Sold): $207 (⬆ 4.5%)

  • Total Sales Volume (MLS): $126.75M (⬆ 31.6%)

  • Public Record $/Sqft: $236

📌 Quick Investor Insights

  • Fast-moving, high-demand market—homes are flying off the market in under a week.

  • Public record median sold price is still lower than MLS, hinting at potential for discounted acquisitions off-market.

  • Price per square foot is rising, particularly in public record sales, suggesting rising valuations beyond asking price.

  • Strong pending and sold activity reflects a high volume of qualified, active buyers—ideal for flippers or listing agents.

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