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Lancaster, PA

Full City Profile · Pennsylvania · Lancaster County County

3.0 /5.0
B Good
57,683 Population 7,978/sq mi density
$63,421 Median Income $29,234 per capita
$203,700 Home Value $345,245 Zillow
$1,177 Median Rent 28.6% income on rent
54°F Avg Temperature 275 sunny days/yr
679 Violent Crime/100K 3,862 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$63,421 median income, 5.4% unemployment
A+
Affordability
4.9 / 5.0
$203,700 home value, $1,177/mo rent
F
Safety
1.0 / 5.0
679 violent crimes/100K (79% above avg)
B
Education
3.2 / 5.0
27.1% bachelor's degree or higher

Housing Overview

Median Home Value
$203,700
28% below
US avg: $281,900
Median Rent
$1,177/mo
1% above
US avg: $1,163/mo
Homeownership Rate
47.5%
27% below US avg (65.4%)
Total Housing Units
22,414
Median year built: 1938

Home Value by Source

Census Median
$203,700
Zillow (ZHVI)
$345,245
Median Sale Price
$225,000
Median List Price
$262,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

47.5%
Owner-Occupied
52.5%
Renter-Occupied
48%
53%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,102/mo
1 Bedroom
$1,220/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,980/mo
4 Bedroom
$2,020/mo
Census median rent: $1,177/mo · Zillow rent: $1,538/mo

Market Indicators (Redfin)

Median Days on Market
10 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
44
Price Drops
35.4%
of listings with price reduction
Price Per Sq Ft
$176
Active Inventory
82
homes for sale

Affordability & Housing Stock

Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
47.5%

Complete Housing Data

Home Values

Census Median Value$203,700
Zillow Home Value (ZHVI)$345,245
Median Sale Price$225,000
Median List Price$262,450
Price Per Sq Ft$176

Rent

Census Median Rent$1,177
Zillow Rent (ZORI)$1,538
FMR Studio$1,102
FMR 1-Bedroom$1,220
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,980
FMR 4-Bedroom$2,020

Market

Days on Market10
Sale-to-List Ratio1.0%
Price Drops35.4%
Homes Sold44
Active Inventory82
Price Per Sq Ft$176

Ownership & Stock

Owner-Occupied47.5%
Renter-Occupied52.5%
Homeownership Rate47.5%
Total Housing Units22,414
Median Year Built1938
Rent Burden28.6%