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Lancaster, PA Real Estate

Lancaster is a city in Lancaster County, Pennsylvania with a population of about 57,683. The median home value is near $203,700, and median rent runs around $1,177/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$203,700
Median Rent
$1,177/mo
Population
57,683
Median Income
$63,421
Median Age
31.9
Homeownership
47.5%

Monthly payment on a median Lancaster home

Example for a $203,700 home: 20% down, 30-yr at ~6.75%, PA property tax ~1.49%, 0.4% insurance.

Est. monthly (PITI)
$1,378
Principal & interest
$1,057
Property tax / mo
$253
Down payment (20%)
$40,740

Lancaster at a glance

  • 17.7% of residents 25+ hold a bachelor's degree or higher.
  • 47.5% of occupied homes are owner-occupied.
  • Median household income is $63,421.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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