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Lancaster County Market Update- February 2023

Lancaster County Market Update- February 2023

The February numbers are in for Lancaster County! Let’s take a look.

Another month of opportunity for lots of sellers and buyers.  Let’s take a quick look at some numbers that you might find useful!

Half of homes sold for less than $260,000.  As we said last month, there are affordable homes out there, they are simply selling quickly.

Mortgages are still the most popular way to purchase, versus cash.  Not sure what your financing options are?  We partner with trusted lenders that offer every program imaginable- give us a call or text at (717) 371-0557 and we’ll connect you with the lender that’s right for you!

The average sales price is a bit different than the median, in the way it’s calculated.   They aren’t too different this month though!

302 new listings and 331 listings under contract in February.   New homes are coming on the market all the time, and they are selling fast.  There’s a home out there for you, you can buy, you just have to be as fast as everyone else!  Your best way to do that is to talk to us.  Let’s get you ready before you see the home you love, so when you do see it, we can move quickly.

Zooming in, here’s where we’re at for the Warwick School District.  The median sales price is a point where the exact middle is, and like most of the county, lots of affordable opportunities pop up each month, as the median is where you find half the sales under that price, and half the sales over it.

Median Sales Prices and Number of Units Sold for Lancaster County School Districts in February 2023:

Solanco (17): $265,000

Pequea Valley (3): $100,000

Penn Manor (18): $265,000

Columbia (4): $267,250

School District of Lancaster (46): $196,750

Eastern Lancaster (7): $385,000

Conestoga Valley (10): $270,500

Lampeter Strasburg (10): $349,000

Cocalico (11): $237,000

Elizabethtown (19): $271,000

Manheim Central (20): $243,000

Ephrata (19): $235,000

Donegal (10): $265,000

Manheim Township (22): $352,450

Not sure where to start when it comes to buying or selling?   Want to discuss these numbers and how they affect you?  We can help! We’ll tell you what works best for you personally, because when it comes down to real estate, the best time to buy or sell is when it works for YOU!

Your Friends in Real Estate, Jason Burkholder Real Estate Team


Jason Burkholder

Kelly Burkholder

Adam High

Jaci Hoosier

717-371-0557 direct or text

Welcome Home Real Estate

717-298-8040 office

57 E Main St, Lititz, PA 17543