$240,000
- Studio
- 1,694 Sq Ft
312 N Reservoir St, Lancaster, PA 17602
Terry Zerphey Riley Real Estate, Inc.
$240,000
312 N Reservoir St, Lancaster, PA 17602
Terry Zerphey Riley Real Estate, Inc.
$575,000
257 W King St, Lancaster, PA 17603
Ada Rivera Home 1st Realty
$1,599,000
626 S Queen St, Lancaster, PA 17603
Matthew Koch Keller Williams Elite
$325,900
356 E Chestnut St, Lancaster, PA 17602
Kirk Waechter Prosperity Real Estate & Investment Services
$299,900
509 E Strawberry St, Lancaster, PA 17602
Ryan Gearhart RKG Real Estate, LLC
$318,900
113 Old Dorwart St, Lancaster, PA 17603
Mike Lapp Stoltzfus Realty
$1,690,000
2453 Lincoln Hwy E, Lancaster, PA 17602
Corey Harris Crown Homes Real Estate
$339,000
911 E King St, Lancaster, PA 17602
Benuel Esh Keller Williams Elite
$469,999
772 Marietta Ave, Lancaster, PA 17603
Corinn Kirchner PPM Real Estate, Inc.
$599,900
542 E King St, Lancaster, PA 17602
Matthew Koch Keller Williams Elite
$895,000
12 S Queen St, Lancaster, PA 17603
Randal Kline Kingsway Realty - Ephrata
Lancaster's historic Central Market, operating since the 1730s, stands as America's oldest continuously running farmers' market, drawing locals and visitors to its fresh produce and authentic Pennsylvania Dutch specialties. The downtown area features the Victorian-era Fulton Theatre, which hosts professional productions year-round, alongside distinctive restaurants like Luca and the Belvedere Inn Restaurant housed in a restored mansion. Cultural attractions include the Lancaster Museum of Art, the Demuth Museum showcasing works of Charles Demuth, and LancasterHistory's exhibits at President James Buchanan's Wheatland estate.
The Lancaster real estate market includes properties ranging from $175,000 to $980,000, with a median sale price of $325,000. Townhomes command a median price of $357,500, while single-family homes list at a median of $329,900. Condominiums start at a median of $205,000 for one bedroom units and $290,000 for two bedrooms. Downtown Lancaster single-family homes have a median price of $265,000, while College Park commands higher prices with a median of $402,500. Chestnut Hill homes list at a median of $325,000, and Grandview Heights properties show a median of $313,800.
Lancaster County's property tax rate of 1.41% compares favorably to York County at 1.68% and Reading's Berks County at 1.77%. The Pennsylvania state income tax rate stays consistent at 3.07%, with a combined sales tax of 6.34%. The city's location 71 miles from Philadelphia and 38 miles from Harrisburg allows for reasonable commuting options via Amtrak or major highways. Top-rated public schools include Neff Elementary School and Manheim Township High School, while Lancaster Country Day School represents a highly rated private option. Franklin and Marshall College adds to the educational landscape.
On average, homes in Lancaster, PA sell after 19 days on the market compared to the national average of 52 days. The median sale price for homes in Lancaster, PA over the last 12 months is $325,000, up 4% from the median home sale price over the previous 12 months.
From historic downtown charm to peaceful countryside, buyers in Lancaster seek homes that blend character with practical living.
In Lancaster, there are currently 11 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $240,000 to $1,690,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Lancaster is $335,000, while the average sale price is $363,631, offering insights into the local housing market. On average, multi-family homes spend 19 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Lancaster, PA.