The Lancaster Central Business District housing market is somewhat competitive. The median sale price of a home in Lancaster Central Business District was $273K last month, down 59.6% since last year.
Lancaster Central Business District Housing Market Trends
What is the housing market like in Lancaster Central Business District today?
In October 2024, Lancaster Central Business District home prices were down 59.6% compared to last year, selling for a median price of $273K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$272,500
-59.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lancaster Central Business District, PA
$272,500
-59.6%
United States
To compare other locations to the Lancaster Central Business District and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lancaster add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lancaster Central Business District housing market?
Lancaster Central Business District is somewhat competitive. Homes sell in 32 days.
0
100
34
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 6 days.
Learn about schools in the Lancaster Central Business District area
Elementary
Middle
High
GreatSchools Rating
4/10
Fulton El School
Public • PreK-5
347
Students
3 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lancaster Central Business District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lancaster Central Business District.
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lancaster Central Business District has a moderate risk of flooding. 149 properties in Lancaster Central Business District are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Lancaster Central Business District. Flood risk is increasing slower than the national average.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Lancaster Central Business District has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lancaster Central Business District is most at risk from hurricanes. 805 properties in Lancaster Central Business District have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 67 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 73 mph.
97% of properties are at major
risk of heat over the next 30 years
Heat Factor
Lancaster Central Business District has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 97% of homes in Lancaster Central Business District have a Major Heat Factor®.
Lancaster Central Business District is expected to see a 100% increase in the number of days over 101ºF over the next 30 years. Lancaster Central Business District is expected to experience 6