From October through December of 2017, there were 115 homes sold, with a median sale price of $170,000 - a 17.2% increase over the $145,000 median sale price for the same period of the previous year. There were 95 homes sold in Lancaster in the fourth quarter of 2016.
The following table compares Lancaster to other Erie County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Grand Island | 70 | 53 | 32.1% | $188,500 | $184,000 | 2.4% |
| North Boston | 7 | 9 | -22.2% | $183,000 | $129,000 | 41.9% |
| Elma Center | 18 | 19 | -5.3% | $180,000 | $170,794.48 | 5.4% |
| Town Line | 2 | 5 | -60% | $172,450 | $175,000 | -1.5% |
| Billington Heights | 2 | 9 | -77.8% | $171,880 | $205,000 | -16.2% |
| Lancaster | 115 | 95 | 21.1% | $170,000 | $145,000 | 17.2% |
| Wales | 9 | 2 | 350% | $168,000 | $202,500 | -17% |
| Boston | 9 | 11 | -18.2% | $164,900 | $161,096 | 2.4% |
| Hamburg | 177 | 198 | -10.6% | $161,000 | $150,400 | 7% |
| Springville | 17 | 15 | 13.3% | $147,500 | $120,000 | 22.9% |
| Akron | 9 | 8 | 12.5% | $146,750 | $84,950 | 72.7% |
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