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Friday, December 27, 2024

Lancaster home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Lancaster rose by $14,300 while total sales increased by 1.8%, according to BlockShopper.com.

From July through December of 2017, there were 232 homes sold, with a median sale price of $177,450 - a 8.8% increase over the $163,150 median sale price for the same period of the previous year. There were 228 homes sold in Lancaster in the second half of 2016.

The following table compares Lancaster to other Erie County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
East Aurora47462.2%$215,000$222,650-3.4%
Marilla231827.8%$207,000$219,000-5.5%
Amherst713918-22.3%$200,000$189,4505.6%
Grand Island136140-2.9%$197,500$192,4502.6%
Town Line712-41.7%$183,900$179,0002.7%
Lancaster2322281.8%$177,450$163,1508.8%
North Boston1217-29.4%$176,500$140,00026.1%
Newstead1831-41.9%$175,000$165,0006.1%
Wales131118.2%$170,000$160,0006.3%
Eden3658-37.9%$168,750$157,4507.2%
Boston2631-16.1%$166,700$161,0963.5%

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