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Buffalo Ledger

Tuesday, November 12, 2024

Lancaster home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Lancaster rose by $4,022 while total sales decreased by 86.9%, according to BlockShopper.com.

From January through June of 2018, there were 26 homes sold, with a median sale price of $171,022 - a 2.4% increase over the $167,000 median sale price for the same period of the previous year. There were 199 homes sold in Lancaster in the first half of 2017.

The following table compares Lancaster to other Erie County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Amherst150611-75.5%$202,046$195,0003.6%
Boston228-92.9%$180,000$197,500-8.9%
Chaffee17-85.7%$180,000$130,00038.5%
Alden526-80.8%$175,000$147,00019%
Williamsville744-84.1%$173,000$203,900-15.2%
Lancaster26199-86.9%$171,022$167,0002.4%
Hamburg47360-86.9%$160,000$151,6505.5%
Eden446-91.3%$153,750$146,5004.9%
Lake Erie Beach324-87.5%$150,000$57,750159.7%
Marilla216-87.5%$147,750$192,625-23.3%
West Seneca37273-86.4%$145,000$140,0003.6%

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