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Friday, November 1, 2024

Lancaster home prices fall in 2018

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The median sale price of a home sold in 2018 in Lancaster fell by $1,478 while total sales decreased by 94%, according to BlockShopper.com.

From January through December of 2018, there were 26 homes sold, with a median sale price of $171,022 - a 0.9% decrease over the $172,500 median sale price for the previous year. There were 431 homes sold in Lancaster in 2017.

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

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Amherst1501,324-88.7%$202,046$195,4753.4%
Boston254-96.3%$180,000$177,0001.7%
Chaffee119-94.7%$180,000$120,00050%
Alden555-90.9%$175,000$140,00025%
Williamsville7111-93.7%$173,000$215,000-19.5%
Lancaster26431-94%$171,022$172,500-0.9%
Hamburg47725-93.5%$160,000$158,0001.3%
Eden482-95.1%$153,750$151,2501.7%
Lake Erie Beach364-95.3%$150,000$74,187102.2%
Marilla239-94.9%$147,750$205,000-27.9%
West Seneca37584-93.7%$145,000$142,526.501.7%

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