$2,138 Closing Credit*
$180,000
#224039681, Michelle Ross, Listing Office: Rise Realty
Housing Prices in Lancaster City Township, OH
How much do homes in Lancaster City Township, OH cost?
Median List Price
$223,714
$159/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$24,114(+12.1%)
Key Takeaway
The list price of homes in Lancaster City Township has increased by 12.1% since last year.
Summary: The median home list price in Lancaster City Township was $223,714 in October 2024, up 12.1% from the previous year, and the median price per square foot was $159.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $104.9K | $95K | -9.5% |
| 2 Bedrooms | $159.9K | $172.2K | +7.7% |
| 3 Bedrooms | $195K | $225K | +15.4% |
| 4 Bedrooms | $275K | $324.9K | +18.1% |
| 5+ Bedrooms | $364.9K | $364.9K | 0.0% |
Summary: Lancaster City Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Lancaster City Township | $199.6K | $223.7K | +12.1% |
| Pleasant Township | $305K | $335K | +9.8% |
| Lancaster | $224.5K | $239.1K | +6.5% |
| Greenfield Township | $286K | $284.7K | -0.5% |
| Hocking Township | $334.9K | $285K | -14.9% |
Housing Supply in Lancaster City Township, OH
How many homes are available in Lancaster City Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 11 | -42.1% |
Summary: The Lancaster City Township real estate market had 11 homes for sale in October 2024, a 42.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Lancaster City Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 100%.
Days on Market for Lancaster City Township, OH
How long does it take to sell a home in Lancaster City Township, OH?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 114 Days | 650 Days | +466.8% |
Summary: Homes in Lancaster City Township had an average listing age of 650 days in Oct 2024, up by 466.8% compared to the previous year.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.