Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 555,151 ↑ 0.4% since 2020 |
| Median Household Income | $83,703 12% above national median |
| Median Home Value | $279,400 |
| Unemployment Rate | 3.3% |
| Median Age | 39.1 years |
| Housing Vacancy Rate | 3.4% |
| Total Land Sales (Past 12 Months) | 197 transactions |
| Active Listings | 87 properties |
| Avg Days on Market | 330 days |
Rural Land Sales (1+ Acres) (Nov 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $67,236 |
| Recent Sales | 81 transactions |
| Avg Days on Market | 332 days |
| Avg Parcel Size | 11.50 acres |
| Active Listings | 50 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 1.39 | $238,800 | $171,799 | Lancaster |
| Feb 2026 | 27.50 | $1,333,750 | $48,500 | Ephrata |
| Feb 2026 | 21.70 | $930,000 | $42,857 | New Providence |
| Jan 2026 | 8.90 | $260,000 | $29,213 | Adamstown |
| Dec 2025 | 6.30 | $210,000 | $33,333 | Reinholds |
| Dec 2025 | 12.50 | $910,000 | $72,800 | Mount Joy |
| Dec 2025 | 14.78 | $910,000 | $61,570 | Mount Joy |
| Dec 2025 | 3.00 | $180,000 | $60,000 | Lititz |
| Dec 2025 | 1.64 | $170,000 | $103,659 | Nottingham |
| Nov 2025 | 17.54 | $840,000 | $47,891 | Mount Joy |
Suburban/Urban Land Sales (Under 1 Acre) (Jan 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $192,750 |
| Recent Sales | 116 transactions |
| Avg Days on Market | 329 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 37 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.23 | $580,570 | Elizabethtown |
| Feb 2026 | 0.36 | $195,000 | Lancaster |
| Feb 2026 | 0.50 | $50,000 | Denver |
| Feb 2026 | 0.88 | $437,000 | Mount Joy |
| Feb 2026 | 0.36 | $155,000 | Lancaster |
| Jan 2026 | 0.49 | $50,000 | Manheim |
| Jan 2026 | 0.63 | $50,000 | Manheim |
| Jan 2026 | 0.53 | $65,000 | Lancaster |
| Jan 2026 | 0.37 | $120,000 | New Holland |
| Jan 2026 | 0.60 | $116,000 | Peach Bottom |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 555,151 |
| Population (2020) | 552,984 |
| Population Growth | 0.39% |
| Median Household Income | $83,703 |
| Median Home Value | $279,400 |
| Total Housing Units | 217,863 |
| Vacant Housing Units | 7,327 |
| Housing Vacancy Rate | 3.4% |
| Median Age | 39.1 |
| Bachelor's Degree or Higher | 74,352 (13.4%) |
| Unemployment Rate | 3.3% |
Market Overview
Lancaster County, Pennsylvania has a population of 555,151, which has grown 0.39% since 2020. The median household income is $83,703, above the national median of $74,580 by 12.2%. The housing vacancy rate of 3.4% suggests tight market conditions. Lancaster County remains a key area for land acquisition in Pennsylvania. Recent rural land sales show a median price of $67,236 per acre, with properties averaging 11.50 acres. There are currently 87 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Lancaster County, Pennsylvania?
As of the 2023 American Community Survey, Lancaster County has a population of 555,151. The county has grown 0.39% since the 2020 Census, indicating a growing community.
What is the median household income in Lancaster County?
The median household income in Lancaster County is $83,703, which is 12.2% above the national median of $74,580.
Is Lancaster County growing or shrinking?
Lancaster County is growing. The population has increased 0.39% since 2020.
What is the housing market like in Lancaster County?
The median home value in Lancaster County is $279,400. The housing vacancy rate is 3.4%, which suggests tight market conditions. The unemployment rate is 3.3%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $67,236 per acre. Suburban/urban lots under 1 acre have a median lot price of $192,750.
Does Reelvest buy land in Lancaster County, Pennsylvania?
Yes! Reelvest Properties buys vacant land throughout Pennsylvania, including Lancaster County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.