Market Intelligence · PA / Lancaster

Lancaster, PA 17602 Housing Market

The typical home value in Lancaster, PA 17602 is $315,822, up 3.1% over the past year as of 2026-08-01. The median list price sits at $289,500, and homes are moving in a median of 23 days on market.

Updated August 2026Median value$316K

The median home value in Lancaster, PA 17602 is $316K as of August 2026, up 3.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 17602 range

$291K to $341K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.1% over 12 months

Typical home value in 17602 over the last 12 months: $306K in Aug 2025 to $316K in Aug 2026 (+3.1%).

Aug 2025$306K

Aug 2026$316K

The numbers

What is the 17602 housing market like?

Typical home value

$316K

Up3.1%YoY

Median list price

$290K

Down7.2%MoM

Days on market

23

Down11.5%MoM

Homes for sale

50

Down2.0%MoM

Price cuts

15.9%

Up11.3%MoM

New listings

40

Down13.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 17602 home prices compare?

  • 17602$315,822
  • Lancaster$315,822
  • Pennsylvania$239,873
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lancaster: 3 ZIPs; Pennsylvania: 1,362 ZIPs; United States: 26,265 ZIPs).

Context

The Lancaster, PA 17602 market shows steady conditions. The typical home value of $315,822 is up 3.1% over the past year, which points to modest appreciation rather than a surge. Sellers are listing at a median of $289,500, and homes are going under contract in a median of 23 days. Inventory is moderate, with 50 homes for sale and 40 new listings as of 2026-08-01. For a seller, the data describes a market where well-priced homes sell reasonably quickly, but pricing discipline still matters.

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