Lancaster County, VA Real Estate & Property Data

Lancaster County Real Estate Market Trends
Last Updated: April 23, 2024

With up-to-date real estate data get detailed insight into Lancaster County, VA sourced from the nation’s leading property data provider. The current median home price in Lancaster County, VA is $415,000. Lancaster County real estate data shows that there have been a total of 272 residential properties sold over the past 12 months. ATTOM’s Lancaster County real estate data indicates that the county has 3 properties in foreclosure and 2 REOs (real estate bank owned) properties.

Lancaster County Real Estate Market Trends
Total Residential Properties 7,097
Total Commercial Properties 571
Avg. Home Age (Single Family Home) 48 Years
Avg. Square Feet (Single Family Home) 1,857
Total 2024 Residential Sales (year-to-date) 24
% of Homes Seriously Underwater (Q2 2024) 1.2%
Total 2023 Residential Sales 271
% of Equity Rich Homes (Q2 2024) 29.72%
Effective 2023 Property Tax 0.37%
Total Foreclosure Filings (year-to-date) 5
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Lancaster County, VA Real Estate Overview

There were 272 residential properties sold in the past year in Lancaster County, VA. The median home value in Lancaster County, VA is $344,595. There are a total of 7,097 residential properties in the Lancaster.

Median Sales Price i
$415,000
(Feb 2024)
+25%
year-over-year
y-o-y
  • February '24 Feb '24 $415,000
  • January '24 Jan '24 $252,585
  • December '23 Dec '23 $285,000
  • November '23 Nov '23 $377,500
  • October '23 Oct '23 $260,000
  • September '23 Sep '23 $270,000
  • August '23 Aug '23 $410,000
  • July '23 Jul '23 $415,000
  • June '23 Jun '23 $263,000
  • May '23 May '23 $501,450
  • April '23 Apr '23 $399,000
  • March '23 Mar '23 $475,000
Median Down Payment i
$245,000
(Feb 2024)
+373.2%
year-over-year
y-o-y
  • February '24 Feb '24 $245,000
  • January '24 Jan '24 $65,700
  • December '23 Dec '23 $55,000
  • November '23 Nov '23 $155,000
  • October '23 Oct '23 $43,000
  • September '23 Sep '23 $78,000
  • August '23 Aug '23 $85,000
  • July '23 Jul '23 $60,000
  • June '23 Jun '23 $49,450
  • May '23 May '23 $107,000
  • April '23 Apr '23 $85,000
  • March '23 Mar '23 $132,875
Number of Homes Sold i
12
(Feb 2024)
-29.4%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 12
  • December '23 Dec '23 13
  • November '23 Nov '23 20
  • October '23 Oct '23 24
  • September '23 Sep '23 22
  • August '23 Aug '23 26
  • July '23 Jul '23 26
  • June '23 Jun '23 34
  • May '23 May '23 26
  • April '23 Apr '23 17
  • March '23 Mar '23 23
Number of Purchase Loans i
9
(Feb 2024)
-35.7%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 7
  • December '23 Dec '23 4
  • November '23 Nov '23 8
  • October '23 Oct '23 16
  • September '23 Sep '23 13
  • August '23 Aug '23 15
  • July '23 Jul '23 15
  • June '23 Jun '23 14
  • May '23 May '23 12
  • April '23 Apr '23 12
  • March '23 Mar '23 15
Number of REFI Loans i
7
(Feb 2024)
+16.7%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 9
  • December '23 Dec '23 8
  • November '23 Nov '23 7
  • October '23 Oct '23 7
  • September '23 Sep '23 8
  • August '23 Aug '23 7
  • July '23 Jul '23 3
  • June '23 Jun '23 4
  • May '23 May '23 4
  • April '23 Apr '23 6
  • March '23 Mar '23 12
Number of HELOC Loans i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 7
  • November '23 Nov '23 7
  • October '23 Oct '23 6
  • September '23 Sep '23 3
  • August '23 Aug '23 5
  • July '23 Jul '23 3
  • June '23 Jun '23 1
  • May '23 May '23 5
  • April '23 Apr '23 5
  • March '23 Mar '23 8

Lancaster County, VA Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Lancaster County, VA Foreclosure Activity

There were a total of 3 Lancaster County, VA properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 3 Lancaster County, VA properties and repossessed 2 Lancaster County, VA properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
+200%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 4
  • October '23 Oct '23 1
  • September '23 Sep '23 5
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 3
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
Foreclosure Starts i
3
(Feb 2024)
+200%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 4
  • October '23 Oct '23 1
  • September '23 Sep '23 5
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 3
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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