$825K  
The Lancaster County market improved this week with three homes sold over the last 30 days. Within the same time period, St. Mary's County had 150 sales, the most of all counties in the area. Potential buyers should note that prices are coming down in Lancaster County, and for this period the median sales price slid from $286,000 to $180,000. Even after the uptick in sales, an elevated 26 months of inventory tells us that Lancaster County is still a solid buyer's market.
Comments:

$349K  
The Lancaster County market saw sales remain at one home sold over the last 30 days, with a determined upward trend of new listings, as 12 came into the market in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. A months of inventory number of 86 reported this week continued a four-week upward trend, to go along with the strong number of new listings in the area. Lancaster County is a solid buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

Lancaster County is a small county in Virginia with a population of 11,391 residents, and it has an average density compared to the rest of the state, with 85.5 people per square mile. The three cities with the largest populations are Kilmarnock, Irvington, and White Stone. It should be noted that at 55.4%, most people own their homes in Lancaster County. The top school in the county is Lancaster High School.
Comments:

$109K  
Over the last 30 days, one home was sold in the Lancaster County market, holding even with last week's numbers. However, the market is still in an emerging downward trend overall. Pricing in Lancaster County remains consistent from last week to this week, with the median sales price at $286,000 again. A downturn in sales, coupled with the availability of 86 months of inventory, prove that Lancaster County is a solid buyer's market.
Comments:

$1.2M  
With one home sold in the Lancaster County market over the last 30 days, we see no change from last week's numbers. However, 16 new listings came into the market. Potential buyers should note that prices went up in Lancaster County, with the median for this period rising from $174,900 to $286,000. Along with flat sales, a relatively high 86 months of inventory indicates that Lancaster County is a definite buyer's market.
Comments:

$6.5M  
The Lancaster County market will be more selective in the short term. Sales have fallen this week to one home sold over the last 30 days, and there is also a recent upward trend of new listings, with 13 going live in the same time frame. Potential buyers should note that prices went up in Lancaster County, with the median for this period rising from $161,200 to $174,900. Lancaster County is a definite buyer's market, due to a big 84 months of inventory left and aided by the dip in sales.
Comments:

$250K  
The number of homes coming into the Lancaster County market climbed to 11 listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. Pricing in Lancaster County remains consistent from last week to this week, with the median sales price at $161,200 again. Lancaster County is a solid buyer's market, due to a big 41 months of inventory left and aided by the flat sales.
Comments:

$1.2M  
Sales in the Lancaster County market fell to two homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with five price reductions in the same time frame. The median sales price climbed to $161,200, up from last week's $147,500. Lancaster County is a strong buyer's market, due to a big 44 months of inventory left and aided by the dip in sales.
Comments:

The population of Lancaster County is less affluent than average compared to others in Virginia with a median income of $42,451 per household. It's also considered an expensive county in terms of affordability with a cost of living adjustment score of 108.0. Kilmarnock, Irvington, and White Stone are the three largest cities in terms of population. Homes in Lancaster County are relatively old with a median age of 34 years. Heading the list of top schools in the county is Lancaster High School.
Comments:

$105K  
The Lancaster County market saw sales remain flat this week with three homes sold over the last 30 days, while new listings climbed to 12. The median sales price continued to fall, trending downwards for four weeks to reach $147,500. With prices falling, the availability of 28 months of inventory means that Lancaster County is a strong buyer's market.
Comments:
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