The real estate website Zillow says the median price for homes nationwide is six percent higher than last year. We found a similar story in York County, where the median price is at its highest since 2007.
Almost every school district in the county saw a price increase from 2017 to 2018. Across the county, it’s an average increase of six percent, but in some areas, it’s much larger than that.
“About spring or summer of 2017 is when we started seeing things changing. We saw multiple offers coming in on a lot of houses,” Debra Goodling of the Realtor Association of York and Adams Counties said.
There’s an overall shortage of homes, and rates are becoming more competitive.
“When there were plenty of homes to choose from, the buyers were really picky. Now, we’re seeing the opposite of that, where having that shortage of suppliers and more buyers out looking, and they’re competing,” Goodling said.
Eastern York, Northern York, and York City school districts saw over 10 percent price increases. The city came in highest with a 22 percent price increase, but sale numbers have dropped.
“Higher taxes are still making it difficult for buyers to buy homes in York City,” Goodling said.
Wherever you are in York County, realtors say more homes are being built to match the growing demand.
The county’s median house price is $176,000. The realtor association says that’s the highest they’ve seen as long as they’ve been keeping records.