Lancaster City (10533) Homes under $500,000

Lancaster City (10533) Homes under $500,000

Welcome to Lancaster City, Pennsylvania, a vibrant and charming destination that beautifully blends rich history with modern living. Nestled in the heart of Lancaster County, this city is renowned for its picturesque landscapes, friendly community, and a unique cultural tapestry that celebrates both its Amish heritage and contemporary urban life.

Lancaster City is not just a place to live; it’s a lifestyle choice that offers an array of amenities, from delightful cafes and restaurants to vibrant art galleries and theaters. The city hosts numerous festivals throughout the year, showcasing local artisans and farmers, making it a hub for those who appreciate community spirit and local craftsmanship.

For homebuyers seeking affordability without sacrificing quality, Lancaster City offers an impressive selection of homes priced under $500,000. Here, you can find charming historic homes with character, modern townhouses, and cozy single-family residences that cater to diverse lifestyles and preferences. With its family-friendly neighborhoods and excellent schools, Lancaster City is ideal for first-time buyers, growing families, or anyone looking to downsize.

The real estate market in Lancaster City is thriving, making it an opportune time to invest in this delightful community. With easy access to major highways, shopping districts, and outdoor recreational areas, residents enjoy the perfect balance of urban convenience and suburban tranquility. Whether you're looking to settle down or invest, Lancaster City is a place where you can truly feel at home. Come explore the possibilities that await you in this charming Pennsylvania gem!

Newest Lancaster City (10533) Homes under $500,000

638 N Mary St, Lancaster
$225,000
3 Beds ⋅ 1 Baths
Opportunity knocks in Lancaster! This 3 bedroom, 1 bath townhouse is ready for a buyer with vision. The home offers a traditional layout with three bedrooms and a full bath, plus a large basement for storage, laundry, or future workspace. It needs cleaning and updating throughout, making it a great fit for investors, contractors, or anyone looking to build equity and finish a home to their own taste. The heater and electrical panel appear to be updated, and with the right improvements it could be a solid rental or a comfortable place to call home. Conveniently located close to downtown Lancaster's shops, restaurants, and major routes. Bring your ideas and your toolbox, and schedule your showing today!

638 N Mary St, Lancaster

Listing courtesy of Keller Williams Real Estate Tri-County. Contact:

561 W Walnut St, Lancaster
$325,000
3 Beds ⋅ 1 Baths
Welcome to 561 W Walnut Street, where classic Lancaster City charm meets the walkable lifestyle of the desirable Chestnut Hill neighborhood. This 3-bedroom, 1-bath home offers hardwood floors, abundant natural light, and a comfortable layout filled with character. The living room flows naturally into the dining room and kitchen, with direct access to the rear patio. Upstairs, hardwood floors continue throughout all three bedrooms, including one with a walk-in closet and access to a sunroom—a unique bonus space with plenty of possibilities. A full unfinished basement provides additional storage. Outside, enjoy a welcoming front porch and private fenced backyard featuring a patio and pergola, perfect for outdoor dining, morning coffee, or relaxing at the end of the day. And the location is hard to beat. Grab coffee nearby, meet friends at Cabalar, catch live music or an event at West Art, pick up pizza at Pizzeria 211, dine at Luca, or spend the afternoon at Buchanan Park. Schools, restaurants, parks, public transportation, and everyday conveniences are close by, with Downtown Lancaster’s Central Market, theaters, shops, and dining just minutes away. At 561 W Walnut Street, you can leave the car at home and truly enjoy the best of Lancaster City living.

561 W Walnut St, Lancaster

Listing courtesy of Keller Williams Elite. Contact:

667 Saint Joseph St, Lancaster
$239,900
Great investment opportunity in Lancaster City! This two-unit property offers a spacious 3-bedroom unit upstairs and a 1-bedroom unit on the first floor, providing a versatile setup for investors or owner-occupants looking to offset their mortgage with rental income. The property sits on an unusually large double lot, offering plenty of outdoor space and added potential. With current rental income of over $2,500 per month, this property provides strong income from day one. Whether you're looking to add to your rental portfolio or live in one unit while renting the other, this Lancaster City two-unit is one you won't want to miss!

667 Saint Joseph St, Lancaster

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty. Contact:

437 Lancaster Ave, Lancaster
$399,000
3 Beds ⋅ 2 Baths
Welcome to 437 Lancaster Avenue, a beautifully renovated home in Lancaster’s desirable Chestnut Hill neighborhood! From the moment you step inside, you will appreciate the combination of classic character and thoughtful modern updates throughout. This home has been extensively renovated and is truly move in ready, featuring a brand new kitchen, beautifully updated bathrooms, new plumbing, electrical, roof, windows and light fixtures, along with a brand new HVAC system being installed this Friday. Beautiful hardwood floors have been installed throughout the home, creating a warm and inviting feel in every room. The renovations provide the peace of mind of having the major systems and finishes updated while still offering a home that feels comfortable and welcoming. Outside of the home, the location is hard to beat. Enjoy being within walking distance of some of Lancaster’s most highly rated restaurants, coffee shops and local attractions while also having easy access to everything downtown Lancaster has to offer. Whether you are looking for your first home, a place to settle into the city, or an investment in one of Lancaster’s sought after neighborhoods, this home is worth seeing in person. With extensive renovations, beautiful finishes and an incredible location, 437 Lancaster Avenue truly stands out as one of the best homes on the block. Welcome home!

437 Lancaster Ave, Lancaster

Listing courtesy of Keller Williams Elite. Contact:

1575 Abbas Ave, Lancaster
$474,900
4 Beds ⋅ 2 Baths
Come home to the warmth and character of 1575 Abbas Avenue, where sunlight pours through the windows, gleaming wood floors welcome you inside, and timeless architectural details create a feeling that is both charming and inviting. Chair railing and wainscoting add classic character, while the beautifully connected floorplan makes everyday living and entertaining feel effortless—from the spacious living room and formal dining room to the updated kitchen and the inviting family room, with a gorgeous floor-to-ceiling brick fireplace. Set in a popular Lampeter-Strasburg neighborhood, this 4-bedroom, 1.5-bath home offers the perfect blend of comfort, character and privacy on a .25-acre lot. The updated kitchen, with gas range, quartz countertops, and stainless-steel appliances, flows naturally into the formal dining room and family room. Through glass doors in the family room, a new oversized Trex deck beckons you to slow down with morning coffee, gather for dinner with friends or simply unwind while overlooking the peaceful wooded backyard. With an unfinished lower-level offering room to grow and thoughtful updates including a renovated kitchen (2024), water heater (2022), select windows and slider doors (2020), roof (2018) and A/C (2017), this is a home designed for both today and tomorrow. Located in the highly regarded Lampeter-Strasburg School District and minutes from Routes 30 and 222, the train station, Media Heights Golf Club, shopping, dining and downtown Lancaster, it offers an easy connection to everything you love—while giving you a place to truly settle in and enjoy home. Come see the charm, feel the warmth and imagine your life here.

1575 Abbas Ave, Lancaster

Listing courtesy of Keller Williams Elite. Contact:

554 E Frederick St, Lancaster
$259,900
3 Beds ⋅ 1 Baths
Welcome to 554 E Frederick Street, a beautifully maintained brick townhouse in a quiet, highly walkable Lancaster City neighborhood just minutes from schools, shopping, restaurants and historic downtown Lancaster. The home offers 3 bedrooms and 1 full bath, with the character of a classic city home and the updates buyers are looking for today. Since the previous listing in 2020, the owners have continued to invest in the property, including fresh paint throughout, new modern light fixtures, a Nest smart thermostat and a new LG washer and dryer. One of the most significant improvements is the main sewer line, which was professionally relined from the house to the street in 2026, with the section beneath the house replaced and relocated above ground. Inside, you'll find beautiful hardwood floors, an updated kitchen and bath, and a full basement with outside access. But the real showstopper is the backyard. Completely reimagined by the current owners, the outdoor space features new sod, thoughtfully placed trees, paver areas and a new privacy fence, creating an incredibly inviting private retreat that is rare to find in the city. The front yard has also been transformed with new landscaping, a retaining wall and two garden areas, giving the home great curb appeal. Whether you're looking for your first home, a low-maintenance city property or a home where you can enjoy an exceptional outdoor space, 554 E Frederick Street offers a fantastic combination of location, character and thoughtful improvements.

554 E Frederick St, Lancaster

Listing courtesy of Keller Williams Elite. Contact:

691 Topaz Dr, Lancaster
$249,900
3 Beds ⋅ 3 Baths
This townhome features 3 bedrooms and 2½ bathrooms, offering comfortable living with a convenient location close to all amenities. Enjoy energy-efficient natural gas heating, central air conditioning, and off-street parking. A great combination of comfort, convenience, and efficiency!

691 Topaz Dr, Lancaster

Listing courtesy of Coldwell Banker Realty. Contact:

416 N Concord St, Lancaster
$315,000
3 Beds ⋅ 2 Baths
Welcome to this charming 3-bedroom, 2-full-bath end-unit row home in the highly desirable Chestnut Hill neighborhood! Full of character and thoughtfully updated, this home offers the perfect blend of historic charm and everyday convenience. Inside, you’ll find a spacious layout with three bedrooms and two full bathrooms, providing flexibility for comfortable living, guests, or a home office. Outside, enjoy the rare convenience of two off-street parking spaces, along with a private outdoor area perfect for relaxing or entertaining. Location is truly a standout feature! Enjoy being within walking distance of local restaurants, coffee shops, parks, and neighborhood amenities, making it easy to take advantage of everything Chestnut Hill has to offer without always needing the car. With its charming brick exterior, inviting outdoor space, off-street parking, and unbeatable walkable location, this is a wonderful opportunity to make a home in one of Lancaster’s most sought-after neighborhoods.

416 N Concord St, Lancaster

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty. Contact:

347 N Reservoir St, Lancaster
$309,900
A distinctive two-unit property in the heart of Lancaster City, pairing a stabilized residential apartment with a ground-floor commercial storefront The upper level offers a 2-bedroom apartment with its own private entrance, currently leased at $1,600/month for immediate, dependable income . The ground-floor commercial space— has been home to professional office space and established salon and aesthetics business for nearly 20 years. It is now vacant and ready for its next chapter. Ideally positioned on a beautiful tree-lined corner just steps from McCaskey High School, the property enjoys strong neighborhood presence and walkability. Whether you're an investor seeking dual income streams, an owner-operator looking to live above your own business, or a buyer drawn to a property with built-in versatility, 347 N Reservoir St is a genuine opportunity in a connected, growing city neighborhood. Schedule your private showing today.

347 N Reservoir St, Lancaster

Listing courtesy of Keller Williams Elite. Contact:

543 Burrowes Ave, Lancaster
$219,900
3 Beds ⋅ 3 Baths
Attention investors! This charming 1928 home offers 3 bedrooms and rare 2.5 BATHS with many of the original details intact. The spacious living room and dining room offer original hardwood floors and a brick fireplace with stunning arched top built-ins on either side. The crown moulding, stair railing with curved volute at the bottom of the steps, glass door knobs and the recessed arched wall niche with outlet adds to the character of the home. Low maintenance all brick exterior with upgraded windows. The basement has a Bilco door with direct access to the backyard. Hardwood floors under carpet on the 2nd floor is another opportunity to add value. Updates and work are needed to this home making it an ideal investment opportunity! Sold as is.

543 Burrowes Ave, Lancaster

Listing courtesy of Realty ONE Group Unlimited. Contact:

327 N Reservoir St, Lancaster
$325,000
4 Beds ⋅ 2 Baths
OPEN HOUSE - Sunday, October 11th from 1-3pm. Welcome home to 327 N Reservoir St! This move in ready 4 bedroom, 1.5 bath home is ready and waiting for its new owner! With updates throughout, hardwood floors, a partially finished basement, a detached garage, mini splits, and a fenced in yard with patio space, this home is an absolute gem. On the first floor, you will be greeted by an open floor plan living room, complete with a fireplace and access to the half bathroom. Stepping into the dining room, you will find the kitchen complete with an island and quartz countertops, with access to the yard. Upstairs, you will find 3 bedrooms and a full bathroom, as well as balcony access. On the 3rd floor is an additional 4th bedroom, complete with 2 large closets. The basement is partially finished and also includes an unfinished side with laundry space, and the potential to add a basement bathroom. The home also has a tankless water heater. Outdoors, the property boasts a detached garage and privacy fence, and expansive patio space that is perfect for hosting. Showings will start Saturday, October 10th - schedule your showing to make this gem your next home sweet home!

327 N Reservoir St, Lancaster

Listing courtesy of Life Changes Realty Group. Contact:

46 Spencer Ave, Lancaster
$375,000
3 Beds ⋅ 3 Baths
OFFERS DUE WED (10/7) BY 7PM -- Welcome to Hamilton Park, a quiet community known for its historic charm. This home features an owner’s suite, two fireplaces, finished bonus space in the basement with plenty of additional storage, and a large, flat backyard. The back den could serve as a 4th bedroom allowing for one story living. Enjoy a front porch perfect for morning coffee and a back porch ideal for grilling and entertaining. Conveniently located near shopping, dining, schools, parks, and major routes throughout Lancaster. Reach out to us today for a showing!

46 Spencer Ave, Lancaster

Listing courtesy of Keller Williams Elite. Contact:

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