That would be average sale price not average property value, two completely different things.
I don't' doubt that city property values have increased in recent years after all a rising county tide raises all real estate values including Lancaster city's values.
Don't forget Lancaster city includes Lancaster city annex areas! Eden Manor, Conestoga Landing and BLVD
The MLS reports 297 listings in L city with a mean asking price of $89,900
Sales in L city in past 12 mo's = 813 the sales are arrayed by list price not sale price, the mean # 407 was listed for $65K and sold for 55K, #407 was also listed for $65K and sold for 68.1K……owner paid closing costs?...probably.
The inclusion of L city annex will tilt the #'s to the high side.
You know what the say about numbers? If you torture them long and hard enough you can make them say anything! LNP knows how to torture real good!

You know what the say about numbers? If you torture them long and hard enough you can make them say anything! LNP knows how to torture real good!

I notice the new street running between Hazel and Seymour Streets isn't on the list. The city provided incentives to lure businesses in there and put curbing, sidewalks and new pavement in. One older building was purchased and completely refurbished and now has a Forsale sign in front of it. There's a story there, there has to be.