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New Construction Homes Under $500K in Lancaster, PA

14 Homes

From $391,900

3 Br | 2.5 Ba | 2 Gr | 1,352 sq ft

Hartman | Strasburg, PA

EGStoltzfus Homes, LLC

From $333,500

2 Br | 2.5 Ba | 1 Gr | 1,460 sq ft Hot Deal

Chickadee | Columbia, PA

Millfield Construction Company

From $499,812

4 Br | 2.5 Ba | 2 Gr | 2,595 sq ft

Addison | Lancaster, PA

Keystone Custom Homes

From $465,900

2 Br | 2 Ba | 2 Gr | 1,839 sq ft

Northfield | Ephrata, PA

Landmark Homes

From $447,900

2 Br | 2 Ba | 2 Gr | 1,798 sq ft

The Washington | East Petersburg, PA

Traditions of America

From $493,900

4 Br | 2.5 Ba | 2 Gr | 2,276 sq ft

Lawrence | Ephrata, PA

Landmark Homes

Under Construction

From $369,330

4 Br | 3 Ba | 2 Gr | 1,830 sq ft Hot Deal

831 Talon Way. Columbia, PA 17512

Millfield Construction Company

Under Construction

From $417,006

3 Br | 3 Ba | 2 Gr Hot Deal

829 Talon Way. Columbia, PA 17512

Millfield Construction Company

From $491,300

3 Br | 2 Ba | 2 Gr | 2,142 sq ft

Stonecroft | Ephrata, PA

Landmark Homes

Under Construction

From $345,825

2 Br | 2.5 Ba | 1 Gr Hot Deal

833 Talon Way. Columbia, PA 17512

Millfield Construction Company

From $483,900

4 Br | 2.5 Ba | 2 Gr | 2,071 sq ft

Jameson | Strasburg, PA

EGStoltzfus Homes, LLC

From $476,792

3 Br | 2.5 Ba | 2 Gr | 1,792 sq ft

Marshall | Lancaster, PA

Keystone Custom Homes

From $464,562

3 Br | 2.5 Ba | 1,678 sq ft

Livingston | Lancaster, PA

Keystone Custom Homes

From $435,952

3 Br | 2.5 Ba | 2 Gr | 1,698 sq ft

Cedarbrook | Lancaster, PA

Keystone Custom Homes

Under Construction

From $482,260

3 Br | 2.5 Ba | 2 Gr | 1,746 sq ft

383 Meadow Rose Drive. Lititz, PA 17543

EGStoltzfus Homes, LLC

From $492,291

4 Br | 2.5 Ba | 2 Gr | 2,203 sq ft

Prescott | Lancaster, PA

Keystone Custom Homes

From $354,500

3 Br | 2.5 Ba | 2 Gr | 1,795 sq ft Hot Deal

Dawn | Columbia, PA

Millfield Construction Company

From $475,842

4 Br | 2.5 Ba | 2,329 sq ft

Wyndham | Lancaster, PA

Keystone Custom Homes

From $468,322

3 Br | 2.5 Ba | 2,227 sq ft

Preston | Lancaster, PA

Keystone Custom Homes

From $419,004

3 Br | 2.5 Ba | 2,227 sq ft

Waterford | Lancaster, PA

Keystone Custom Homes

Under Construction

From $441,791

2 Br | 2 Ba | 2 Gr Hot Deal

4311 Heather Lane. Columbia, PA 17512

Millfield Construction Company

From $409,850

3 Br | 2.5 Ba | 2,062 sq ft

Maplewood | Lancaster, PA

Keystone Custom Homes

$28,453

From $403,383 $431,836

3 Br | 2 Ba | 1,863 sq ft

Charleston | Lancaster, PA

Keystone Custom Homes

From $325,900

3 Br | 2.5 Ba | 2 Gr | 1,583 sq ft

Aberdeen | Lancaster, PA

EGStoltzfus Homes, LLC

From $428,500

3 Br | 3 Ba | 2 Gr | 1,920 sq ft Hot Deal

Kendal | Columbia, PA

Millfield Construction Company

From $460,900

2 Br | 2 Ba | 2 Gr | 2,083 sq ft

The Franklin | East Petersburg, PA

Traditions of America

From $490,800

4 Br | 2.5 Ba | 2 Gr | 2,198 sq ft

Huntington | Ephrata, PA

Landmark Homes

From $476,700

2 Br | 2 Ba | 2 Gr | 1,911 sq ft

Perry | Ephrata, PA

Landmark Homes

From $451,402

3 Br | 1.5 Ba | 1,680 sq ft

Buchanan | Lancaster, PA

Keystone Custom Homes

From $495,900

4 Br | 2.5 Ba | 2 Gr | 1,732 sq ft

Rockford | Lititz, PA

EGStoltzfus Homes, LLC

From $467,900

3 Br | 2 Ba | 2 Gr | 1,305 sq ft

Campbell | Strasburg, PA

EGStoltzfus Homes, LLC

From $456,528

4 Br | 2.5 Ba | 2,114 sq ft

Crestwood | Lancaster, PA

Keystone Custom Homes

From $411,900

3 Br | 2.5 Ba | 2 Gr | 1,500 sq ft

Edison | Strasburg, PA

EGStoltzfus Homes, LLC

Under Construction

From $443,720

2 Br | 2 Ba | 2 Gr

372 Meadow Rose Drive. Lititz, PA 17543

EGStoltzfus Homes, LLC

From $422,900

2 Br | 2 Ba | 2 Gr | 1,700 sq ft Hot Deal

Hutton | Columbia, PA

Millfield Construction Company

From $476,900

2 Br | 2 Ba | 2 Gr | 2,393 sq ft

The Hancock | East Petersburg, PA

Traditions of America

From $472,900

3 Br | 3 Ba | 2 Gr | 2,170 sq ft

The Betsy Ross | East Petersburg, PA

Traditions of America

Move-In Ready

From $479,900

2 Br | 2 Ba | 2 Gr | 1,827 sq ft

310 Freedom Drive. Ephrata, PA 17522

Landmark Homes

From $487,900

3 Br | 2 Ba | 2 Gr | 1,684 sq ft

Laurel | Strasburg, PA

EGStoltzfus Homes, LLC

Under Construction

From $477,860

2 Br | 2 Ba | 2 Gr | 1,718 sq ft Hot Deal

828 Talon Way. Columbia, PA 17512

Millfield Construction Company

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Market Snapshot

New Homes in Lancaster by Region

RegionHomesAverage New Home Price
Central Lancaster 129$484,000
East Lancaster 120$558,000
North Lancaster 200$479,000
South Lancaster 108$430,000
West Lancaster 162$375,000

Top New Home Cities in Lancaster

CityHomesAverage New Home Price
Lititz56$575,418
Lancaster55$543,672
Strasburg43$533,969
Ephrata20$513,213
Elizabethtown15$586,426
Denver15$562,476
Columbia11$387,533
East Petersburg4$464,650

Lancaster features many of the best homes builders and new construction home designs in Pennsylvania. Finding relatively lower priced homes has become increasingly difficult. The cost of new construction in Lancaster has increased substantially. Despite the rising trend of housing prices, it is still possible to design and build an affordable home in the Lancaster area. In fact, there are 73 new homes for sale in Lancaster with a good selection of cheaper homes starting at under $500K.

How to Find Homes in Lancaster For Less Than $500K?

Builders see the growing demand for homes under the $500k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders use value engineering techniques to reduce the cost of construction and keep prices increasing too much. Smaller lots, standard-sized materials, and evening the pace of building can help deliver high-value for the cost. The results are delivering similar quality at lower prices.