Is Schaefferstown, PA 17088 a buyer’s or seller’s market?

The Schaefferstown housing market right now

In the three months ending August 31, 2026, 43% of homes in Schaefferstown, PA 17088 sold above their list price, the typical home went under contract in 187 days and there were 7.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (369 days then) and the median sale price rose 42% to $509,779. Overall, Schaefferstown is more competitive than a year ago, so tougher for buyers.

Within Lebanon County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 50%.

Nearby, buyers who want less competition could look at Annville 17003 (17% sold over asking) or Palmyra 17078 (33% sold over asking), while Mount Gretna 17064 (75% sold over asking) and Newmanstown 17073 (52% sold over asking) are even more competitive.