Is Gap, PA 17527 a buyer’s or seller’s market?
Gap is a seller’s market. With about 3.2 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Gap housing market right now
In the three months ending August 31, 2026, 30% of homes in Gap, PA 17527 sold above their list price, the typical home went under contract in 31 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold more slowly (27 days then) and the median sale price fell 5% to $399,327. Overall, Gap is less competitive than a year ago, which gives buyers more room.
Within Lancaster County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell less often over asking than in 96%.
Nearby, buyers who want less competition could look at Adamstown 19501 (0% sold over asking) or New Providence 17560 (25% sold over asking), while Bird In Hand 17505 (100% sold over asking) and Bowmansville 17507 (100% sold over asking) are even more competitive.
Run the numbers for 17527
Nearby markets
Adamstown 19501Buyer’s market $185 /sq ftAkron 17501Seller’s market $199 /sq ftBainbridge 17502Seller’s market $235 /sq ftBird In Hand 17505Seller’s market $173 /sq ft Browse all markets →Towns like Gap nearby
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Questions about Gap real estate
Is Gap a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Gap, PA 17527 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Gap?
The typical home went under contract in 31 days in the latest three months.
Do homes in Gap sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Gap?
About 1.32% of a home’s value a year in Lancaster County, or roughly $5,280 on a $400,000 home.
What is the median home price in Gap?
The median sale price was $399,327 in the three months ending August 31, 2026, about $175 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology