Market Overview
Home Prices in Millersville, PA
The median home value in Millersville, PA is $361,530 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.3% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Millersville are priced12% below average. Millersville is part of the Lancaster, PA metro area.
Over the past five years, Millersville home values have risen by approximately35.5%, reflecting strong long-term appreciation in this market.
Price History
Millersville Home Price Trend
City Comparison
Millersville vs. National Median
At $361,530, homes in Millersville cost 12% below the national median of $410,000. This makes Millersville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Millersville?
20% Down Payment
$72,306
on $361,530
Monthly P&I
$1,886/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,395/mo
incl. taxes & insurance
Income Needed
$95,800
gross annual (30% rule)
10% Down Option
$36,153
+ PMI applies
Loan Amount (20% dn)
$289,224
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Millersville, PA?
The median home value in Millersville is $361,530 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.3% year-over-year.
How much have home prices changed in Millersville?
Over the past year, home values in Millersville have increased by 4.3%. Over five years, prices have risen approximately 35.5%.
How much do I need to earn to buy a home in Millersville?
To comfortably afford the median home price of $361,530 with a 20% down payment ($72,306) at today's rates (6.8%), you'd need a gross annual income of approximately $95,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Millersville compare to the national average home price?
The national median home value is approximately $410,000. At $361,530, homes in Millersville are 12% below the national average.
What metro area is Millersville part of?
Millersville is part of the Lancaster, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.