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Duplex (2 Units, Any Combination)Residential
$148,351$132 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 85How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

48 S WATER ST

LANCASTER, PA 17603
3
Beds
1.5
Baths
1,124 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1,307 ft²
Lot SizeThe size of the land the home sits on, from county records.
1885
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$148K
$126K low$171K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,896 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$47,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$6,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$40,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$47,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$47,400

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.11 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Duplex (2 Units, Any Combination)
CountyLANCASTER
Lot (acres)The size of the land the home sits on, from county records.0.03
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Fulton Elementary SchoolD
Elementary · Grades PK–5 · 0.3 mi
M
Reynolds Middle SchoolD
Middle · Grades 6–8 · 0.7 mi
H
McCaskey High SchoolD
High · Grades 9–12 · 1.3 mi

District: Lancaster School District

Neighborhood · ZIP 17603These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.113
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.66

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.69,285
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,347 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$75,890
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$100,465
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.43 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.57%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

48 S Water St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the least valuable homes in Lancaster County
  • Costs less per square foot than 96% of homes in Lancaster County
  • Smaller than 86% of homes in Lancaster County
  • Has a smaller lot than 97% of homes in Lancaster County
  • Older than 95% of homes in Lancaster County

What homes are worth in Lancaster 17603

Each bar is how many homes fall in that price range. The marker is this home.

This home
$138K$933K

This home is worth more than 3% of homes in Lancaster 17603.

How it measures up in Lancaster 17603

The dot is this home. The mark in the middle is the typical home in Lancaster 17603.

Estimated value$148,351
CheaperTypical $310,156Pricier

Pricier than 3% of homes nearby

Price per ft²$132
CheaperTypical $201Pricier

Pricier than 10% of homes nearby

Living area1,124 ft²
SmallerTypical 1,512 ft²Bigger

Bigger than 19% of homes nearby

Lot size1,307 ft²
SmallerTypical 0.11 acBigger

Bigger than 10% of homes nearby

Year built1885
OlderTypical 1953Newer

Newer than 7% of homes nearby

How 48 S Water St ranks against every home in each area.
MeasureThis homeLancaster 17603Lancaster County
Estimated valuepricier than$148,3513% of homesalmost no homes
Price per ft²pricier than$13210% of homes4% of homes
Living areabigger than1,124 ft²19% of homes14% of homes
Lot sizebigger than1,307 ft²10% of homes3% of homes
Year builtnewer than18857% of homes5% of homes

About 48 S Water St

How much is 48 S Water St, Lancaster, PA worth?

The TopHap Estimate for 48 S Water St, Lancaster, PA is $148,351 as of Jul 14, 2026. The likely range is $126,098 to $170,604. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 48 S Water St, Lancaster, PA last sell?

48 S Water St, Lancaster, PA last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 48 S Water St, Lancaster, PA?

48 S Water St, Lancaster, PA has 3 bedrooms, 1.5 bathrooms, 1,124 square feet of living space and a 0.03-acre lot.

When was 48 S Water St, Lancaster, PA built?

48 S Water St, Lancaster, PA was built in 1885, making it 141 years old. The building has 2 stories.

What schools serve 48 S Water St, Lancaster, PA?

48 S Water St, Lancaster, PA is assigned to Fulton Elementary School (elementary), rated D; Reynolds Middle School (middle), rated D; McCaskey High School (high), rated D. All sit in Lancaster School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 48 S Water St, Lancaster, PA compare to other homes in Lancaster 17603?

Among the 20,007 homes in Lancaster 17603, it is worth more than 3% of them ($148,351 against a typical $310,156), its price per square foot is higher than 10% of them ($132 against a typical $201), it is bigger than 19% of them (1,124 ft² against a typical 1,512 ft²), its lot is bigger than 10% of them (1,307 ft² against a typical 0.11 ac) and it is newer than 7% of them (1885 against a typical 1953). Measured against all of Lancaster County, it is worth more than almost no homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 48 S Water St, Lancaster, PA?

The 2025 property tax bill for 48 S Water St, Lancaster, PA was $1,896. The county assessed it at $47,400.

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