$920,000
56.28 Acres
Land
#224039816, Jeffrey A Sauer, Listing Office: Rise Realty
Housing Prices in Lancaster, OH
How much do homes in Lancaster, OH cost?
Median List Price
$239,146
$163/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$14,596(+6.5%)
Key Takeaway
The list price of homes in Lancaster has increased by 6.5% since last year.
Summary: The median home list price in Lancaster was $239,146 in October 2024, up 6.5% from the previous year, and the median price per square foot was $163.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $104.9K | $77.5K | -26.2% |
| 2 Bedrooms | $159.9K | $174.7K | +9.3% |
| 3 Bedrooms | $214.9K | $235K | +9.4% |
| 4 Bedrooms | $305.4K | $331.9K | +8.7% |
| 5+ Bedrooms | $425K | $399.9K | -5.9% |
Summary: Lancaster housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.2%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 5.9%.
Median List Price Compared To Nearby Cities
| Lancaster City Township | $199.6K | $223.7K | +12.1% |
| Pleasant Township | $305K | $335K | +9.8% |
| Lancaster | $224.5K | $239.1K | +6.5% |
| Greenfield Township | $286K | $284.7K | -0.5% |
| Hocking Township | $334.9K | $285K | -14.9% |
Housing Supply in Lancaster, OH
How many homes are available in Lancaster, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 18 | -43.8% |
Summary: The Lancaster real estate market had 18 homes for sale in October 2024, a 43.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 4 | 1 | -75.0% |
| 3 Bedrooms | 12 | 6 | -50.0% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Lancaster housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 75%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.
Days on Market for Lancaster, OH
How long does it take to sell a home in Lancaster, OH?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 118 Days | 569 Days | +379.9% |
Summary: Homes in Lancaster had an average listing age of 569 days in Oct 2024, up by 379.9% compared to the previous year.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved