Housing Prices in Lancaster, TX

How much do homes in Lancaster, TX cost?

Median List Price

$297,300

$162/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$2,600(-0.9%)

Key Takeaway

The list price of homes in Lancaster has decreased by 0.9% since last year.

Summary: The median home list price in Lancaster was $297,300 in October 2024, down 0.9% from the previous year, and the median price per square foot was $162.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $130K$192.5K
+48.1%
2 $192K$199.9K
+4.1%
3 $280K$275K
-1.8%
4 $320K$320K
0.0%
5+ $352.5K$395K
+12.1%

Summary: Lancaster housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.1%, 2 bedroom homes increased by 4.1%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 12.1%.

Median List Price Compared To Nearby Cities

Hutchins
+8.1%
Southwest Dallas
+3.8%
Wilmer
+0.9%
Lancaster
-0.9%
Glenn Heights
-2.8%

Housing Supply in Lancaster, TX

How many homes are available in Lancaster, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
129138+7.0%

Summary: The Lancaster real estate market had 138 homes for sale in October 2024, a 7.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 6775
+11.9%
4 4446
+4.5%
5+ 1312
-7.7%

Summary: The Lancaster housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 7.7%.

Days on Market for Lancaster, TX

How long does it take to sell a home in Lancaster, TX?

Average Listing Age

Oct 2023Oct 2024CHANGE
134 Days75 Days-43.7%

Summary: Homes in Lancaster had an average listing age of 75 days in Oct 2024, down by 43.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Lancaster, TX

Nearby Markets to Lancaster, TX

What housing markets are near Lancaster, TX?