Housing Prices in Lancaster, TX

How much do homes in Lancaster, TX cost?

Median List Price

$299,900

$162/sqft

Based on all homes listed in the last 12 months.

The Median List Price hasn't changed since March 2023.

Key Takeaway

The list price of homes in Lancaster has remained the same since last year.

Summary: The median home list price in Lancaster was $299,900 in March 2024, the same as the previous year, and the median price per square foot was $162.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $160K$120K
-25.0%
2 $192K$195.9K
+2.0%
3 $275K$279.9K
+1.8%
4 $330K$320.5K
-2.9%
5+ $380K$379K
-0.3%

Summary: Lancaster housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 0.3%.

Median List Price Compared To Nearby Cities

Hutchins
+3.8%
Southwest Dallas
+2.3%
Glenn Heights
+1.4%
Wilmer
+1.0%
Lancaster
0.0%

Housing Supply in Lancaster, TX

How many homes are available in Lancaster, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
134149+11.2%

Summary: The Lancaster real estate market had 149 homes for sale in March 2024, a 11.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 7078
+11.4%
4 4451
+15.9%
5+ 1514
-6.7%

Summary: The Lancaster housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes decreased by 6.7%.

Days on Market for Lancaster, TX

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

Average Listing Age

Mar 2023Mar 2024CHANGE
121 Days72 Days-40.3%

Summary: Homes in Lancaster had an average listing age of 72 days in Mar 2024, down by 40.3% compared to the previous year.

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

Report Updated 25 Days Ago

Newest Listings in Lancaster, TX

Nearby Markets to Lancaster, TX

What housing markets are near Lancaster, TX?