$170,000
0.73 Acres
Land
Oscar Reyes, Listing Office: Hi View Real Estate
Housing Prices in Lancaster, TX
How much do homes in Lancaster, TX cost?
Median List Price
$296,633
$160/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2023
-$2,365(-0.8%)
Key Takeaway
The list price of homes in Lancaster has decreased by 0.8% since last year.
Summary: The median home list price in Lancaster was $296,633 in August 2024, down 0.8% from the previous year, and the median price per square foot was $160.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $192.5K | +48.1% |
| 2 Bedrooms | $180K | $204.9K | +13.8% |
| 3 Bedrooms | $275K | $275K | 0.0% |
| 4 Bedrooms | $324.9K | $323.9K | -0.3% |
| 5+ Bedrooms | $350K | $397K | +13.4% |
Summary: Lancaster housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.1%, 2 bedroom homes increased by 13.8%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 13.4%.
Median List Price Compared To Nearby Cities
| Hutchins | $271K | $288K | +6.3% |
| Southwest Dallas | $325.1K | $339.3K | +4.4% |
| Wilmer | $267.5K | $269K | +0.6% |
| Glenn Heights | $370K | $370K | 0.0% |
| Lancaster | $298.9K | $296.6K | -0.8% |
Housing Supply in Lancaster, TX
How many homes are available in Lancaster, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 132 | 131 | -0.8% |
Summary: The Lancaster real estate market had 131 homes for sale in August 2024, a 0.8% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 68 | 69 | +1.5% |
| 4 Bedrooms | 49 | 47 | -4.1% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Lancaster housing inventory by bedroom type for August 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 1.5%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 9.1%.
Days on Market for Lancaster, TX
How long does it take to sell a home in Lancaster, TX?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 114 Days | 68 Days | -40.2% |
Summary: Homes in Lancaster had an average listing age of 68 days in Aug 2024, down by 40.2% compared to the previous year.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
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