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.

Difference Since April 2023

+$400(+0.1%)

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 April 2024, up 0.1% from the previous year, and the median price per square foot was $162.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $160K$130K
-18.8%
2 $200K$195.9K
-2.1%
3 $275K$279.9K
+1.8%
4 $329.9K$323.4K
-2.0%
5+ $370K$395K
+6.8%

Summary: Lancaster housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.8%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 6.8%.

Median List Price Compared To Nearby Cities

Southwest Dallas
+3.6%
Hutchins
+3.5%
Lancaster
0.1%
Glenn Heights
0.0%
Wilmer
-1.8%

Housing Supply in Lancaster, TX

How many homes are available in Lancaster, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
147157+6.8%

Summary: The Lancaster real estate market had 157 homes for sale in April 2024, a 6.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 56
+20.0%
3 7682
+7.9%
4 5154
+5.9%
5+ 1413
-7.1%

Summary: The Lancaster housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 7.1%.

Days on Market for Lancaster, TX

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

Average Listing Age

Apr 2023Apr 2024CHANGE
119 Days65 Days-45.2%

Summary: Homes in Lancaster had an average listing age of 65 days in Apr 2024, down by 45.2% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in Lancaster, TX

Nearby Markets to Lancaster, TX

What housing markets are near Lancaster, TX?