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Sarah Mitchell

CNESRESABR

Compass Real Estate · Lancaster, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lancaster, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lancaster, CA Housing Market & Real Estate

Seller's market-10.1% YoY

Housing market overview · Updated monthly ·

$449,000median sale price

How is the Lancaster, CA housing market right now?

The median home sale price in Lancaster, CA is $449,000, down 10.1% year-over-year. Homes sell in an average of 47 days with 375 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Lancaster a buyer's or seller's market?

Seller's market2.8 months of supply47 avg. days on market

Lancaster, CA is currently a seller's market, based on 2.8 months of supply and homes selling in about 47 days. How we determine this →

Homes sold

134

Last 12 weeks

Days on market

47

Average pace

Active listings

375

2.8 months supply

Sale-to-list

100.3%

Above asking

What does the Lancaster housing market data show?

Current housing market statistics for Lancaster, CA
MetricValue
Median sale price$449,000
Median list price$483,450
Year-over-year price change-10.1%
Average days on market47 days
Active inventory375 listings
Months of supply2.8 months
Sale-to-list price ratio100.3%
Median price per sq ft$266/sq ft
Homes sold (latest month)134
New listings (latest month)148
Listings with a price cut28.8%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Lancaster by property type?

How the Lancaster, CA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Lancaster, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$455,000$267/sq ft12542 days
Condo / Co-op$324,000$245/sq ft777 days
Townhouse$255,000$208/sq ft2206 days

Source: Redfin · Updated monthly

The Lancaster housing market is currently classified as a seller's market with a median sale price of $449,000. Prices have fallen 10.1% compared to last year, with homes spending an average of 47 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.1x provides context for how home values compare to local earning capacity.

Homes for sale in Lancaster

There are currently 375 homes listed for sale in Lancaster, California. The median listing price is $483K.

Active listings

375

Homes on market

Median list price

$483K

Avg. days on market

47

Days until sale

New this week

148

Newly listed

Price drops:28.8%of listings
Sale-to-list:100.3%

Who lives in Lancaster?

Population

170,013

Median income

$76,083/yr

Median age

34.2 years

Owner-occupied

58.4%

College grads

20.1%

Avg commute

31.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Lancaster?

Zillow home value

$467,567

Zillow rent index

$2,403/mo

Price-to-rent ratio

16.2x

Price-to-income

6.1x

Source: Zillow Research

What is it like to live in Lancaster?

Lancaster is a community of approximately 170K residents with a median age of 34.2 years.The median household income is $76,083, which reflects a relatively affluent area with strong earning potential. 20.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 58.4%, showing a blend of owner and renter-occupied properties. The average commute time is 31.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lancaster offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Lancaster?

45 schools tracked · 33,601 students

The largest public schools serving Lancaster, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Assurance Learning Academy

Grades 8-12 · 3,111 students

Charter

Lancaster High

Grades 9-12 · 2,697 students

Public

Eastside High

Grades 9-12 · 2,592 students

Public

Antelope Valley High

Grades 9-12 · 1,512 students

Public

Amargosa Creek Middle

Grades 6-8 · 954 students

Public

New Vista Middle

Grades 6-8 · 938 students

Public

Sundown Elementary

Grades K-6 · 889 students

Public

Joe Walker Middle

Grades 6-8 · 818 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Lancaster, CA?

Want a head-to-head view? Compare Lancaster side-by-side with any other U.S. city using our market-comparison tool.

Is Lancaster a good real estate investment market?

For investors evaluating Lancaster, the price-to-rent ratio of 16.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 10.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lancaster's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lancaster's median home price.

Frequently asked questions

What is the average home price in Lancaster?

The median home sale price in Lancaster is $449,000, down 10.1% from last year.

How long do homes stay on market in Lancaster?

Homes typically spend 47 days on market before going under contract.

What is the median income in Lancaster?

The median household income is $76,083 per year.

Is Lancaster a buyer's or seller's market?

With 2.8 months of supply, Lancaster is currently a seller's market.

What is the Zillow home value estimate for Lancaster?

The Zillow Home Value Index (ZHVI) for Lancaster is $467,567, representing the typical home value in the area.

What is the median condo price in Lancaster?

The median condo/co-op sale price in Lancaster, CA is $324,000, compared to $455,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Lancaster?

The median single-family home price in Lancaster, CA is $455,000 (about $267 per square foot).

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