Lancaster, OH
Housing market overview · Updated weekly
$205,000median sale price
Homes sold
38
Last 12 weeks
Days on market
44
Average pace
Active listings
85
2.2 months supply
Sale-to-list
95.9%
Below asking
The Lancaster housing market is currently classified as a balanced market with a median sale price of $205,000. Prices have fallen 11.0% compared to last year, with homes spending an average of 44 days on market, indicating 2.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Lancaster?
The median home sale price in Lancaster is $205,000, down 11.0% from last year.
How long do homes stay on market in Lancaster?
Homes typically spend 44 days on market before going under contract.
Is Lancaster a buyer's or seller's market?
With 2.2 months of supply, Lancaster is currently a balanced market.
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