Lancaster, OH Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Lancaster, OH is $205,000, down 11.0% year-over-year. Homes sell in an average of 44 days with 85 active listings. The market is currently a balanced market.
$205,000median sale price
Is Lancaster a buyer's or seller's market?
Lancaster, OH is currently a balanced market, based on 2.2 months of supply and homes selling in about 44 days. How we determine this →
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
Lancaster, OH market data
| Metric | Value |
|---|---|
| Median sale price | $205,000 |
| Median list price | $229,900 |
| Year-over-year price change | -11.0% |
| Average days on market | 44 days |
| Active inventory | 85 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 95.9% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
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
Homes for sale in Lancaster
There are currently 85 homes listed for sale in Lancaster, Ohio. The median listing price is $230K.
Active listings
85
Homes on market
Median list price
$230K
Avg. days on market
44
Days until sale
New this week
33
Newly listed
Top public schools in Lancaster
12 schools tracked · 7,415 students
The largest public schools serving Lancaster, OH 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.
Lancaster High School
Grades 9-12 · 1,918 students
Thomas Ewing Junior High School
Grades 6-8 · 678 students
General Sherman Junior High School
Grades 6-8 · 677 students
Tarhe Trails Elementary School
Grades K-5 · 631 students
Fairfield Union Rushville Middle School
Grades 5-8 · 625 students
Gorsuch West Elementary School
Grades K-5 · 576 students
Medill Elementary School
Grades K-5 · 565 students
Fairfield Union High School
Grades 9-12 · 561 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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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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