Lancaster, TX

Balanced market-5.9% YoY

Housing market overview · Updated weekly

$260,000median sale price

Homes sold

23

Last 12 weeks

Days on market

52

Average pace

Active listings

71

3.1 months supply

Sale-to-list

98.6%

Below asking

The Lancaster housing market is currently classified as a balanced market with a median sale price of $260,000. Prices have fallen 5.9% compared to last year, with homes spending an average of 52 days on market, indicating 3.1 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 71 homes listed for sale in Lancaster, Texas. The median listing price is $299K.

Active listings

71

Homes on market

Median list price

$299K

Avg. days on market

52

Days until sale

New this week

25

Newly listed

Price drops:32.4%of listings
Sale-to-list:98.6%

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Frequently asked questions

What is the average home price in Lancaster?

The median home sale price in Lancaster is $260,000, down 5.9% from last year.

How long do homes stay on market in Lancaster?

Homes typically spend 52 days on market before going under contract.

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

With 3.1 months of supply, Lancaster is currently a balanced market.

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