Lancaster, TX Home Values & Market Trends
Real estate market trends reflect that there have been 610 transactions over the past year in Lancaster. The median value for residential home transactions that occurred over the previous year is $284,163.64. The number of current listings in Lancaster is 109, and the percentage of properties for sale in the city is 109.00%. Lancaster, TX currently has 15 properties in foreclosure, 2 bank owned properties, 13 properties headed for auction, and 109 properties for sale.
Lancaster, TX Real Estate Market Overview
Housing Market Summary for Lancaster, TX
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $279.9K | $270.7K | -3.29% |
| Median Sold Price | $285.3K | $270.7K | -5.11% |
| Homes For Sale | 73 | 102 | 39.73% |
| Homes Sold | 241 | 298 | 23.65% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lancaster, TX
Browse Homes in Lancaster, TX
Lancaster home values range from $40,103 to $5,541,275. The median estimated value of a home in Lancaster is $284,163.64. The median list price of a home is 299,999, and the total count of properties in the city is 13,314.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Lancaster, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Lancaster, TX; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lancaster, TX ranges from the highest value of $226,596 in 75146 to the lowest value of $226,596 in 75134. Bank owned homes and properties account for 0.02% of properties in Lancaster, TX. There are 2 zips within Lancaster, TX; 75134 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions75146 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Lancaster, TX. Auction homes and other auction properties account for 0.10% of all properties in Lancaster, TX. There are 2 zips within Lancaster, TX; of those zips, the median estimated home value for homes going to auction ranges from $413,348 in 75146 to the lowest value of $254,750 in 75146.
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More Real Estate Resources for Lancaster, TX
Guide for Lancaster, TX
Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence
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