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Housing in Lancaster

276 homes sold in Lancaster in the last year, at a typical $280K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lancaster homes are listed.

Homes sold
276
June 2025 to May 2026
Typical sale price
$280K
median, weighted by sales
Price per square foot
$152
Texas $175
Paid vs. asking
98.2%
26% sold over asking
For sale now
78
May 2026 · 26 sold that month
What sold · last 12 months

Houses are 99% of Lancaster’s sales, at a typical $279K

276 homes sold in the year to May 2026.

Houses$279K

typical sale · 272 sold in 12 months

Per square foot
$152TX $173
Days to sell
55
Sold over asking
26%
Listings with a price cut
32%
Fewer sales

Multi-family (2–4 units): 3 sold, typical $405K
Townhouses: 1 sold, typical $200K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

276 sales in the last year, against 443 in 2019 and a low of 279 in 2013. The typical sale went from $139K in 2016 to $280K.

Homes soldTypical sale price
0112225337450$100K$200K$300K$400K2012: 342 sold, typical $78K’122013: 279 sold, typical $91K2014: 342 sold, typical $113K’142015: 341 sold, typical $124K2016: 434 sold, typical $139K’162017: 387 sold, typical $158K2018: 406 sold, typical $172K’182019: 443 sold, typical $190K2020: 409 sold, typical $205K’202021: 361 sold, typical $247K2022: 353 sold, typical $292K’222023: 302 sold, typical $289K2024: 335 sold, typical $287K’242025: 285 sold, typical $278KLast 12 months: 276 sold, typical $280KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Lancaster

Houseat $152 a sq ft
The same money in Texasat $173 a sq ft

Is this asking price fair?

Check a listing against what Lancaster homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Lancaster are rarer than before the pandemic, and more homes are for sale

We read every month of Lancaster’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 276 sales.

If you’re buying in Lancaster

  • Shop in February. It brings about 36 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
  • You can negotiate. 32% of listings have cut their price, against 22% before the pandemic.
  • Bid near asking. Buyers paid 98.2% of the list price on average; 26% paid over.
  • You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 54 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 44 a month), but July is the most competitive: 41% of July sales close over asking. February offers nearly as much choice with fewer homes bid up (27%). February has the least competition (27%).

New listings a monthShare sold over asking
011.322.533.84520%40%60%Sweet spotJan: 34 new listings a month, 31% sold over asking, 43 days to sellJFeb: 36 new listings a month, 27% sold over asking, 31 days to sellFMar: 41 new listings a month, 37% sold over asking, 32 days to sellMApr: 37 new listings a month, 40% sold over asking, 34 days to sellAMay: 40 new listings a month, 39% sold over asking, 26 days to sellMJun: 44 new listings a month, 37% sold over asking, 32 days to sellJJul: 40 new listings a month, 41% sold over asking, 29 days to sellJAug: 40 new listings a month, 36% sold over asking, 27 days to sellASep: 39 new listings a month, 40% sold over asking, 31 days to sellSOct: 38 new listings a month, 35% sold over asking, 31 days to sellONov: 32 new listings a month, 40% sold over asking, 31 days to sellNDec: 27 new listings a month, 37% sold over asking, 34 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Texas

Lancaster now2017–192021 peakTX now
Sold over askingShare of sales that closed above the list price26%35%58%12%
Gone within two weeksShare of homes under contract within 14 days26%51%64%20%
Listings with a price cutShare of homes for sale that cut their price32%22%14%30%
Price paid vs. askingAverage sale price ÷ list price98.2%99.1%101.5%96.9%
Days to sellMedian days from listing to contract54262171
Supply

83 homes for sale on a typical day

That’s 2.9 times the 2021 low (29) and 35% more than in 2017–19.

2012: 102 for sale’122013: 81 for sale2014: 84 for sale2015: 76 for sale’152016: 58 for sale2017: 55 for sale2018: 57 for sale’182019: 73 for sale2020: 52 for sale2021: 29 for sale’212022: 68 for sale2023: 77 for sale2024: 86 for sale’242025: 93 for saleLast 12 months: 83 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against 22% in 2017–19 and 30% across Texas. More sellers are pricing high and coming down.

2015: 16%’152016: 15%2017: 18%2018: 19%’182019: 26%2020: 18%2021: 14%’212022: 29%2023: 33%2024: 33%’242025: 31%Last 12 months: 32%Now
Across Texas

Lancaster ranks 6th of 372 busy Texas markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Lancaster is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lancaster home costs about $1,827 a month

Mortgage
Property tax
Insurance
Rent

Price: Lancaster’s typical sale, last 12 months. Property tax at Lancaster’s 1.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lancaster is affordable on local pay is on Cost of living.

Before you buy in Lancaster

Six things worth knowing

44

New listings in June

The month with the most choice. December has the fewest, about 27.

Best time to buy
1.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $280K home, about $4,400 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Lancaster, from test results, graduation and how much students grow.

Schools in Lancaster
29 min

Typical commute

The average one-way trip to work for people who live in Lancaster.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Hutchins for far more

The busier markets within 25 miles of Lancaster, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
DeSoto440$356K$15420%61
Red Oak280$377K$17216%82
Lancaster276$280K$15226%54
Glenn Heights227$361K$16822%81
Wilmer44$233K$16630%61
Hutchins42$325K$20110%119
Bear Creek Ranch28$296K$15229%59

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lancaster, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lancaster. People who follow the town see it, and so do people comparing Lancaster with their own town. No commission, no listing fee.

Questions about buying a home in Lancaster

What do homes sell for in Lancaster, TX?

276 homes sold in the year to May 2026 at a typical $280K, $152 a square foot.

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

A seller’s market: 78 homes were for sale in May 2026 and 26 sold, about 3 months of supply. Buyers paid 98.2% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Lancaster?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lancaster?

About 1.6% of a home’s value a year. On a $280K home that’s near $4,400.

Where can I see homes for sale in Lancaster?

Zillow, Redfin, Realtor.com and Homes.com all carry Lancaster’s MLS listings; the search links above open each one filtered to Lancaster.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).