Housing in Lancaster, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$250,000

Median List Price

$289,995

Price Per Sq Ft

$156

Days on Market

36

Active Inventory

75

Months of Supply

3.9

Seller's market

Zillow Home Value

$267,505

ZHVI — January 2026

Zillow Rent Index

$2,160

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.9%List Price 2.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

21.1%

Off Market in 2 Weeks

16.0%

Sale-to-List Ratio

98.3%

Buyer's market

Sold Above Asking
21.1%
Under Contract in 2 Wks
16.0%
Listings with Price Drops
34.7%

Market Activity

Source: Redfin

Homes Sold

19

New Listings

24

Pending Sales

25

Homes Sold 40.6%New Listings 46.7%Pending 46.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$156

Median List $/SF

$150

Sale $/SF 1.3%List $/SF 5.1%Mar 24Jan 26

Lancaster vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Lancaster is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$229,900

Median Rent

$1,627

Total Housing Units

15,362

Vacancy Rate

4.7%

Owner Occupied

65.7%

Renter Occupied

34.3%

Median Property Tax

$3,903

per year

Monthly Cost (w/ Mortgage)

$1,353

Housing Types

Single Family
80.2%
Multi-Family
17.7%
Mobile Home
2.1%

The current median sale price in Lancaster, TX is $250,000 according to Redfin data. Homes spend a median of 36 days on the market. 21.1% of homes sold above asking price. The market has 3.9 months of supply. The median price per square foot is $156. Zillow's observed rent index is $2,160/month. About 65.7% of housing units are owner-occupied. The median year homes were built is 1990. There are 15,362 total housing units.