#22504434, Russell P. Meyer, Listing Office: Nebraska Realty
Lancaster Housing Market Report January 2025•Lancaster County, Nebraska
Housing Prices in Lancaster, NE
How much do homes in Lancaster, NE cost?
Housing Market Conditions
Is Lancaster, NE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lancaster is a Neutral Market
Difference Since December 2024
Last month, Lancaster was a Seller's Market.
Lancaster is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in January 2025
Homes in Lancaster have sold for 3.4% less than they did a month ago.
Summary: The median home sold price in Lancaster was $555,450 in January 2025, down 3.4% from last month, and the median price per square foot was $192.
Median Sold Price By Cities
City | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Lancaster | $575K | $555.4K | -3.4% |
Lincoln | $290K | $275K | -5.2% |
Median Sold Price By Bedrooms
Beds | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | $270K | N/A |
33 Bedrooms | $514.2K | - | N/A |
44 Bedrooms | $639.9K | $495K | -22.7% |
55+ Bedrooms | $514.9K | $579K | +12.5% |
Summary: Lancaster housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -22.7%. The home price for 5 bedroom homes increased by +12.5%.
Housing supply in Lancaster, NE
How many homes are available in Lancaster, NE?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
66Last MonthJan 2025 | ||
602 months agoDec 2024 | +10.0 % Change MoMDec – Jan |
Summary: The Lancaster real estate market had 66 homes for sale in Jan 2025, a 10.0 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
10Last MonthJan 2025 | ||
112 months agoDec 2024 | -9.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 1 | 0.0% |
33 Bedrooms | 6 | 9 | +50.0% |
44 Bedrooms | 35 | 32 | -8.6% |
55+ Bedrooms | 18 | 24 | +33.3% |
Summary: Lancaster housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes decreased by -8.6%. The inventory for 5 bedroom homes increased by +33.3%.
Asking Price vs. Sold Price
How much do homes in Lancaster, NE cost?
Over Asking Price2 Homes
At Asking Price6 Homes
Under Asking Price2 Homes
If you're buying a home in Lancaster, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Lancaster in January 2025, down by 9.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 60% were sold at asking, and and 20% were sold over asking.
Days on Market for Lancaster, NE
How long does it take to sell a home in Lancaster, NE?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days2 Homes
Over 90 Days3 Homes
Many homes in Lancaster are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 10 homes were sold in Lancaster; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
61 DaysLast MonthJan 2025 | ||
29 Days1 month agoDec 2024 | +109.1 % Change MoMDec – Jan |
Summary: Homes in Lancaster had an average listing age of 61 days in Jan 2025, up by 109.1% compared to the previous month.
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Newest Listings in Lancaster, NE
What homes are available in Lancaster, NE?
Nearby markets
MLS Disclaimers and Copyright
Based on information from Great Plains Regional MLS, for the period 12/01/2024 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.