Lancaster Housing Market Report December 2024•Dallas County, Texas

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Housing Prices in Lancaster, TX

How much do homes in Lancaster, TX cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$295,000$163/SqFt
-$4,000
-1.3%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Lancaster has decreased by 1.3% since last year.

Summary: The median home list price in Lancaster was $295,000 in December 2024, down 1.3% from the previous year, and the median price per square foot was $163.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Hutchins
+7.2%
Southwest Dallas
+2.7%
Lancaster
-1.3%
Glenn Heights
-2.1%
Wilmer
-12.7%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$130K$192.5K
+48.1%
4$319.9K$325K
+1.6%
2$204.9K$199.9K
-2.4%
3$279.7K$273K
-2.4%
5$355K$379.4K
+6.9%

Summary: Lancaster housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +48.1%. The home price for 4 bedroom homes increased by +1.6%. The home price for 2 bedroom homes decreased by -2.4%. The home price for 3 bedroom homes decreased by -2.4%. The home price for 5 bedroom homes increased by +6.9%.

Housing supply in Lancaster, TX

How many homes are available in Lancaster, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
153Last MonthDec 2024
1282 months agoNov 2024
+19.5 %
Change MoMNov – Dec

Summary: The Lancaster real estate market had 153 homes for sale in Dec 2024, a 19.5 % increase compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
44656
+21.7%
246
+50.0%
36978
+13.0%
5913
+44.4%

Summary: Lancaster housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +21.7%. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +13.0%. The inventory for 5 bedroom homes increased by +44.4%.

Days on Market for Lancaster, TX

How long does it take to sell a home in Lancaster, TX?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
72 DaysThis YearDec 2024
137 Days1 year agoDec 2023
-47.1 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Lancaster had an average listing age of 72 days in Dec 2024, down by 47.1% compared to the previous year.

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Newest Listings in Lancaster, TX

What homes are available in Lancaster, TX?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from North Texas Real Estate Information Systems Inc., and Greater McAllen Association of Realtors for the period 01/01/2023 - 01/01/2025

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 1/17/2025, 11:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 1/17/2025, 11:16:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.