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Lancaster, TX Housing Market: October 2026 Report

Lancaster's median sale price was $272,311 in the three months ending October 2026, down 6.1% from a year earlier. With 6.0 months of supply, Lancaster is a balanced market. Homes took a median of 50 days to sell and closed at 98.2% of list price.

$272KMedian sale price
-6.1%Price vs. last year
50Median days on market
6.0Months of supply
98.2%Sale-to-list

Lancaster Market Type: Balanced

With 6.0 months of supply in October 2026, Lancaster is a balanced market. Months of supply is how long the homes for sale would last at the current pace of sales. How this page defines it: under 4 months of supply is a seller's market, 4 to 6 months is balanced, and over 6 months is a buyer's market.

Ben's take: “At 6.0 months of supply, Lancaster is balanced. Homes are taking a median of 50 days, so I price against what actually sold in the last 90 days, not against what's listed.”Ben Jimenez, Real Estate Agent, Real Broker, LLC

Lancaster Home Prices: Last 24 Months

The median sale price went from $289,000 in November 2024 to $272,311 in October 2026. Hover a month to see its value.

Lancaster median sale price, last 24 monthsLine chart of the median sale price in Lancaster, TX from November 2024 ($289,000) to October 2026 ($272,311), rolling three-month windows. Source: Redfin.$250K$275K$300KNov 2024May 2025Nov 2025May 2026Oct 2026$272KNovember 2024: $289,000December 2024: $285,000January 2025: $280,000February 2025: $275,500March 2025: $274,500April 2025: $275,250May 2025: $270,000June 2025: $275,000July 2025: $274,500August 2025: $277,000September 2025: $275,000October 2025: $290,000November 2025: $285,000December 2025: $285,000January 2026: $273,000February 2026: $270,450March 2026: $265,500April 2026: $275,750May 2026: $281,500June 2026: $279,500July 2026: $279,500August 2026: $280,000September 2026: $277,000October 2026: $272,311

Lancaster Housing Market by Month

MonthMedian sale priceHomes soldMedian days on marketSale-to-listMonths of supply
October 2026$272,311595098.2%6.0
September 2026$277,000624198.2%5.3
August 2026$280,000643898.6%5.4
July 2026$279,500743998.9%4.1
June 2026$279,500764199.2%4.0
May 2026$281,500785698.3%3.4
April 2026$275,750756198.1%3.2
March 2026$265,500685498.0%3.4
February 2026$270,450604198.7%4.1
January 2026$273,000553998.7%4.7
December 2025$285,000563597.5%4.8
November 2025$285,000633997.4%4.2

Each row is the three months ending that month (Redfin city data is reported as rolling three-month windows), all residential.

What This Means for Buyers in Lancaster

There were about 115 homes for sale in Lancaster at the end of October 2026, 6.0 months of supply. Homes sold for 98.2% of list price on average. On a home at the $272,311 median, that works out to about $4,800 under asking. 19% of homes sold above list price. 51% of the homes for sale had been on the market more than 60 days. Those are the ones with room to negotiate.

What This Means for Sellers in Lancaster

The median Lancaster home took 50 days to sell, 3 days longer than a year earlier. In the three months ending October 2026, 109 new listings came on the market and 59 homes sold. Inventory was up 20.2% from a year earlier. 24% of homes went under contract within two weeks. The median sale price was down 6.1% year over year, so price against recent sales, not last year's.

More on Lancaster and Nearby Cities

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Lancaster Housing Market Questions

What is the median home price in Lancaster, TX?

The median sale price in Lancaster was $272,311 in the three months ending October 2026, based on 59 home sales (Redfin, all residential).

Are home prices going up or down in Lancaster?

The median sale price was down 6.1% from a year earlier and down 5.8% from November 2024, when it was $289,000.

Is Lancaster a buyer's or seller's market right now?

Lancaster is a balanced market with 6.0 months of supply as of October 2026. Under 4 months is a seller's market, 4 to 6 is balanced, and over 6 is a buyer's market. Ben Jimenez, a real estate agent with Real Broker, LLC, updates this report every month.

How long does it take to sell a house in Lancaster?

Homes in Lancaster took a median of 50 days to sell in the three months ending October 2026, 3 days longer than a year earlier.

Do homes in Lancaster sell over asking price?

On average Lancaster homes sold for 98.2% of list price, and 19% sold above list.

Buying or selling in Lancaster?

Book a call with Ben Jimenez, Real Estate Agent with Real Broker, LLC, call or text 469-730-6895, or get a free home value.

Source: Redfin Data Center, October 2026 data, all residential, as of November 3, 2026. Each month is Redfin's rolling three-month window ending that month, not seasonally adjusted. Information deemed reliable but not guaranteed. Updated November 11, 2026.