New Low in Home Prices for Lancaster Real Estate Market

While home sales in the Lancaster market have been above average, in this week's report they slid 2.9% to 101 homes sold over the last 30 days. Meanwhile, close-by Los Angeles reported 2,302 homes sales, the highest number from all the surrounding cities. Prices found a bottom with the median sales price falling to $235,000, a three-month low. There are only three months of inventory available in Lancaster, so it's still a seller's market, despite the falling prices.

If you want a low price tag for your next home, these listings are the most affordable Lancaster has to offer:

$146K   $149K   $150K  

Get started right now by checking out Lancaster homes for sale or reviewing Lancaster real estate trends.

Demographic facts for Lancaster:

  • The total number of vacant homes in the area is 9.3%.
  • The area gets 281 sunny days a year. (U.S. average: 205)
  • The student per librarian ratio in this area is 19,134:1. (803:1 = national average)

Data reported through 10/12/2016

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Real Estate eBroker Inc.
Snapped 118 homes in this area
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Century 21 Doug Anderson & Assoc., Inc.
Snapped 8 homes in this area

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