Lancaster, CA Home Values & Market Trends

Real estate market trends reflect that there have been 3,351 transactions over the past year in Lancaster. The median value for residential home transactions that occurred over the previous year is $468,848.2. The number of current listings in Lancaster is 517, and the percentage of properties for sale in the city is 74.28%. Lancaster, CA currently has 179 properties in foreclosure, 10 bank owned properties, 36 properties headed for auction, and 517 properties for sale.

Lancaster, CA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
93536

$ 569,500

$ 254/sqft

93535

$ 421,600

$ 265/sqft

93534

$ 430,300

$ 297/sqft

Housing Market Summary for Lancaster, CA

Aug 2022August 2023Change
Median Listing Price$440K$462.7K5.16%
Median Sold Price$468.4K$462.7K-1.21%
Homes For Sale677517-23.63%
Homes Sold2,3371,863-20.28%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lancaster, CA

Lancaster home values range from $33,000 to $3,565,000. The median estimated value of a home in Lancaster is $468,848.2. The median list price of a home is 445,312.5, and the total count of properties in the city is 47,153.

Foreclosure
There are 3 zips within Lancaster, CA; within these zips, the median estimated home value for homes in foreclosure ranges from $3,072,000 in 93535 to the lowest value of $207,000 in 93535. Foreclosure homes account for 0.00% of properties in Lancaster, CA with 93535 containing 79 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.28% of all residential properties in Lancaster, CA with 93536 containing 62 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Lancaster, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $981,400 in 93536 to the lowest home value of $293,250 in 93536.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lancaster, CA ranges from the highest value of $741,600 in 93534 to the lowest value of $326,700 in 93534. Bank owned homes and properties account for 0.02% of properties in Lancaster, CA. There are 3 zips within Lancaster, CA; 93535 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    93535 has 21 auction properties, the highest number of properties going to auction in a single zip in the state of Lancaster, CA. Auction homes and other auction properties account for 0.08% of all properties in Lancaster, CA. There are 3 zips within Lancaster, CA; of those zips, the median estimated home value for homes going to auction ranges from $3,072,000 in 93536 to the lowest value of $207,000 in 93536.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.10% of residential properties in Lancaster, CA with 93536 containing 232 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Lancaster, CA; homes for sale in those zips, have a range of median values from $1,404,000 in 93536 to the lowest value of $141,705 in 93535.
    Sold Homes
    The median value for recently sold homes ranges from $3,210,000 in 93536 to the lowest price of $33,000 in 93536. There are 3 zips within Lancaster, CA. 93536 has 873 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.00% of properties in Lancaster, CA.

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