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
Housing Market Summary for Lancaster, CA
| Aug 2022 | August 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $440K | $462.7K | 5.16% |
| Median Sold Price | $468.4K | $462.7K | -1.21% |
| Homes For Sale | 677 | 517 | -23.63% |
| Homes Sold | 2,337 | 1,863 | -20.28% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lancaster, CA
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctions93535 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.
