Lancaster, KY Home Values & Market Trends
Real estate market trends reflect that there have been 82 transactions over the past year in Lancaster. The median value for residential home transactions that occurred over the previous year is $154,608.13. The number of current listings in Lancaster is 33, and the percentage of properties for sale in the city is 33.00%. Lancaster, KY currently has 1 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 33 properties for sale.
Lancaster, KY Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 40444 | $ 227,300 $ 142/sqft |
Housing Market Summary for Lancaster, KY
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $289.9K | $133.9K | -53.80% |
| Median Sold Price | $216K | $133.9K | -37.99% |
| Homes For Sale | 37 | 32 | -13.51% |
| Homes Sold | 36 | 41 | 13.89% |
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, KY
Browse Homes in Lancaster, KY
Lancaster home values range from $20,079 to $1,489,603. The median estimated value of a home in Lancaster is $154,608.13. The median list price of a home is 289,900, and the total count of properties in the city is 5,194.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Lancaster, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lancaster, KY; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lancaster, KY ranges from the highest value of $116,663 in 40444 to the lowest value of $116,663 in 40444. Bank owned homes and properties account for 0.02% of properties in Lancaster, KY. There is 1 zips within Lancaster, KY; 40444 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Lancaster, KY. Auction homes and other auction properties account for 0% of all properties in Lancaster, KY. There is 1 zips within Lancaster, KY; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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