29720 Home Values & Market Trends

There are 916 homes currently listed for 29720. 29720 real estate market trends show that home prices range from $10,000 to $2,750,000, and the median sales price in the 29720 zip code is $328,913. The total number of properties sold within the past twelve months is 999. In 29720, 75 properties are in foreclosure, 8 are bank owned properties,and 10 are headed for auction.

29720 Real Estate Market Overview

CityMedian Est. Value
Lancaster

$ 328,913

$ 186/sqft

Housing Market Summary for 29720

Sep 2025September 2026Change
Median Listing Price$325K$329.9K1.53%
Median Sold Price$244.4K$234.6K-4.01%
Homes For Sale63190944.06%
Homes Sold565492-12.92%
Price
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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 29720

The median list price of a home in Lancaster, is $328,913. A total of 916 properties are for sale, and the percentage of properties for sale in the zip code is 916.00%. The total count of 29720 properties is 1,565.

Foreclosure
There is 1 cities within 29720; within this cities, the median estimated home value for homes in foreclosure ranges from $925,000 in lancaster to the lowest value of $73,310 in lancaster. Foreclosure homes account for 4.00% of properties in 29720 with lancaster containing 75 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 3.64% of all residential properties in 29720 with lancaster containing 57 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 29720; of that cities, the estimated home value for pre-foreclosure homes ranges from $925,000 in lancaster to the lowest home value of $110,344 in lancaster.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 29720 ranges from the highest value of $247,000 in lancaster to the lowest value of $73,310 in lancaster. Bank owned homes and properties account for 0.51% of properties in 29720. There is 1 cities within 29720; lancaster containing 8 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    lancaster has 10 auction properties, the highest number of properties going to auction in a single city in the state of 29720. Auction homes and other auction properties account for 0.64% of all properties in 29720. There is 1 cities within 29720; of that cities, the median estimated home value for homes going to auction ranges from $506,876 in lancaster to the lowest value of $99,900 in lancaster.
Homes for Sale
Homes and properties that are actively listed for sale account for 58.53% of residential properties in 29720 with lancaster containing 916 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 29720; homes for sale in that cities, have a range of median values from $2,499,000 in lancaster to the lowest value of $21,890 in lancaster.
    Sold Homes
    The median value for recently sold homes ranges from $1,231,815 in lancaster to the lowest price of $25,069 in lancaster. There is 1 cities within 29720. lancaster has 499 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 31.88% of properties in 29720.

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      Guide for 29720

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.