The Lancaster housing market is somewhat competitive. The median sale price of a home in Lancaster was $230K last month, up 24.8% since last year. The median sale price per square foot in Lancaster is $166, up 10.3% since last year.
What is the housing market like in Lancaster today?
In February 2025, Lancaster home prices were up 24.8% compared to last year, selling for a median price of $230K. On average, homes in Lancaster sell after 53 days on the market compared to 41 days last year. There were 40 homes sold in February this year, up from 38 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$230,300
+24.8% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Lancaster, OH
$230,300
+24.8%
United States
To compare other locations to the Lancaster and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lancaster add value to a home.
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How hot is the Lancaster housing market?
Lancaster is somewhat competitive. Homes sell in 49.5 days.
0
100
64
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 50 days.
Hot homes
can sell for about 1% above list price and go pending in around 29 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lancaster housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lancaster.
Flood Factor - Moderate
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lancaster has a moderate risk of flooding. 2,957 properties in Lancaster are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Lancaster. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lancaster has a moderate risk of wildfire. There are 399 properties in Lancaster that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Lancaster.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lancaster has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lancaster is most at risk from hurricanes. 17,672 properties in Lancaster have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 49 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 58 mph.