What is the median home value in Lancaster, TX?

The median value of owner-occupied homes in Lancaster, TX is $246,300 (±$13,095), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Lancaster, the median home value went from $136,700 in 2015–2019 to $246,300 in 2020–2024 (+80.2%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$246,300 (±$13,095)
Owner-occupied homes
10,050 (±1,030)
Most common range
$200,000 to $299,999

Home values in Lancaster

Owner-occupied homes by value, 2020–2024
ValueLancasterDallas CountyTexasUnited States
Less than $50,0003.6% (±1.8 points)3.9%6.0%5.3%
$50,000 to $99,9994.0% (±2.6 points)3.1%7.3%6.1%
$100,000 to $149,9997.5% (±2.5 points)5.8%7.7%6.8%
$150,000 to $199,99916.4% (±6.5 points)10.2%10.2%9.0%
$200,000 to $299,99943.9% (±6.2 points)26.5%22.1%17.8%
$300,000 to $499,99922.4% (±4.5 points)28.8%28.0%26.9%
$500,000 to $999,9991.7% (±0.9 points)15.4%14.9%20.9%
$1,000,000 or more0.6% (±0.6 points)6.3%3.7%7.1%

The most common range is $200,000 to $299,999, 43.9% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Lancaster against Dallas County, its state and the nation

Estimate (90% margin of error)
LancasterDallas CountyTexasUnited States
Median home value$246,300 (±$13,095)$303,000 (±$2,811)$283,800 (±$738)$332,700
Owner-occupied homes10,050 (±1,030)498,911 (±4,480)6,879,255 (±32,101)84,210,142

In Lancaster, the median home value is lower than in Dallas County ($303,000).

It is also lower than in Texas ($283,800).

It is lower than the national figure ($332,700).

In Dallas County, Lancaster ranks 19 of 25 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 440 of 1,372.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Lancaster have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$136,700 (±$7,107)$246,300 (±$13,095)+80.2%Up after inflation
Median owner cost with a mortgage$1,373 (±$41)$1,828 (±$121)+33.1%Up after inflation
Median real estate taxes$2,878 (±$250)$3,869 (±$340)+34.4%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Lancaster

Nearest places with a published estimate, compared with Lancaster
PlaceDistanceMedian home valueCompared with this place
Lancaster—$246,300 (±$13,095)—
Bear Creek Ranch2.6 mi$291,300 (±$32,217)Higher
Hutchins4.9 mi$235,200 (±$69,075)Not measurably different
DeSoto5.2 mi$319,400 (±$12,377)Higher
Wilmer5.4 mi$157,200 (±$107,781)Not measurably different
Glenn Heights5.6 mi$309,600 (±$20,402)Higher
Red Oak6.0 mi$366,100 (±$16,690)Higher
Oak Leaf6.7 mi$411,300 (±$45,281)Higher
Ferris7.0 mi$261,800 (±$63,245)Not measurably different

Nearby places with a measurably higher figure: Bear Creek Ranch, TX ($291,300), DeSoto, TX ($319,400), Glenn Heights, TX ($309,600).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Dallas County, place by place

RankPlaceMedian home value
13Glenn Heights$309,600 (±$20,402)
14Cedar Hill$302,700 (±$12,478)
15Grand Prairie$295,500 (±$5,307)
16Bear Creek Ranch$291,300 (±$32,217)
17Garland$270,800 (±$5,445)
18Duncanville$255,500 (±$12,524)
19Lancaster$246,300 (±$13,095)
20Mesquite$245,700 (±$4,016)
21Hutchins$235,200 (±$69,075)
22Seagoville$230,400 (±$13,837)
23Balch Springs$224,400 (±$6,154)
24Cockrell Hill$189,800 (±$36,528)
25Wilmer$157,200 (±$107,781)

Showing 13 of 25 places in Dallas County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lancaster

What is the average home value in Lancaster, TX?

The Census Bureau publishes the median: $246,300 (±$13,095) for owner-occupied homes in Lancaster (2020–2024 American Community Survey).

Have home values in Lancaster gone up?

In Lancaster, the median home value went from $136,700 in 2015–2019 to $246,300 in 2020–2024 (+80.2%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Lancaster sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lancaster city, Texas (place:41212, in state:48).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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