Is Lancaster, WI 53813 a buyer’s or seller’s market?
Lancaster is a seller’s market. With about 2.3 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Lancaster housing market right now
In the three months ending August 31, 2026, 9% of homes in Lancaster, WI 53813 sold above their list price, the typical home went under contract in 46 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 15%, homes sold more slowly (36 days then) and the median sale price rose 10% to $159,931. Overall, Lancaster is less competitive than a year ago, which gives buyers more room.
Within Grant County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in 56%.
Nearby, buyers who want less competition could look at Woodman 53827 (0% sold over asking) or Potosi 53820 (0% sold over asking), while Livingston 53554 (50% sold over asking) and Platteville 53818 (45% sold over asking) are even more competitive.
Run the numbers for 53813
Nearby markets
Bagley 53801Seller’s market $87 /sq ftBloomington 53804Seller’s market $114 /sq ftBoscobel 53805Seller’s market $131 /sq ftCassville 53806Buyer’s market $199 /sq ft Browse all markets →Towns like Lancaster nearby
Find towns like Lancaster in other states →Where Lancaster is
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Questions about Lancaster real estate
Is Lancaster a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Lancaster, WI 53813 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lancaster?
The typical home went under contract in 46 days in the latest three months.
Do homes in Lancaster sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in Lancaster?
About 1.36% of a home’s value a year in Grant County, or roughly $5,440 on a $400,000 home.
What is the median home price in Lancaster?
The median sale price was $159,931 in the three months ending August 31, 2026, about $118 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology