Is Lancaster, MO 63548 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Lancaster is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Lancaster housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Schuyler County, MO

Population	1,154
Median income	$66,625
Average income	$76,530
Median home value	$163,400
Median rent	$349/month
Owner-occupied	81% of homes
Median year built	1961

Natural hazard riskTornadoes (relatively high), extreme heat (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 63548; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 63548

Prefilled for 63548Can I win this house?Multiple-offer likelihood for a listing Prefilled for 63548Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Coatsville 63535 — /sq ft Downing 63536Buyer’s market $102 /sq ft Glenwood 63541Buyer’s market $184 /sq ft Queen City 63561Seller’s market $132 /sq ft Browse all markets →

Towns like Lancaster nearby

Find towns like Lancaster in other states →

Seymour, IA52590 · 34 miles away88% similaryounger residents La Plata, MO63549 · 35 miles away81% similarcheaper homes ($28K less) · larger Albia, IA52531 · 38 miles away76% similarlarger · older residents Novinger, MO63559 · 20 miles away74% similarcheaper homes ($31K less) · older residents

Where Lancaster is

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Questions about Lancaster real estate

What are property taxes in Lancaster?

About 0.79% of a home’s value a year in Schuyler County, or roughly $3,160 on a $400,000 home.

Local agents

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More tools for 63548

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Schuyler County property taxes Schuyler County loan limits Closing costs in Missouri Hottest ZIP codes in Missouri

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology