Is Lancaster, TX 75134 a buyer’s or seller’s market?
Lancaster is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 47% of U.S. ZIP codes, and #68 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Lancaster housing market right now
In the three months ending August 31, 2026, 24% of homes in Lancaster, TX 75134 sold above their list price, the typical home went under contract in 36 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 43 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (57 days then) and the median sale price rose 1% to $278,879. Overall, Lancaster is more competitive than a year ago, so tougher for buyers.
Within Dallas County, homes here sell faster than in 77% of the county’s ZIP codes, and sell more often over asking than in 92%. On our competition score, Lancaster ranks #68 of 868 TX ZIP codes with enough sales (score 47 out of 100).
Nearby, buyers who want less competition could look at Dallas 75237 (0% sold over asking) or Dallas 75226 (0% sold over asking), while Dallas 75246 (33% sold over asking) and Hutchins 75141 (31% sold over asking) are even more competitive.
Run the numbers for 75134
Nearby markets
Addison 75001Balanced $259 /sq ftBalch Springs 75180Balanced $164 /sq ftCarrollton 75006Balanced $202 /sq ftCedar Hill 75104Seller’s market $168 /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 balanced market: there were 4.1 months of supply in Lancaster, TX 75134 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 36 days in the latest three months.
Do homes in Lancaster sell over asking?
24% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.
What are property taxes in Lancaster?
About 1.58% of a home’s value a year in Dallas County, or roughly $6,320 on a $400,000 home.
What is the median home price in Lancaster?
The median sale price was $278,879 in the three months ending August 31, 2026, about $155 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