In-depth Real Estate Data: Communities

Lancaster Research, Pricing, and Statistics

From May 12th, 2024 through November 8th, 2024

Units Sold:

30

Average Sold Price:

$113,191

Average Sold Discount:

4%

Average Price Reduction:

3%

Average DOM:

44

The Lancaster community offers a variety of homes for sale, with an average list price of $234,117. Properties typically range from 1,133 to 1,806 sq ft and feature 2 to 3 bedrooms. With lot sizes averaging 4,598 sq ft, there's plenty of space to enjoy. Homes generally spend 20 to 60 days on the market, making it a great time to buy or sell!

Active Listings

6

Average List Price

$234,117

Typical List Price

$221k to $249k

Homes Listed per Price Range

A visual list price spectrum representation

$185kto$217k$217kto$248k$248kto$280k
2024133

Sold Listings

30

Average Selling Price

$113,191

Typical Selling Price

$2k to $210k

Homes Sold per Price Range

A visual sold price spectrum representation

$1kto$135k$135kto$269k$269kto$280k
202414152

Average Sold Price per Sq Ft

$172

Typical Sold Price per Sq Ft

$158 to $182

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$26$26to$51$51to$76$76to$101$101to$127$127to$152$152to$177
202412377

Average Days to Sell

44

Typical Days to Sell

10 to 60

Days on the Market Distribution

The number of homes sold in each DOM range

1to3333to6565to9898to130130to162162to182
2024176323

Average Price Reduction

3%

Typical Price Reduction

0% to 4%

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to16%16%to18%18%to20%20%to22%22%to24%24%to24%
20243735221114

Average Discount from Original List

4%

Typical Sold Discount from Original List

0% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-1%to2%2%to5%5%to9%9%to12%12%to16%16%to19%19%to22%
20241743123

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 2%

Negotiated Disocunts from Final List Price

The percentage difference between final list price and closed price, distributed

-4%to-2%-2%to1%1%to3%3%to5%5%to8%8%to10%10%to13%
20242191422

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.