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Lancaster, TX

Full City Profile · Texas · Dallas County County

3.1 /5.0
B Good
40,753 Population 1,232/sq mi density
$67,584 Median Income $31,055 per capita
$229,900 Home Value $269,942 Zillow
$1,627 Median Rent 40.3% income on rent
66°F Avg Temperature 308 sunny days/yr
369 Violent Crime/100K 2,548 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$67,584 median income, 4.5% unemployment
A+
Affordability
4.8 / 5.0
$229,900 home value, $1,627/mo rent
F
Safety
1.0 / 5.0
369 violent crimes/100K
B
Education
3.1 / 5.0
25.7% bachelor's degree or higher

Housing Overview

Median Home Value
$229,900
18% below
US avg: $281,900
Median Rent
$1,627/mo
40% above
US avg: $1,163/mo
Homeownership Rate
65.7%
0% below US avg (65.4%)
Total Housing Units
14,865
Median year built: 1990

Home Value by Source

Census Median
$229,900
Zillow (ZHVI)
$269,942
Median Sale Price
$260,000
Median List Price
$299,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.7%
Owner-Occupied
34.3%
Renter-Occupied
66%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $1,627/mo · Zillow rent: $2,120/mo

Market Indicators (Redfin)

Median Days on Market
52 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
23
Price Drops
32.4%
of listings with price reduction
Price Per Sq Ft
$161
Active Inventory
71
homes for sale

Affordability & Housing Stock

Rent Burden
40.3%
of renters spending 30%+ of income on housing
30% above US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
65.7%

Complete Housing Data

Home Values

Census Median Value$229,900
Zillow Home Value (ZHVI)$269,942
Median Sale Price$260,000
Median List Price$299,000
Price Per Sq Ft$161

Rent

Census Median Rent$1,627
Zillow Rent (ZORI)$2,120
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market52
Sale-to-List Ratio1.0%
Price Drops32.4%
Homes Sold23
Active Inventory71
Price Per Sq Ft$161

Ownership & Stock

Owner-Occupied65.7%
Renter-Occupied34.3%
Homeownership Rate65.7%
Total Housing Units14,865
Median Year Built1990
Rent Burden40.3%