Lancaster, Texas.
Typical home $269,301 (-1.8% in a year), asking rent $2,252 (+3.8%). Dallas-Fort Worth-Arlington, TX metro.
to buy the typical home at today's mortgage rate — +$716 (+103%) since Jan 2020.
- 1 year
- Down $4,974 -2%
- $274,275$269,301 since Sep 2025
- 5 years
- Up $30,105 +13%
- $239,196$269,301 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Lancaster$1,413
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 29 years.
Typical home values in Lancaster, TX fell 1.8% over the past year — slower than the nation's +1.2%.
Asking rents in Lancaster, TX rose 3.8% over the past year — faster than the nation's +2.7%.
Owning the typical home in Lancaster runs $195/mo less than renting one. The gap peaked at $532 in Jul 2020.
That is $2,057 a month against $2,252 rent: a $1,413 mortgage payment, plus $355 property tax and $288 insurance & upkeep.
Owning vs renting — Lancaster
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,057
- Renting$2,252
- Mortgage only$1,413
Property tax · $355/mo 1.58% of value a year — the ACS 2020-2024 median bill over the median home value for Dallas County, TX
Insurance & upkeep · $288/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Lancaster, Dallas County, Texas
Lancaster is a city of 41,275 people in Dallas County. Half its households earn more than $68,302 a year and half less, against $76,547 across Dallas County; 15% of its people live below the poverty line. 68% of its homes are lived in by their owners and 32% are rented. Unemployment in Lancaster was 6.3% in August 2026, and Dallas County had 0.2% more jobs in 2025 than the year before. The most residents work in schools and health care, then transport and warehouses.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Lancaster is a city in Dallas County, home to a large population that is younger than in many American towns. Most homes are lived in by their owners, though the city has more renters than many older suburbs. Household incomes run below the county's, and a smaller share of adults hold a four-year degree than in much of the metropolitan area.
Work. Many residents work in schools, hospitals and social care, in transport, warehouses and utilities, and in shops. Some of the largest workplaces in Lancaster are Walmart, Lancaster ISD and Swift Transportation Co of Arizona, which reflects the city's role in warehousing and freight. Most people commute a fair distance to work, and unemployment is a little higher than it was a year ago.
Things to do. Lancaster sits within reach of Dallas's best-known sights, though all of them are a longer drive away. These include AT&T Stadium, a stadium, the Dallas Museum of Art, a museum, and the Dallas Zoo. Winters are mild and brief, summers are hot, and the year brings a fair amount of rain, so outings are comfortable for much of the year.
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- 14,748households
- 25%of adults have a degree
- 15%below the poverty line
- 29 mintypical commute
- 9%work from home
What residents work in
Employed residents by industry, from the Census survey. Dallas County had 1,829,643 jobs in 2025, 0.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 58° and lows near 36°; warmest in August, with highs near 96° and lows near 73°. About 41 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Ferris weather station, 8 miles away (NOAA).
Largest workplaces in Lancaster
- WalmartRefrigerated warehousing and storage954
- Lancaster ISDSchool district903FTE
- Swift Transportation Co of ArizonaGeneral freight trucking, long-distance, truckload554
- United Natural FoodsGeneral-line groceries merchant wholesalers410
- Lancaster - Frozen Food Express Industries, Inc. / FFE TransportationGeneral freight trucking, long-distance, less than truckload342
- DSV Contract Logistics - DALGeneral warehousing and storage217
- DSV Contract LogisticsGeneral warehousing and storage193
- Oncor Electric DeliveryDistribution of electric power176
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 54 workplaces with 20 or more staff, 6,144 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Heat wavesVery high
- HailRelatively high
- Cold wavesRelatively high
- Inland floodingRelatively high
- Tornadoesrelatively high in parts of LancasterRelatively moderate
- Ice stormsRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Lancaster’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Dallas County and the Dallas-Fort Worth-Arlington, TX metro.
Lancaster home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Lancaster$269,301
- Texas$296,424
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Lancaster listings, and the typical home goes pending in 30 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Lancaster30.22%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Lancaster30
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Lancaster140
New listings per month
Sellers arriving at the market.
- Lancaster39
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Lancaster$274,295
- United States$370,717
Zip codes with a Lancaster address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Lancaster — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Lancaster
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 75146 | Lancaster | 25,097 | $2,227 | $277,987 |
| 75134 | Lancaster | 19,045 | $2,252 | $258,943 |