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May 2021: Lancaster experienced a 6.2% drop in median home valuations

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The median assessed value of a home sold in May 2021 in Lancaster fell by $8,990 while total valuation decreased by 33.3%, according to BlockShopper.com.

In May 2021, there were 32 homes sold, with a median home valuation of $136,760 – a 6.2% decrease over the $145,750 median valuation for the same period of the previous year. There were 48 homes sold in Lancaster in May 2020.

The following table compares Lancaster to other Dallas County cities with similar median home valuations in May 2021:

City May 2021 Home Sales May 2020 Home Sales % change (Total Home Sales) May 2021 Median Valuation May 2020 Median Valuation % change (Median Valuation)
Garland 234 246 -4.9% $168,530 $158,265 6.5%
Cedar Hill 46 38 21.1% $167,720 $168,495 -0.5%
Glenn Heights 9 14 -35.7% $160,820 $157,900 1.8%
Mesquite 138 158 -12.7% $144,940 $136,270 6.4%
Grand Prairie 117 109 7.3% $143,930 $143,930 0%
Lancaster 32 48 -33.3% $136,760 $145,750 -6.2%
Seagoville 15 15 0% $127,830 $103,980 22.9%
Duncanville 19 40 -52.5% $125,200 $136,500 -8.3%
Balch Springs 26 21 23.8% $102,035 $79,200 28.8%
Hutchins 2 3 -33.3% $77,280 $59,030 30.9%
Wilmer 1 3 -66.7% $7,000 $48,090 -85.4%

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