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% |
