Housing · Lancaster
Lancaster, KY housing market
The typical Lancaster home is worth about $253,000, up 1.1% in a year, 9% above the Kentucky typical home.
Home values, sales, trends and how Lancaster compares with the towns next door — updated as new data is published.
The market right now
Lancaster at a glance
Typical home value
$253K
▲ 1.1% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
LancasterKentucky
Show as a table
| January | Lancaster | Kentucky |
|---|---|---|
| 2017 | $128,000 | $131,000 |
| 2018 | $132,000 | $138,000 |
| 2019 | $140,000 | $146,000 |
| 2020 | $151,000 | $155,000 |
| 2021 | $173,000 | $173,000 |
| 2022 | $202,000 | $191,000 |
| 2023 | $217,000 | $207,000 |
| 2024 | $224,000 | $216,000 |
| 2025 | $241,000 | $229,000 |
| 2026 | $247,000 | $233,000 |
| August 2026 | $253,000 | $233,000 |
Affordability
5.8 years of income
The typical Lancaster home costs about 5.8 years of the town's median household income, more than across Kentucky (3.7 years).
How Lancaster ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
54.6%
Kentucky: 68.3%
Median tax bill
$1,337
Kentucky: $1,544
Median rent
$801
Kentucky: $967
Typical home built
1968
Kentucky: 1982
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.