Lancaster, VA housing market
The typical Lancaster home is worth about $341,000, up 7.5% in a year, 18% below the Virginia typical home.
Home values, sales, trends and how Lancaster compares with the towns next door — updated as new data is published.
Lancaster at a glance
Typical home value, 2016–2026
Show as a table
| January | Lancaster | Virginia |
|---|---|---|
| 2017 | $195,000 | $253,000 |
| 2018 | $204,000 | $263,000 |
| 2019 | $209,000 | $271,000 |
| 2020 | $213,000 | $284,000 |
| 2021 | $239,000 | $311,000 |
| 2022 | $272,000 | $345,000 |
| 2023 | $293,000 | $367,000 |
| 2024 | $302,000 | $386,000 |
| 2025 | $315,000 | $405,000 |
| 2026 | $325,000 | $411,000 |
| August 2026 | $341,000 | $415,000 |
A two-bedroom rents for about $1,110
HUD's Fair Market Rent for a two-bedroom in Lancaster is $1,110 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $910 · 4 bedrooms $1,860
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (22503; Lancaster County, VA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.