Call or Text (240) SELL-123
Cloisters Erwinwood Acres Greenbriar Gregwood Santarosa West Manor Westwood

LANCASTER, SC 29720

Real Estate Market Report  ·  Lancaster County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 29720

Cloisters · Erwinwood Acres · Greenbriar · Gregwood · Santarosa · West Manor · Westwood

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LANCASTER, SC real estate market (29720) currently shows 367 active listings, with 116 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 79 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 59 days on market compared to 41 days last year.

The median listing price has risen 6.2% year-over-year, from $349,450 to $371,243.

Whether you are buying or selling in LANCASTER, SC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LANCASTER, SC 29720 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 52,308  ·  Density: 70.9/mi²  ·  Median household income: $58,549

Typical home value: $191,841  ·  Homeownership: 76.5%

Market Overview

Active Listings
367
⇧ 27.4% vs 288 last year
Pending
116
32% pending ratio
Median Price
$371,243
⇧ 6.2% vs $349,450 last year
Average Price
$452,695
⇧ 5.6% vs $428,547 last year
Days on Market
59
⇧ 43.9% vs 41 days last year

Price Per Square Foot

Median $/sqft
$193
⇩ 3% vs $199/sqft last year
Median Home Size
1,958 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 367 this year vs 288 last year
  • Days on market: 59 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $371,243 (+6.2% YoY)
  • Average: $452,695 (+5.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.4 miles — 1,904 listings ($983,480,511 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
29720Lancaster, SC 297200.0 mi336$145,836,768$346,623$434,038
29704Catawba, SC 2970411.6 mi10$5,695,630$565,500$569,563
29058Heath Springs, SC 2905812.4 mi13$3,539,744$250,000$272,288
28112Monroe, NC 2811215.2 mi143$87,523,293$487,850$612,051
29729Richburg, SC 2972915.9 mi43$14,699,077$325,900$341,839
29707Fort Mill, SC 2970717.8 mi266$141,337,238$482,500$531,343
29730Rock Hill, SC 2973019.0 mi234$89,427,078$340,000$382,167
29715Fort Mill, SC 2971521.4 mi208$121,409,600$504,747$583,700
29175Westville, SC 2917522.0 mi1$315,000$315,000$315,000
28174Wingate, NC 2817423.1 mi29$14,027,851$369,870$483,719
29732Rock Hill, SC 2973225.0 mi248$101,259,640$382,500$408,305
28110Monroe, NC 2811025.2 mi254$126,460,250$445,483$497,875
28270Charlotte, NC 2827025.4 mi119$131,949,342$774,725$1,108,818

Frequently Asked Questions

How many homes are for sale in LANCASTER, SC 29720?

As of March 2026, there are 367 active listings in LANCASTER, SC (zip code 29720), compared to 288 the prior year.

What is the median home price in LANCASTER, SC 29720?

The median listing price in LANCASTER, SC 29720 is $371,243 as of March 2026, a 6.2% increase from $349,450 the prior year.

How long do homes stay on the market in LANCASTER, SC?

Homes in LANCASTER, SC 29720 spend an average of 59 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in LANCASTER, SC 29720?

Based on current inventory and days-on-market data as of March 2026, LANCASTER, SC 29720 is currently a Buyer's Market. Inventory has increased compared to last year, with 79 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 59 days on market compared to 41 days last year.

How much can I save on real estate commission in LANCASTER, SC?

With SELL123.com's maximum 3% commission, sellers in LANCASTER, SC 29720 save an estimated $7,425 compared to a typical 5% commission on the median listing price of $371,243. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.