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Cloisters Erwinwood Acres Greenbriar Gregwood Santarosa West Manor Westwood

LANCASTER, SC 29720

Real Estate Market Report  ·  Lancaster County
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 29720

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

Market Analysis

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

The LANCASTER, SC real estate market (29720) currently shows 336 active listings, with 98 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 82 more homes available — giving buyers more choice.

Homes are selling faster, averaging 65 days on market compared to 74 days last year.

The median listing price has risen 5.3% year-over-year, from $329,246 to $346,623.

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.

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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
336
⇧ 32.3% vs 254 last year
Pending
98
29% pending ratio
Median Price
$346,623
⇧ 5.3% vs $329,246 last year
Average Price
$434,038
⇧ 6.5% vs $407,449 last year
Days on Market
65
⇩ 12.2% vs 74 days last year

Price Per Square Foot

Median $/sqft
$189
⇩ 4.1% vs $197/sqft last year
Median Home Size
1,880 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 336 this year vs 254 last year
  • Days on market: 65 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $346,623 (+5.3% YoY)
  • Average: $434,038 (+6.5% 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 — 1,793 listings ($918,190,822 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
29720Lancaster, SC 297200.0 mi303$128,506,845$325,000$424,115
29704Catawba, SC 2970411.6 mi8$3,576,912$400,000$447,114
29058Heath Springs, SC 2905812.4 mi16$4,449,312$275,000$278,082
28112Monroe, NC 2811215.2 mi131$78,469,786$449,000$599,006
29729Richburg, SC 2972915.9 mi39$13,239,408$325,900$339,472
29707Fort Mill, SC 2970717.8 mi254$136,925,050$499,000$539,075
29730Rock Hill, SC 2973019.0 mi224$89,712,448$359,000$400,502
29715Fort Mill, SC 2971521.4 mi186$106,691,460$499,500$573,610
29175Westville, SC 2917522.0 mi1$315,000$315,000$315,000
28174Wingate, NC 2817423.1 mi30$14,604,420$369,740$486,814
29732Rock Hill, SC 2973225.0 mi238$98,989,912$405,000$415,924
28110Monroe, NC 2811025.2 mi252$123,207,336$432,288$488,918
28270Charlotte, NC 2827025.4 mi111$119,502,933$750,000$1,076,603

Frequently Asked Questions

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

As of February 2026, there are 336 active listings in LANCASTER, SC (zip code 29720), compared to 254 the prior year.

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

The median listing price in LANCASTER, SC 29720 is $346,623 as of February 2026, a 5.3% increase from $329,246 the prior year.

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

Homes in LANCASTER, SC 29720 spend an average of 65 days on the market before going under contract, compared to 74 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 February 2026, LANCASTER, SC 29720 is currently a Balanced Market. Inventory has increased compared to last year, with 82 more homes available — giving buyers more choice. Homes are selling faster, averaging 65 days on market compared to 74 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 $6,932 compared to a typical 5% commission on the median listing price of $346,623. 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.