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Lancaster, SC 29720 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
Lancaster, SC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.13
ActiveActive listings: 3131PendingPending sales: 3535
Lancaster, SC: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $345k$345kSoldMedian sold price (last 6 months): $355k$355k
What homes actually sell for in Lancaster, SC
Distribution of 578 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $240k to $495k
$60k to $155k: 56 sales$60k$155k to $250k: 79 sales$250k to $345k: 118 sales118sales$250k$345k to $440k: 93 sales$440k to $535k: 96 sales$440k$535k to $630k: 48 sales$630k to $725k: 26 sales$630k$725k to $820k: 9 salesMedian $355k

What the numbers say

As of July 18, 2026, Resideline is tracking 31 active listings and 35 pending sales in ZIP code 29720. That pending-to-active ratio of 1.13 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $344,990, while the median of the 578 closed sales Resideline tracked over the last six months was $355,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 29720 has been on the market for 2 days.

Frequently asked questions

What is the median home price in 29720?

The median closed sale price in Lancaster, SC 29720 was $355,000 over the last six months, based on 578 closed sales tracked by Resideline. The middle half of those sales ranged from $240,000 to $495,000.

Is 29720 a buyer's or seller's market?

Resideline is currently tracking 35 pending sales against 31 active listings in 29720, a pending-to-active ratio of 1.13. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 29720 currently looks like a seller's market.

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