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Lancaster, SC 29720 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Lancaster, SC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 136136PendingPending sales: 1515
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): $385k$385kSoldMedian sold price (last 6 months): $357k$357k
What homes actually sell for in Lancaster, SC
Distribution of 572 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $235k to $511k
$60k to $158k: 51 sales$60k$158k to $256k: 93 sales$256k to $353k: 111 sales111sales$256k$353k to $451k: 95 sales$451k to $549k: 77 sales$451k$549k to $647k: 50 sales$647k to $745k: 30 sales$647k$745k to $843k: 9 salesMedian $357k

What the numbers say

As of October 5, 2026, Resideline is tracking 136 active listings and 15 pending sales in ZIP code 29720. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $384,889, while the median of the 572 closed sales Resideline tracked over the last six months was $356,999. 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. Resideline has been seeing the median active listing in 29720 for 76 days.

Frequently asked questions

What is the median home price in 29720?

The median closed sale price in Lancaster, SC 29720 was $356,999 over the last six months, based on 572 closed sales tracked by Resideline. The middle half of those sales ranged from $235,000 to $510,837.

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

Resideline is currently tracking 15 pending sales against 136 active listings in 29720, a pending-to-active ratio of 0.11. 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 balanced market.

Nearby ZIP code market data

Full Lancaster, SC housing market report →

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