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Lancaster, SC 29720 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Lancaster, SC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 128128PendingPending sales: 1919
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): $352k$352kSoldMedian sold price (last 6 months): $365k$365k
What homes actually sell for in Lancaster, SC
Distribution of 602 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $242k to $510k
$67k to $165k: 54 sales$67k$165k to $263k: 94 sales$263k to $360k: 121 sales121sales$263k$360k to $458k: 97 sales$458k to $556k: 90 sales$458k$556k to $654k: 50 sales$654k to $752k: 25 sales$654k$752k to $850k: 10 salesMedian $365k

What the numbers say

As of September 14, 2026, Resideline is tracking 128 active listings and 19 pending sales in ZIP code 29720. That pending-to-active ratio of 0.15 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $352,500, while the median of the 602 closed sales Resideline tracked over the last six months was $365,000. 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. Resideline has been seeing the median active listing in 29720 for 61 days.

Frequently asked questions

What is the median home price in 29720?

The median closed sale price in Lancaster, SC 29720 was $365,000 over the last six months, based on 602 closed sales tracked by Resideline. The middle half of those sales ranged from $242,000 to $510,000.

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

Resideline is currently tracking 19 pending sales against 128 active listings in 29720, a pending-to-active ratio of 0.15. 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

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