Cheap Homes for Sale in Lancaster, WI

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Lancaster, WI Housing Market Overview

Lancaster's housing market currently favors buyers. This gives buyers the upper hand in negotiations. With a 2.3-month supply of homes and an average of 135 days on the market, buyers have plenty of time to choose and significant bargaining power.

Status

Buyer's Market

Days on Market

135

Inventory

5

Jul 2021Feb 2024Mar 2026

Median Home Price

$184,000Up 0.18%

In Mar 2026 · YoY

Jul 2021Feb 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Supply

Homes For Sale
5 Down 0.13%
Newly Listed Homes
6 Down 0.33%
Months of Supply
2.3 Down 1.70%

Demand

Homes Sold
3 Down 0.00%
Sale-to-List Ratio
95.7% Down 2.39%
Homes Sold Above List
0% Down 50.00%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Lancaster Market Report
No. of Homes
Prices
Homes for Sale Milwaukee
2,683
$260,000
Homes for Sale Kenosha
532
$305,000
  • mls-img
    Based on information received from WIRES/RANW MLS through Aug 30, 2026, 6:45 AM. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Houzeo nor RANW MLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. ©2026 RANW MLS, Inc. All rights reserved.

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Lancaster, WI Housing Marketlink qauare
Homes Available icon

5

Homes Available

Median List Price icon

$ 184,000

Median List Price

Avg on Market icon

135 Days

Avg on Market

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