Commercial Real Estate Market in Lancaster, SC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
26 active listings and 1,159 off-market properties in Lancaster, SC.
Market Trends
Lancaster, SC spans 284.9 square miles in Lancaster County, South Carolina. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Lancaster, SC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Lancaster, SC has a median asking sale price of $193/SF (based on 3 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Lancaster, SC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Lancaster, SC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 67.6%
- Commercial 23.6%
- Industrial 6.3%
- Civic 1.9%
- Planned_development 0.5%
Largest Zones share of zoned land by district
Lancaster, SC zones 3,756 acres across 11 districts. Commercial zoning covers 23.6% of zoned land, residential 67.6% and industrial 6.3%. The largest single district is Residential at 38.7%. For commercial buyers the practical constraint is that only 30% of land carries a commercial or industrial designation.
The following residential use districts are hereby established: R-15, R-10, R-6, MF, and MHP. Each of these districts is designed for the persons who reside there and intended to secure a comfortable, healthy, safe, and pleasant environment in which to live, sheltered from incompatible and disruptive activities. a. The R-15 Residential District is designed t…
Market overview
Demographics & Economy
Lancaster, SC has 51,198 residents in 22,106 households. Density runs 180 people per square mile. Median household income here is $59,039 and median gross rent $845 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Lancaster?
What zoning applies to commercial property in Lancaster?
Where does Realmo's Lancaster market data come from?
Methodology & data sources
- Asking prices and medians
- There are 21 active for-sale and 5 active for-lease listings in Lancaster, SC. The sale median is based on 5 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 3,756 zoned acres across 11 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
