Commercial Real Estate Market in Lancaster, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
173 active listings and 1,365 off-market properties in Lancaster, TX. Commercial property asks $36/SF to buy and $14.04/SF/Yr to lease.
Market Trends
Lancaster, TX spans 45.3 square miles in Dallas County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lancaster, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Lancaster, TX asks $208/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lancaster, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Lancaster, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 38.6%
- Planned_development 23.4%
- Civic 20.7%
- Commercial 9.5%
- Industrial 7.6%
- Residential 0.3%
Largest Zones share of zoned land by district
Agricultural Open
Single Family Residential 6
Planned Development Light Industrial
Light Industrial
Commercial Highway
Agricultural Open (A-O)
AO, Agricultural Open District, temporarily. ( Ordinance 2006-04-13 , sec. 14.302, adopted 4/24/06 ) § 3.03 Regulations Applicable to all Districts. The following regulations shall apply to all zoning districts listed in this Article and further defined in Article 4.00 Permissible Uses and Article 5.00 District Development Standards. (1) No land or building…
Market overview
Demographics & Economy
Lancaster, TX has 44,031 residents in 16,578 households. Density runs 972 people per square mile. Median household income here is $68,304 and median gross rent $1,653 a month.
44,031
Population
16,578
Households
2.7
Avg Household Size
35
Median Age
25%
College-Educated
87%
High-School Grad
45.3 sq mi
ZIP Area
972
Density / Sq Mi
$68,304
Median Household Income
$45,511
Median Earnings
$1,653
Median Rent
$234,140
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Desoto | — | — |
| Hutchins | — | — |
| Duncanville | — | $19.90 |
| Glenn Heights | — | — |
Commercial property in Lancaster, TX asks $36/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lancaster?
Commercial property in Lancaster, TX asks an average of $36 per square foot. Retail carries the highest asking price at $208/SF.
How much does it cost to lease commercial space in Lancaster?
Asking lease rates in Lancaster, TX average $14.04 per square foot per year.
Where does Realmo's Lancaster market data come from?
Realmo compiles Lancaster, TX figures from 139 active sale listings, 34 active lease listings, 1,365 tracked off-market properties, the current Lancaster zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 139 active for-sale and 34 active for-lease listings in Lancaster, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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: 21,281 zoned acres across 31 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 August 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 August 2026 · report a data issue
