Commercial Real Estate Market in Lancaster, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
46 active listings and 1,365 off-market properties in Lancaster, TX.
Market Trends
Lancaster, TX spans 45.3 square miles in Dallas County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Lancaster, TX has a median asking sale price of $104/SF (based on 3 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Lancaster, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Lancaster, TX has a median asking sale price of $104/SF (based on 3 listings). Vacancy 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, TX 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
- 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
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Duncanville | $171 | — |
| Red Oak | $261 | $26.51 |
Commercial property in Lancaster, TX asks $166/SF. The 2 bordering markets run from $171/SF in Duncanville to $261/SF in Red Oak, and the city sits below their $216/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Lancaster?
How does Lancaster compare to nearby markets on price?
Where does Realmo's Lancaster market data come from?
Methodology & data sources
- Asking prices and medians
- There are 21 active for-sale and 25 active for-lease listings in Lancaster, TX. The sale median is based on 6 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: 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 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
