Skip to content
Skip to content
TopHapOpen in map

Lancaster Terrace

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Texas
$233K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
6
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$243K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
AprJul
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
AprJul
Sale premium vs estimated valueHow sale prices compare with our estimated values at the time of sale. Above the dashed line, homes sold for more than the models expected — a sign of competitive bidding. Below it, buyers paid under model value.Premium
AprJul
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
AprJul
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
AprJul
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
AprJul
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
2016201820192020202320252026

Housing Stock

HomesHow many homes we have records for in this area.267
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$243K
Median sizeThe middle home size here, measured in square feet.1,563 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1960
Single familyThe share of homes here that are single-family houses.95%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.67%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0.4%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.73%
Company ownedThe share of homes owned by a company or trust instead of a person.15%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.36%
Typical ownership tenureHow long the typical owner here has held their home.11.3 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.145
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.104
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.24

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.80%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.6.7%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.32%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.659
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,168 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$55K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$57K
Average tempThe average temperature here across a full year.65°F
Annual precipHow much rain and melted snow falls here in a typical year.39 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.62%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all neighborhoods nationally.

How Lancaster Terrace compares

By median home value, Lancaster Terrace is the 616th most expensive of 757 neighborhoods in Dallas County, and its typical home is worth more than 22% of all homes in Dallas County.

Home values in Lancaster Terrace

Share of homes at each estimated value.

Median
$181K$306K
neighborhoods in Dallas County ranked by median home value
#Dallas CountyMedian valueHomes
1Mayflower Estates$4M131
2Highland Park$3.4M3,451
3Dallas Arts District$3.3M216
4Greenway Parks$3.2M290
5University Park$3.1M6,413
6Royal Northaven$2.6M453
7Preston Hollow North$2.5M1,223
8Forest Court$2.4M507
9White Rock$2.3M368
10Caruth Hills$2.3M1,290
11Northern Hills$2.3M196
12Glen Abbey$2.3M183
13Russwood Acres$2.2M201
14Devonshire$2.1M727
15Bluffview$1.9M961
16Royalwood Estate$1.8M702
17Preston Royal$1.8M455
18Hockaday$1.6M452
19Churchill Way$1.6M170
20Forest Hills$1.6M589
21Glen Lakes$1.5M287
22Preston Citadel$1.5M598
23Willowgate$1.5M368
24Hillcrest Forest$1.5M2,284
616Lancaster Terrace$243K267

757 neighborhoods in Dallas County are ranked; the most valuable are listed here.

About the Lancaster Terrace market

What is the median home price in Lancaster Terrace, TX?

The median sale price in Lancaster Terrace, TX is $233,376 (data through July 2026), based on deeds recorded with the county.

How many homes sell in Lancaster Terrace, TX each year?

6 homes sold in Lancaster Terrace, TX over the last 12 months (data through July 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Lancaster Terrace, TX?

Lancaster Terrace, TX contains 267 residential properties, with a median of 1,563 square feet, 3 bedrooms, built around 1960. The median TopHap Estimate is $243K.

How does Lancaster Terrace, TX compare to the rest of Dallas County?

By median home value, Lancaster Terrace, TX is the 616th most expensive of 757 neighborhoods in Dallas County. Its typical home is worth more than 22% of all homes in Dallas County. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Lancaster Terrace, TX?

73% of homes in Lancaster Terrace, TX are owner-occupied. 15% are held by a company rather than an individual.

How much equity do owners in Lancaster Terrace, TX hold?

67% of mortgaged homes in Lancaster Terrace, TX are equity-rich, meaning the loan balance is under half the home's value. 0.4% owe more than the home is worth.

Nearby markets

Browse addresses

Every street and address TopHap holds is browsable by state, county and city. Browse Texas property records.

Explore Lancaster Terrace on the map

See every recorded sale, price heat map, school zone and flood overlay across Lancaster Terrace in TopHap’s interactive 3D map.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map