The story of this market
The typical home in ZIP 75134 sells for about $289,000, or $155 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $2,205 a month.
ZIP 75134 — Lancaster
The 75134 housing market shows resilience with a median listing price of $289,000 and a competitive environment. While inventory remains tight, the market is seeing faster turnover compared to the previous year, driven by steady demand for affordable single-family homes in the Lancaster area.
This ZIP is well-suited for families and commuters seeking relatively affordable housing options within a reasonable distance of the Dallas metroplex employment centers.
Median prices moved up 5.2% year over year.
Homes spend a median of 44 days on market with 3.2 months of supply — a fast-moving market.
23% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 11.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 75134, Dallas County TX
Crime rates in Lancaster are generally comparable to regional averages for southern Dallas County, with ongoing efforts by local law enforcement to maintain community safety.
Schools serving the area are primarily part of the Lancaster Independent School District, which focuses on college and career readiness programs.
The area is subject to standard North Texas climate risks, including severe thunderstorms and occasional high winds; flood risk is localized to specific drainage basins.
Lancaster benefits from its proximity to the Dallas logistics corridor, with significant industrial and warehouse development driving local employment growth.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents primarily commute via I-35E and I-20, providing direct access to the Dallas central business district and surrounding employment hubs.
The area features several community parks and is within reach of regional amenities like the Lancaster Community Park and various local sports facilities.
The rental market is active with a mix of single-family homes and apartment communities, showing consistent demand and moderate rent growth.
The local economy is anchored by logistics, distribution, and manufacturing sectors, benefiting from the area's strategic location near major highway interchanges.
The area is served by a network of major highways including I-35E and I-20, facilitating regional transit and freight movement.
Development is focused on expanding industrial capacity and supporting new residential subdivisions on the city's periphery.
The Dallas Central Appraisal District manages property valuations for all parcels within the county, following state-mandated assessment cycles.
Parcels are subject to taxes from Lancaster ISD, Dallas County, and various municipal utility districts where applicable.
Property insurance premiums are influenced by regional exposure to severe weather events, including hail and wind damage common in North Texas.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Features sports fields, walking trails, and picnic areas.
Provides natural trails and green space for outdoor recreation.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).