House Prices

House Prices & Home Values Lancaster, TN 2026


Average Data

average house price$513,940
average size per house2510 ft²
average price per ft²205 $ / ft²

04/05/2026 - The value range (VR) for house prices in Lancaster, TN is $205/ sqft to $205/ sqft. An average home with 2510 sqft costs approximately $514,550 to $514,550. Lancaster, TN includes 1 ZIP codes and it is located in Smith county. The lowest prices are found in ZIP 38569, while the highest are in ZIP 38569. The average price per sqare feet is $205. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Lancaster

38569226 $ / ft²




Historical development of home values in Lancaster

Year Estimated value (USD) Change vs. 2025
2010 $238,683 -53.6%
2011 $229,453 -55.4%
2012 $228,835 -55.5%
2013 $237,389 -53.8%
2014 $249,193 -51.5%
2015 $261,982 -49.0%
2016 $275,654 -46.4%
2017 $290,532 -43.5%
2018 $306,595 -40.3%
2019 $320,811 -37.6%
2020 $337,395 -34.4%
2021 $383,751 -25.3%
2022 $447,367 -13.0%
2023 $471,769 -8.2%
2024 $499,062 -2.9%
2025 $513,940 0.0%

Graph: estimated home values in Lancaster over time (USD)



Example: 100% financing house in Lancaster

Loan amount: $513,940

Interest rate: 6.00%

Fixed monthly payment: $3,081.33

Breakdown in the 1st month:
Interest portion: $2,569.70  –  Principal portion: $511.63

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $30,664.72 $6,311.24 $507,628.76
2 $30,275.45 $6,700.51 $500,928.25
3 $29,862.18 $7,113.78 $493,814.47
4 $29,423.42 $7,552.54 $486,261.93
5 $28,957.59 $8,018.37 $478,243.56
6 $28,463.04 $8,512.92 $469,730.64
7 $27,937.98 $9,037.98 $460,692.66
8 $27,380.54 $9,595.42 $451,097.24
9 $26,788.71 $10,187.25 $440,909.99
10 $26,160.38 $10,815.57 $430,094.41
11 $25,493.30 $11,482.66 $418,611.76
12 $24,785.08 $12,190.88 $406,420.88
13 $24,033.17 $12,942.79 $393,478.09
14 $23,234.89 $13,741.07 $379,737.02
15 $22,387.37 $14,588.59 $365,148.43
16 $21,487.58 $15,488.38 $349,660.05
17 $20,532.29 $16,443.67 $333,216.38
18 $19,518.08 $17,457.88 $315,758.50
19 $18,441.31 $18,534.64 $297,223.85
20 $17,298.14 $19,677.82 $277,546.03
21 $16,084.45 $20,891.51 $256,654.53
22 $14,795.91 $22,180.05 $234,474.48
23 $13,427.89 $23,548.07 $210,926.41
24 $11,975.50 $25,000.46 $185,925.95
25 $10,433.53 $26,542.43 $159,383.52
26 $8,796.45 $28,179.51 $131,204.01
27 $7,058.40 $29,917.56 $101,286.45
28 $5,213.15 $31,762.81 $69,523.64
29 $3,254.09 $33,721.87 $35,801.76
30 $1,174.20 $35,801.76 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lancaster, TN


1500 sqft3900 sqft
Ø selling price$372,076$791,506
Ø fast selling$338,250$712,355
Ø high price sale$405,901$870,656

In 2026, houses in Lancaster, TN will be offered at an average price of $205 per square foot. A 1,500 sqft home priced at $372,076 is 25.28% more expensive per square foot than a 3,900 sqft home priced at $791,506. Home prices in Lancaster, TN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $547,965. Sellers who can wait longer may achieve a higher price of up to $669,735.


Discover Lancaster, TN

Location & Vibe

Nestled in Smith County, Lancaster, TN offers a quiet rural escape with easy access to Middle Tennessee?s scenic highlands. This unincorporated community sits near the Caney Fork River and the celebrated Center Hill Lake, creating a picturesque base for travelers and residents.

Outdoor Recreation

Anglers and boaters flock to the Center Hill Dam area for trophy trout fishing, paddling, and year-round lake adventures.
Hiking, birding, and waterfall hunting abound in nearby state parks and natural areas, with rolling hills and limestone bluffs framing every view.
From sunrise kayaking to sunset picnics, Lancaster delivers an authentic Tennessee outdoors experience just minutes from the water.

Community & Living

The community blends small-town friendliness with modern conveniences, appealing to remote workers, retirees, and families seeking room to breathe.
Affordable land, cabin getaways, and lake-area rentals make Lancaster real estate a compelling option for weekend retreats or full-time living.
Local farms, seasonal festivals, and mom-and-pop eateries showcase Smith County heritage and farm-to-table flavors.

Travel & Nearby

Lancaster sits a short drive from I-40 and about an hour east of Nashville, making day trips and commuting remarkably convenient.
Whether you?re planning a fishing weekend, scouting property, or mapping a scenic road trip, Lancaster, Tennessee is a hidden gem worth exploring.



FAQ – Home Values in Lancaster

What is the median home value in Lancaster in 2026?

In 2026, the typical home value in Lancaster is about $513,940 for an average home size of 2510 square feet. This corresponds to an average price of roughly $205 per square foot.

What is the average cost per square foot in Lancaster?

In 2026, homes in Lancaster sell for an average of around $205 per square foot, with a typical range between $205 and $205 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Lancaster is about 2510 square feet, with an estimated 2026 value around $513,940.



Locations close to Lancaster, TN

Livingston, TN124 $ / ft²
Crossville, TN169 $ / ft²
Monroe, TN353 $ / ft²
Hilham, TN242 $ / ft²
Hickman, TN229 $ / ft²
Grimsley, TN141 $ / ft²
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