The Lancaster Property Market Update | October 2025

A stable and confident market

Lancaster’s housing market remains stable this October – calm, consistent, and performing just as we would hope as we head into the final months of the year. Despite a looming autumn budget that has caused a little caution for some, the market across LA1 continues to show strength. Sales agreed were up on September, which is a great sign given the darker nights and wet weather that typically slow activity at this time of year.

The majority of sales are happening at the lower end of the market, with 77% of all transactions below £250,000. This reflects strong demand from first-time buyers and tenants choosing to buy rather than rent. New listings dipped slightly to 97 but remain well above 2023 levels, and the number of available homes has climbed to 584, giving buyers more choice and creating a healthy balance.

Price growth in Lancaster is steady, and that’s good news for everyone. It gives confidence to both buyers and sellers, ensuring properties are priced sensibly and transactions can move forward smoothly. In a market where stability reigns, Lancaster continues to prove itself as one of the most reliable areas for property in the North West. 

Here is your breakdown for October 2025

What is selling

When we look at what’s selling across Lancaster, the most active part of the market continues to be homes priced between £125,000 and £250,000 — accounting for over half of all sales. Terraced homes remain the most popular choice, with 37 sold in October, followed by semi-detached homes and apartments.

This highlights strong demand from first-time buyers and young professionals who are drawn to Lancaster’s affordability and lifestyle. Detached homes and bungalows saw fewer sales, reflecting the quieter upper end of the market. By area, the highest number of sales were in LA1 4 and LA1 5, where good transport links, schools, and value for money continue to attract steady interest. Overall, Lancaster’s most affordable homes are driving the market forward, keeping sales volumes healthy and momentum steady.

What is happening with property prices in Lancaster?

The average property price in Lancaster (LA1) now stands at £183,690, which is 2% higher than this time last year. While this growth may appear modest, it’s exactly what’s helping to keep our market stable. Not all property types have performed at the same pace, as shown in the figures above. Semi-detached homes have seen the strongest growth, up 3.5% year-on-year, while terraced homes are up 2.5%. Detached homes have risen only slightly at 0.9%, and apartments by 1.2%.

This steady, gradual increase is positive news for both buyers and sellers. It prevents the sharp peaks and dips that can unsettle confidence and instead encourages sensible pricing and sustainable demand. Lancaster’s housing market continues to show balance – a place where homes are still affordable, and price growth remains healthy and controlled.

What this means for buyers and sellers

For buyers and sellers alike, Lancaster’s stable market brings reassurance. For buyers, there’s now more choice than we’ve seen in recent years, with 584 homes available and prices rising at a steady, manageable pace. This allows time to make confident, informed decisions without the pressure of sudden price jumps.

For sellers, realistic pricing remains key. Homes that are sensibly priced and well-presented are still attracting strong interest, particularly in the lower and mid-range price brackets. Stability also means that those looking to move locally can do so with confidence, knowing that the value of their next home is growing in line with the one they’re selling.

In short, Lancaster is offering one of the most balanced markets we’ve seen in years – a healthy environment for both buyers and sellers to achieve their goals.

The upcoming Autumn Budget

Of course, no market is ever completely free of uncertainty, and the upcoming Autumn Budget, expected later this month, is the next key moment on everyone’s radar. Naturally, some buyers are choosing to pause and see what’s announced before committing to a purchase. However, overall confidence in Lancaster remains strong, and activity levels suggest most are continuing with their plans.

There are several areas to watch closely. Stamp Duty changes could bring fresh incentives or higher thresholds to help first-time buyers. Inheritance Tax adjustments are always a talking point, and any updates here could influence long-term planning for homeowners. Landlord taxation and Capital Gains are also under review, with potential tweaks that may affect the buy-to-let sector.

While we wait to see the details, it’s worth remembering that Lancaster’s property market is built on steady demand and affordability — two factors that will continue to underpin its strength whatever the Chancellor announces.

Looking ahead

As we move into November, there are currently 468 homes available for sale across the Lancaster market. The average time to secure a sale is now around 81 days, with completion taking a further 115 days on average. In simple terms, if you’re hoping to move by spring next year, now is the ideal time to list your property.

If your home is one of those that’s been struggling to sell, you’re not alone — 195 properties in Lancaster have now been on the market for more than six months. In these cases, it’s vital to listen to feedback from your viewers and your agent. Look closely at what’s selling and ask yourself, how does my home compare? Sometimes small adjustments in presentation or a realistic price review can make all the difference.

Over the coming weeks, I’ll continue to highlight the importance of getting the fundamentals right — sensible pricing and great presentation remain key to selling success. Combine these with a proactive agent who knows how to market your home effectively, and you’ll be perfectly positioned to make your move in 2026.

Lancaster’s market remains steady, confident, and full of opportunity as we head into the final months of the year.

If you would like to chat about what is currently happening in the Lancaster Housing Market, please get in touch.  My name is Michelle Gallagher and I am always here to help. You can call me on 01524 843322 or email at michelle@jdg.co.uk

Thanks for reading

Michelle