Lancaster, KY Homes for Sale under $200,000

/21
$189,900
- 3 Beds
- 1 Bath
- 1,102 Sq Ft
24 Cedarwood Dr, Lancaster, KY 40444

Welcome to 24 Cedarwood Dr! This adorable all-brick home is full of updates and charm. Step inside to find an eat-in kitchen with granite counters, soft-close cabinets, and brand-new appliances. The laundry closet is conveniently tucked into the kitchen for easy living. You'll love the three spacious bedrooms, each with large double closets, plus a freshly updated bath with a new vanity.

Monica Marcum Century 21 Pinnacle

24 Cedarwood Dr, Lancaster, KY 40444
/21
$190,000
- Land
- 2.01 Acres
- $94,527 per Acre
1560 Hunter Dr, Lancaster, KY 40444

**LAKE FRONT PROPERTY ALERT!** Discover your slice of paradise with these two stunning 1-acre lots (45 & 46) on the serene North Garrard side of Herrington Lake. This is more than just a location—it's your chance to create the perfect dream home, where you can savor amazing lake views, enjoy the beauty of local wildlife, and watch boats and fishermen go by as the sun sets in vibrant colors.

Darren Gossage Weichert Realtors Ford Brothers, Inc.

1560 Hunter Dr, Lancaster, KY 40444
/14
$184,000
- 3 Beds
- 2 Baths
- 1,456 Sq Ft
123 Hill-N-dale Dr, Lancaster, KY 40444

This 3-bed, 2-bath home with hardwood floors is ready for your personal touch. With some updates and TLC, you can make this home yours. In the living room there is a masonry fireplace already connected to natural gas and an open concept kitchen and dining room. Priced to sell - ideal for a first-time buyer or someone wanting investment property. Centrally located between Danville, Richmond,

Danny Ayers Danny Ayres Realty & Auction

123 Hill-N-dale Dr, Lancaster, KY 40444
/7
$119,900
- Land
- 1.16 Acres
- $103,362 per Acre
1862 Hunter Dr, Lancaster, KY 40444

LAKE FRONT LIVING! Come experience the beauty of Woodlawn Estates with your own private access to Herrington Lake. This lot is situated for expansive views of the larger lake. Great lot for a basement and to enjoy your morning coffee overlooking the peace and quiet tranquility of the lake. 1+ acre of heaven is waiting for you!

Jennifer Ray RE/MAX Elite Lexington

1862 Hunter Dr, Lancaster, KY 40444
/19
$150,000
- Land
- 2 Acres
- $75,000 per Acre
576 Overlook Dr, Lancaster, KY 40444

RARE 2 Acre Lake Front Lot! Imagine waking up every morning to breathtaking, panoramic views of Herrington Lake. This isn't just a lot; it's an invitation to create the dream home you've always envisioned, perfectly positioned to capture the natural beauty surrounding you. But the magic doesn't stop at the lake views - nestled discreetly in the heart of the property lies a unique and captivating

Deborah Kruse Lake Homes Realty

576 Overlook Dr, Lancaster, KY 40444
/15
$129,900
- Land
- 1 Acre
- $129,900 per Acre
Lot 9 Hunter Dr, Lancaster, KY 40444

New price on this lakefront lot ....Herrington Lake Lifestyle Living at beautiful Woodlawn Estates - One acre lakefront building lot available for your builder and house plans - Peninsula Golf Resort/Pete Dye course for the golfers and Herrington Lake for your boats and fishing - conveniently located to Danville - approx 20 mins - home of Centre College - Lexington - approx 50 mins to UK

Michelle (Micki) Phillips Crossroads Real Estate, LLC

Lot 9 Hunter Dr, Lancaster, KY 40444
/12
$120,000
- Land
- 1.1 Acres
- $109,091 per Acre
1 S Homestead Ln, Lancaster, KY 40444

Walk-Out Basement Lake Lot overlooking Herrington Marina! Jump on a golf cart and be on the lake in minutes! Limited restrictions attached to listing docs. Within 30 mins of Lexington. Drain on the front of the property can be easily diverted during construction of your new home. (lot 55 on plat)

Vanessa Vale Team - Vanessa Vale Womack LPT Realty

1 S Homestead Ln, Lancaster, KY 40444
/2
$154,900
- Land
- 3.64 Acres
- $42,555 per Acre
9 Poor House Rd, Lancaster, KY 40444

This 3.64 acre lot is located out in the country. With only a short distance to Richmond and minutes to Lancaster. Quiet and safe location!

Danny Ayers Danny Ayres Realty & Auction

9 Poor House Rd, Lancaster, KY 40444
/2
$152,500
- Land
- 3.56 Acres
- $42,837 per Acre
7 Poor House Rd, Lancaster, KY 40444

This 3.56 acre lot is located out in the country. With only a short distance to Richmond and minutes to Lancaster. Quiet and safe location!

Danny Ayers Danny Ayres Realty & Auction

7 Poor House Rd, Lancaster, KY 40444
/2
$164,500
- Land
- 4.3 Acres
- $38,256 per Acre
6 Poor House Rd, Lancaster, KY 40444

This 4.3 acre lot is located out in the country. With only a short distance to Richmond and minutes to Lancaster. Quiet and safe location!

Danny Ayers Danny Ayres Realty & Auction

6 Poor House Rd, Lancaster, KY 40444
/2
$154,900
- Land
- 3.66 Acres
- $42,322 per Acre
5 Poor House Rd, Lancaster, KY 40444

This 3.66 acre lot is located out in the country. With only a short distance to Richmond and minutes to Lancaster. Quiet and safe location!

Danny Ayers Danny Ayres Realty & Auction

5 Poor House Rd, Lancaster, KY 40444
/2
$189,900
- Land
- 6.01 Acres
- $31,597 per Acre
2 Perry Rodgers Rd, Lancaster, KY 40444

This 6.01 acre lot is located out in the country. This tract has a pond. With only a short distance to Richmond and minutes to Lancaster. Quiet and safe location!

Danny Ayers Danny Ayres Realty & Auction

2 Perry Rodgers Rd, Lancaster, KY 40444
/2
$179,900
- Land
- 5.2 Acres
- $34,596 per Acre
1 Perry Rogers Rd, Lancaster, KY 40444

This 5.2 acre lot is located out in the country. With only a short distance to Richmond and minutes to Lancaster. Quiet and safe location!

Danny Ayers Danny Ayres Realty & Auction

1 Perry Rogers Rd, Lancaster, KY 40444
/2
$159,900
- Land
- 10 Acres
- $15,990 per Acre
1 Tuggle Rd, Lancaster, KY 40444

Lot 2 of 32 acres. This lot consist of 10 acres more or less with 2 ponds, a barn, silo, and a concrete feed trough. Beautiful building lot. Full 32 acres available.

Frances Montgomery Danny Ayres Realty & Auction

1 Tuggle Rd, Lancaster, KY 40444
/4
$140,000
- Land
- 6.97 Acres
- $20,086 per Acre
5320 Sugar Creek Rd, Lancaster, KY 40444

Jaime Patterson Danny Ayres Realty & Auction

5320 Sugar Creek Rd, Lancaster, KY 40444
/18
$199,000 Pre-Foreclosure
- 2 Beds
- 1 Bath
- 828 Sq Ft
1168 Nina Ridge Rd, Lancaster, KY 40444

Bring your chickens, goats and green thumb to make this small farm your own. With close to 5 acres, this is the perfect place to enjoy beautiful views and country living. Not only does this property come with a chicken coop and multiple out buildings that can be used for farming, workshops or storage, it comes with half a pond! The cute home comes with 2 bedrooms, 1 bathroom and eat-in kitchen.

Lindsay Sebastian National Real Estate

1168 Nina Ridge Rd, Lancaster, KY 40444

Kentucky Garrard County Lancaster

Home Trends in Lancaster, KY

On average, homes in Lancaster, KY sell after 33 days on the market compared to the national average of 52 days. The median sale price for homes in Lancaster, KY over the last 12 months is $183,000, up 7% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$183,000

Median Single Family Sale Price

$199,900

Average Price Per Sq Ft

$128

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

2.60

Median List Price

$209,900

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Lancaster, you'll find a diverse selection of properties with 16 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Lancaster, KY.

Lancaster Types of Homes for Sale

Lancaster Land for Sale

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