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South Lancaster, MA Real Estate


According to census data in the year 2000 there were 731 housing units in South Lancaster. This represents a 7.3% growth from 681 in 1990.

Of those housing units, 731 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in South Lancaster is about 70.2%. South Lancaster's vacancy rate, including seasonal lodging, is about 3.7%. Average household size is 2.52 people.

The majority of houses, apartments or condos in South Lancaster were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom17.80%
Two Bedrooms27.40%
Three Bedrooms38.40%
Four Bedrooms11.10%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1957
Median Value of occupied units$156,100

Rented Homes, Apartments and Condos

Average Household Size1.62
Median year structure was built1953
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.20%
Home Equity Loan5.90%
Simple Mortgage66.80%
Debt Free24%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%