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Lancaster, MO Real Estate


According to census data in the year 2000 there were 360 housing units in Lancaster. This represents a 6.7% decline from 386 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 360 were located in what is classified as a rural area.

Homeownership rate in Lancaster is about 64%. Lancaster's vacancy rate, including seasonal lodging, is about 11.9%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Lancaster were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom11.40%
Two Bedrooms31.70%
Three Bedrooms41.70%
Four Bedrooms12.80%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1952
Median Value of occupied units$47,700
Median Price asked for vacant units$18,800

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1968
Median Monthly Rent asked for vacant units$188

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.20%
Home Equity Loan2.30%
Simple Mortgage33.90%
Debt Free62.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.3%