Lancaster, OH Real Estate
According to census data in the year 2000 there were 15,853 housing units in Lancaster.
This represents a 7.4% growth from 14,754 in 1990.
Of those housing units, 15,698 were located in either urbanized areas or urban clusters, and 155 were located in what is classified as a rural area.
Homeownership rate in Lancaster is about 59.3%.
Lancaster's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Lancaster were built after 1957.
|Housing Units by Size|
|Five Bedrooms or more||1.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.37|
|Median year structure was built||1955|
|Median Value of occupied units||$92,500|
|Median Price asked for vacant units||$84,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.32|
|Median year structure was built||1963|
|Median Monthly Rent asked for vacant units||$413|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||8.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18%|