Lancaster, WI Real Estate
According to census data in the year 2000 there were 1,797 housing units in Lancaster.
This represents a 1.8% growth from 1,766 in 1990.
Of those housing units, 1,757 were located in either urbanized areas or urban clusters, and 40 were located in what is classified as a rural area.
Homeownership rate in Lancaster is about 69.7%.
Lancaster's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Lancaster were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 11.90% |
| Two Bedrooms | 25.20% |
| Three Bedrooms | 44.10% |
| Four Bedrooms | 16.50% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $78,900 |
| Median Price asked for vacant units | $57,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.77 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $358 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 5.70% |
| Simple Mortgage | 40.70% |
| Debt Free | 49.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.7% |
