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 Size

Housing Units by Size
Studio Type1.10%
One Bedroom12.70%
Two Bedrooms34.30%
Three Bedrooms40.80%
Four Bedrooms10%
Five Bedrooms or more1.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1955
Median Value of occupied units$92,500
Median Price asked for vacant units$84,000

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1963
Median Monthly Rent asked for vacant units$413

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.90%
Home Equity Loan8.50%
Simple Mortgage48.40%
Debt Free35%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18%