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Lancaster, SC Real Estate


According to census data in the year 2000 there were 3,827 housing units in Lancaster. This represents a 3.3% growth from 3,703 in 1990.

Of those housing units, 3,822 were located in either urbanized areas or urban clusters, and 5 were located in what is classified as a rural area.

Homeownership rate in Lancaster is about 51%. Lancaster's vacancy rate, including seasonal lodging, is about 10.3%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Lancaster were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom11.40%
Two Bedrooms37.90%
Three Bedrooms39.60%
Four Bedrooms7.40%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1964
Median Value of occupied units$77,800
Median Price asked for vacant units$22,100

Rented Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1969
Median Monthly Rent asked for vacant units$279

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.60%
Home Equity Loan7.80%
Simple Mortgage41.30%
Debt Free43.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16%