Lancaster, NH has a much lower median housing value than the US average, coming in at $263,900 compared to the US median of $338,100. Nevertheless, Lancaster's market has been growing faster than the US as a whole with an impressive 11.54% year-on-year appreciation rate compared to the 8.27% growth across the United States. This makes Lancaster an attractive option for those looking for more affordable real estate options with room for potential growth in their investment.
The median home cost in Lancaster is $263,900. Home appreciation the last 10 years has been 90.8%. Home Appreciation in Lancaster is up 18.0%.
Average Age of Homes
- The median age of Lancaster real estate is 52 years old
The Rental Market in Lancaster
- Renters make up 27.3% of the Lancaster population
- 0.0% of houses and apartments in Lancaster, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.