Lancaster County, SC Housing

The housing market in Lancaster, SC County is strong and growing. The median value of homes in the county is currently $355,400, which is significantly higher than the US median of $338,100. Furthermore, over the past year the house appreciation rate in Lancaster has been 18.61%, which is substantially more than the 8.27% national rate. This demonstrates that Lancaster's housing market is currently booming and could be an ideal investment opportunity going forward.

The median home cost in Lancaster County is $355,400. Home appreciation the last 10 years has been 109.5%. Home Appreciation in Lancaster County is up 23.2%.

Average Age of Homes

- The median age of Lancaster County real estate is 27 years old

The Rental Market in Lancaster County

- Renters make up 21.3% of the Lancaster County population
- 0.9% of houses and apartments in Lancaster County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lancaster, South Carolina	United States
	40,163.0	139,647,020.0
	25	42
	$355,400	$338,100
	23.2%	16.6%
	71.3%	57.0%
	109.5%	101.1%
	$5.68	$10.98
	$1,281	$2,690
	72.7%	57.4%
	8.9%	11.2%
	18.4%	31.4%
Vacant Housing
	0.9%	1.9%
	0.3%	0.4%
	1.0%	0.7%
	0.2%	0.4%
	0.4%	3.6%
	6.1%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	2.4%	2.4%
	3.0%	2.8%
	4.4%	3.9%
	6.5%	4.5%
	13.7%	11.3%
	12.7%	13.0%
	19.4%	20.1%
	19.5%	13.6%
	8.8%	8.3%
	6.0%	9.7%
	0.9%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	22.4%	13.6%
	22.4%	13.6%
	12.7%	13.6%
	9.1%	13.2%
	11.9%	14.8%
	12.7%	13.6%
	7.5%	10.0%
	3.6%	4.7%
	3.9%	12.2%

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