The housing market in Lancaster, CA (93534) is currently valued at $399,900. This is significantly higher than the median house value in the United States, which sits at $338,100. Over the past year, houses in Lancaster appreciated by 3.84%, while the US experienced an 8.27% appreciation rate. Thus, it appears that there has been a small decrease in prices comparatively to other areas of the country. Despite this annual slight decrease, it still remains that home prices are considerably higher than those found elsewhere in the US.
The median home cost in Lancaster (zip 93534) is $399,900. Home appreciation the last 10 years has been 182.0%. Home Appreciation in Lancaster (zip 93534) is up 11.6%.
Average Age of Homes
- The median age of Lancaster (zip 93534) real estate is 37 years old
The Rental Market in Lancaster (zip 93534)
- Renters make up 55.7% of the Lancaster (zip 93534) population
- 3.3% of houses and apartments in Lancaster (zip 93534), 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.