In Lancaster, California (93536), the median value of a house is $519,400. This is significantly higher than the median value of a house in the United States overall, which is $338,100. In terms of appreciation rate over the last year, Lancaster's rate was 3.84%, lower than the national average of 8.27%. The high median housing cost combined with a lower-than-average appreciation rate indicates that Lancaster is a relatively expensive place to buy a home and may not be an ideal investment option for those looking for significant returns in the short term.
The median home cost in Lancaster (zip 93536) is $519,400. Home appreciation the last 10 years has been 182.0%. Home Appreciation in Lancaster (zip 93536) is up 11.6%.
Average Age of Homes
- The median age of Lancaster (zip 93536) real estate is 29 years old
The Rental Market in Lancaster (zip 93536)
- Renters make up 25.5% of the Lancaster (zip 93536) population
- 1.7% of houses and apartments in Lancaster (zip 93536), 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.