Zip 29720 (Lancaster, SC) Housing

Housing in 29720 Lancaster, SC is more affordable than the US average. The median value of housing in 29720 Lancaster, SC is $245,000 compared to the US House Median Value of $338,100. The appreciation rate for housing in this area has also been higher over the past year - 19.31% compared to the US 1 Year House Appreciation of 8.27%. Therefore, this area offers a great opportunity for home buyers and investors looking for a good deal on their real estate investment.

The median home cost in Lancaster (zip 29720) is $245,000. Home appreciation the last 10 years has been 115.8%. Home Appreciation in Lancaster (zip 29720) is up 23.3%.

Average Age of Homes

- The median age of Lancaster (zip 29720) real estate is 39 years old

The Rental Market in Lancaster (zip 29720)

- Renters make up 27.2% of the Lancaster (zip 29720) population
- 0.9% of houses and apartments in Lancaster (zip 29720), 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
	21,311.0	139,647,020.0
	36	42
	$245,000	$338,100
	23.3%	16.6%
	73.2%	57.0%
	115.8%	101.1%
	$5.58	$10.98
	$893	$2,690
	66.7%	57.4%
	9.3%	11.2%
	24.0%	31.4%
Vacant Housing
	0.9%	1.9%
	0.3%	0.4%
	1.2%	0.7%
	0.4%	0.4%
	0.2%	3.6%
	6.3%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	2.6%	2.4%
	3.4%	2.8%
	7.7%	3.9%
	10.0%	4.5%
	19.3%	11.3%
	17.0%	13.0%
	16.8%	20.1%
	13.1%	13.6%
	3.6%	8.3%
	2.9%	9.7%
	0.8%	3.9%
	0.0%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	14.1%	13.6%
	14.1%	13.6%
	17.8%	13.6%
	12.1%	13.2%
	17.9%	14.8%
	17.8%	13.6%
	8.4%	10.0%
	5.2%	4.7%
	3.8%	12.2%

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