Lancaster, KS Foreclosures
How much do homes sell for in Lancaster, KS?
The average home price is currently $259,742.
What’s the average rental cost in Lancaster, KS?
The average rental price in Lancaster is $1,345.
What is the most expensive home in Lancaster?
The most expensive home sold in Lancaster had a price of $900,849.
What is currently the cheapest priced home in Lancaster, KS?
The cheapest home for sale in Lancaster is priced at $39,200.
Living in Lancaster, KS
Lancaster, KS, is a quaint and serene small town that offers a perfect blend of rural charm and community spirit. Residents enjoy a high quality of life with excellent local amenities, parks, and schools, making it ideal for families. Its location provides easy access to larger cities while maintaining the tranquility of small-town living.
Current Market Conditions in Lancaster, KS
The current real estate market in Lancaster, KS, is stable, with a mild increase in property values over the last few months. The town's charm and accessibility are attracting new buyers. Properties are selling at a moderate pace, with an emphasis on single-family homes ideal for families and retirees. Recent trends indicate a growing interest in real estate, as more people seek the tranquility and lower cost of living that Lancaster offers.
The current market trend shows a steady increase in demand for homes in Lancaster, primarily due to the town's appealing community and local amenities. Year-to-date, home sales have increased by approximately 15%, indicating a healthy and growing market.
Home Value Estimator For Lancaster, KS
There are currently 254 real estate properties
in Lancaster, KS,
with a median automated valuation model (AVM) price
of $216,813.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lancaster, KS, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lancaster, KS,
is $259,742.00, with the most expensive house
in Lancaster, KS, topping out
at $900,849.00 and the cheapest home
in Lancaster, KS,
clocking in at $39,200.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lancaster, KS!
Rent Prices
In Lancaster, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lancaster, KS, is on
a rollercoaster ride. The
average rent price in Lancaster, KS,
is $1,345.00. Indeed, when looking to rent in
Lancaster, KS, you can expect to pay as little
as $1,140.00 or as much
as $1,550.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Lancaster, KS
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
