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Cheap Homes in Lancaster, MA

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Lancaster, MA Foreclosures

How much do homes sell for in Lancaster, MA?
The average home price is currently $631,951.
What’s the average rental cost in Lancaster, MA?
The average rental price in Lancaster is $1,941.
What is the most expensive home in Lancaster?
The most expensive home sold in Lancaster had a price of $12,981,476.
What is currently the cheapest priced home in Lancaster, MA?
The cheapest home for sale in Lancaster is priced at $12,348.

Living in Lancaster, MA

Lancaster, MA is a serene, family-friendly town in Worcester County, valued for its rich history and beautiful natural landscapes. It offers a range of outdoor activities and is conveniently located near major transportation routes, making it ideal for both families and commuters.

Current Market Conditions in Lancaster, MA

The real estate market in Lancaster has been experiencing steady growth, with increased demand for homes due to its appealing lifestyle and access to outdoor recreational activities. The town's housing market is characterized by a variety of single-family homes, many of which are historic or new constructions, catering to diverse buyer preferences.

Prices have shown a consistent upward trend over the last year, reflecting the growing interest in the area. The market is competitive, with buyers typically facing challenges in finding available properties as inventory remains relatively low.

Home Value Estimator For Lancaster, MA

There are currently 2,512 real estate properties in Lancaster, MA, with a median automated valuation model (AVM) price of $566,293.00. 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, MA, 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, MA, is $631,951.00, with the most expensive house in Lancaster, MA, topping out at $12,981,476.00 and the cheapest home in Lancaster, MA, clocking in at $12,348.00. In other words, there’s something for every potential homebuyer or savvy investor in Lancaster, MA!

Rent Prices In Lancaster, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lancaster, MA, is on a rollercoaster ride. The average rent price in Lancaster, MA, is $1,941.00. Indeed, when looking to rent in Lancaster, MA, you can expect to pay as little as $710.00 or as much as $3,260.00, with the average rent median estimated to be $1,880.00. The good news is that finding an affordable and desirable property to rent in Lancaster, MA -- 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.

Cheap Homes in Lancaster, MA


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