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Multi-family Foreclosures 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 $608,761.
In Lancaster, MA, how many homes are available?
There are currently 65 active home listings available in Lancaster.
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 $2,591,684.
What is currently the cheapest priced home in Lancaster, MA?
The cheapest home for sale in Lancaster is priced at $94,540.

Living in Lancaster, MA

Lancaster, MA is a beautiful town that offers a unique blend of rural charm and modern amenities. Known for its strong community, Lancaster provides excellent educational institutions and an array of outdoor activities. With convenient access to major highways, it's an ideal location for families and professionals seeking a peaceful lifestyle close to urban conveniences.

Current Market Conditions in Lancaster, MA

Lancaster's real estate market has seen a steady increase in demand over the past year, with home prices rising due to the town's desirable location and quality of life. Current market trends reflect a competitive market, indicating a shortage of inventory that is driving prices up. Sellers are experiencing quick sales, often receiving multiple offers on well-priced listings, making it challenging for buyers.

The Lancaster area has been experiencing a shift towards more family-oriented housing, as families seek larger homes with backyards for children and pets to play. This trend is contributing to the rise in prices, especially for single-family homes. The interest in Lancaster continues to grow due to its scenic beauty and accessible amenities, positioning it as a prime destination for homebuyers.

Home Value Estimator For Lancaster, MA

There are currently 2,386 real estate properties in Lancaster, MA, with a median automated valuation model (AVM) price of $574,395.00. 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 $608,761.00, with the most expensive house in Lancaster, MA, topping out at $2,591,684.00 and the cheapest home in Lancaster, MA, clocking in at $94,540.00. 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.

Lancaster, MA Multi-family Homes


Market Trend for Lancaster, MA

Total Listings Available: 65

Market Values:

Home Prices from $94,540 to $2,591,684

Average Sales Price: $608,761

Rental Values:

Rental from $710 to $3,260

Average Rent Value: $1,941 / month

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