Lancaster, MO Real Estate
According to census data in the year 2000 there were 360 housing units in Lancaster.
This represents a 6.7% decline from 386 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 360 were located in what is classified as a rural area.
Homeownership rate in Lancaster is about 64%.
Lancaster's vacancy rate, including seasonal lodging, is about 11.9%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Lancaster were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 11.40% |
| Two Bedrooms | 31.70% |
| Three Bedrooms | 41.70% |
| Four Bedrooms | 12.80% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $47,700 |
| Median Price asked for vacant units | $18,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $188 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.20% |
| Home Equity Loan | 2.30% |
| Simple Mortgage | 33.90% |
| Debt Free | 62.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.3% |
