Lancaster, MN Real Estate
According to census data in the year 2000 there were 189 housing units in Lancaster.
This represents a 5% decline from 199 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 189 were located in what is classified as a rural area.
Homeownership rate in Lancaster is about 78.7%.
Lancaster's vacancy rate, including seasonal lodging, is about 20.6%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Lancaster were built after 1955.
|Housing Units by Size|
|Five Bedrooms or more||0%|
Owned Homes, Apartments and Condos
|Average Household Size||2.41|
|Median year structure was built||1953|
|Median Value of occupied units||$32,500|
|Median Price asked for vacant units||$55,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.13|
|Median year structure was built||1963|
|Median Monthly Rent asked for vacant units||$425|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||10.5%|