Lancaster, TX Real Estate
According to census data in the year 2000 there were 9,615 housing units in Lancaster.
This represents a 13.8% growth from 8,446 in 1990.
Of those housing units, 8,753 were located in either urbanized areas or urban clusters, and 862 were located in what is classified as a rural area.
Homeownership rate in Lancaster is about 65.9%.
Lancaster's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.76 people.
The majority of houses, apartments or condos in Lancaster were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 10.60% |
| Two Bedrooms | 26.70% |
| Three Bedrooms | 48.60% |
| Four Bedrooms | 11.10% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $76,100 |
| Median Price asked for vacant units | $63,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $604 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2% |
| Home Equity Loan | 3.40% |
| Simple Mortgage | 67.30% |
| Debt Free | 27.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
