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Foreclosures in Lancaster, OH

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4 View this home at Reese Ave Lancaster OH 43130
Foreclosure
$174,048 EMV

3 Bed | 1 Bath | 1,164 Sq. Ft.

View this home at Ogara Ave Lancaster OH 43130
Foreclosure
$146,014 EMV

3 Bed | 2 Bath | 1,120 Sq. Ft.

View this home at Epworth Forest Dr Lancaster OH 43130
Foreclosure
$255,396 EMV
View this home at Western St Lancaster OH 43130
Foreclosure
$184,608 EMV
View this home at Bauman Hill Rd Se Lancaster OH 43130
Foreclosure
$255,075 EMV

3 Bed | 2 Bath | 1,918 Sq. Ft.

View this home at Wacker Dr Lancaster OH 43130
Preforeclosure NEW
$188,860 EMV

2 Bed | 1 Bath | 1,305 Sq. Ft.

View this home at Long Bow Ave Lancaster OH 43130
Preforeclosure NEW
$280,815 EMV

4 Bed | 3 Bath | 1,528 Sq. Ft.

View this home at Lookout St Lancaster OH 43130
Preforeclosure NEW
$202,729 EMV

3 Bed | 2 Bath | 1,209 Sq. Ft.

View this home at E 6th Ave Lancaster OH 43130
Preforeclosure NEW
$218,153 EMV

3 Bed | 2 Bath | 1,683 Sq. Ft.

View this home at N Ohio Ave Lancaster OH 43130
Preforeclosure NEW
$196,909 EMV

5 Bed | 2 Bath | 1,620 Sq. Ft.

Displaying 1 - 10 of 201

Home Value Estimator For Lancaster, OH

There are currently 19,738 real estate properties in Lancaster, OH, with a median automated valuation model (AVM) price of $225,400.00. 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, OH, 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, OH, is $261,216.00, with the most expensive house in Lancaster, OH, topping out at $25,933,800.00 and the cheapest home in Lancaster, OH, clocking in at $14,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Lancaster, OH!


Rent Prices In Lancaster, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lancaster, OH, is on a rollercoaster ride. The average rent price in Lancaster, OH, is $1,321.00. Indeed, when looking to rent in Lancaster, OH, you can expect to pay as little as $500.00 or as much as $2,780.00, with the average rent median estimated to be $1,270.00. The good news is that finding an affordable and desirable property to rent in Lancaster, OH -- 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.


Foreclosure Homes in Lancaster, OH

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Lancaster, OH area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Lancaster, OH and much more. Save thousands at closing with home foreclosure listings in Lancaster, OH — up to 75% off market value!


Top Reasons To Live In Lancaster, OH In 2023

Lancaster is located in Fairfield, Ohio, with an estimated municipal population of 40,505 residents. All of the best foreclosed homes for sale in Lancaster are located in the following zip code areas on Foreclosure.com: 43130. The estimated population per square kilometer (.62 miles) in Lancaster is 829.


Cost Of Living In Lancaster, OH

So, about how much do homes cost in Lancaster? The most recent median value of resident-owned homes in Lancaster is 126,335. An estimated 55.3 percent of households in Lancaster own their homes, with an average family size of 3.01. The median household income in Lancaster is 43,720, with14.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lancaster, the median commute time of resident workers (in minutes) is 26.9. And last, but certainly not least, are you looking for homes to rent in Lancaster? If so, the average rent price paid by renters in Lancaster is 797, according to recent statistics.


Diversity And Demographics In Lancaster, Ohio

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lancaster, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Lancaster is 39.5, split between 49 percent male versus 51 female. The percentage of residents who report being married in Lancaster is 42.3, with an average family size of 3.01.

The percentage of residents who report their race in Lancaster is as follows:

White 93.3%
Black / African American 2.2%
Asian 0.5%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.6%
Other 0.2%

Looking for family-friendly neighborhoods in and/or near Lancaster? Or maybe you are searching for 55+ active adult communities in and/or near Lancaster?

The percentage of residents who report their age in Lancaster is as follows:

Under 10 13.1%
Aged 10-19 10.6%
20s 14.6%
30s 12.4%
40s 12.1%
50s 13.2%
60s 10.6%
70s 7.6%
80+ 5.8%

Best Schools In Lancaster, Ohio

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lancaster with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lancaster.


Pros And Cons Of Living In Lancaster, Ohio

How do you know that living in -- or moving to -- Lancaster is right where you need to be? Perhaps you grew up in Lancaster or already live nearby; therefore, the decision to buy a home in Lancaster is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lancaster for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lancaster:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lancaster.


Reasons To Move To Lancaster, Ohio, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lancaster can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lancaster, meanwhile, can field multiple offers from more qualified buyers.

Lancaster, OH Foreclosures


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