Short Sale Listings in Lancaster, SC

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View this home at Southern Land Dr Lancaster SC 29720
View this home at Pink Plyler Rd Lancaster SC 29720
$88,825 EMV

| 2 Bath

View this home at Camp Creek Rd Lancaster SC 29720
$301,603 EMV

| 2 Bath

View this home at Watts Dr Lancaster SC 29720
Preforeclosure NEW
$182,166 EMV

| 2 Bath | 2,588 Sq. Ft.

View this home at Charlotte Hwy Lancaster SC 29720
$197,125 EMV

| 1 Bath | 1,949 Sq. Ft.

View this home at E Meeting St Lancaster SC 29720
$151,320 EMV

| 1 Bath | 1,128 Sq. Ft.

View this home at Converse St Lancaster SC 29720
$159,092 EMV

| 1 Bath | 1,001 Sq. Ft.

View this home at W Barr St Lancaster SC 29720
$251,711 EMV

| 3 Bath | 2,432 Sq. Ft.

View this home at Heatherwood Ln Lancaster SC 29720
$154,754 EMV

| 2 Bath | 1,269 Sq. Ft.

View this home at Henry Harris Rd Lancaster SC 29720
$524,106 EMV

| 1 Bath | 1,576 Sq. Ft.

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Home Value Estimator For Lancaster, SC

There are currently 19,339 real estate properties in Lancaster, SC, with a median automated valuation model (AVM) price of $193,100.00. 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, SC, 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, SC, is $236,524.00, with the most expensive house in Lancaster, SC, topping out at $7,041,000.00 and the cheapest home in Lancaster, SC, clocking in at $21,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Lancaster, SC!

Rent Prices In Lancaster, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lancaster, SC, is on a rollercoaster ride. The average rent price in Lancaster, SC, is $968.00. Indeed, when looking to rent in Lancaster, SC, you can expect to pay as little as $480.00 or as much as $2,500.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Lancaster, SC -- 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, SC

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

Top Reasons To Live In Lancaster, SC In 2023

Lancaster is located in Lancaster, South Carolina, with an estimated municipal population of 9,119 residents. All of the best foreclosed homes for sale in Lancaster are located in the following zip code areas on 29720. The estimated population per square kilometer (.62 miles) in Lancaster is 546.

Cost Of Living In Lancaster, SC

So, about how much do homes cost in Lancaster? The most recent median value of resident-owned homes in Lancaster is 134,201. An estimated 44.2 percent of households in Lancaster own their homes, with an average family size of 3.52. The median household income in Lancaster is 30,122, with13.3 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 27.3. 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 695, according to recent statistics.

Diversity And Demographics In Lancaster, South Carolina

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 39.1, split between 44.1 percent male versus 55.9 female. The percentage of residents who report being married in Lancaster is 32.4, with an average family size of 3.52.

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

White 45.7%
Black / African American 50.6%
Asian 0.2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.1%
Other 1.3%

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 16.9%
Aged 10-19 11.6%
20s 12.2%
30s 11.3%
40s 12.5%
50s 12.9%
60s 9.9%
70s 7.1%
80+ 5.5%

Best Schools In Lancaster, South Carolina

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, South Carolina

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, South Carolina, 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, SC Short Sale Listings


Listing types in Lancaster, SC

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