Foreclosure Homes in Lancaster, VA

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$263,435 EMV

Mary Ball Rd
Lancaster, VA 22503

$16,403 EMV

Emlaw Ln
Lancaster, VA 22503

$146,584 EMV

Western Branch Rd
Lancaster, VA 22503

4 Bed | 1.5 Bath | 1,152 Sq. Ft.

$101,745 EMV

Morattico Rd
Lancaster, VA 22503

3 Bed | 1 Bath | 864 Sq. Ft.

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Home Value Estimator For Lancaster, VA

There are currently 2,394 real estate properties in Lancaster, VA, with a median automated valuation model (AVM) price of $262,200.00. 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, VA, 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, VA, is $343,036.00, with the most expensive house in Lancaster, VA, topping out at $1,975,000.00 and the cheapest home in Lancaster, VA, clocking in at $40,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Lancaster, VA!

Rent Prices In Lancaster, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lancaster, VA, is on a rollercoaster ride. The average rent price in Lancaster, VA, is $1,248.00. Indeed, when looking to rent in Lancaster, VA, you can expect to pay as little as $550.00 or as much as $2,960.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Lancaster, VA -- 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, VA

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

Top Reasons To Live In Lancaster, VA In 2021

Lancaster is located in Lancaster, Virginia, with an estimated municipal population of 57 residents. All of the best foreclosed homes for sale in Lancaster are located in the following zip code areas on 22503. The estimated population per square kilometer (.62 miles) in Lancaster is 10.

Diversity And Demographics In Lancaster, Virginia

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 65.1, split between 47.4 percent male versus 52.6 female.

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

White 71.9%
Black / African American 28.1%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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 0%
Aged 10-19 0%
20s 19.3%
30s 8.8%
40s 0%
50s 8.8%
60s 63.1%
70s 0%
80+ 0%

Best Schools In Lancaster, Virginia

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, Virginia

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, Virginia, In 2021

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.


Listing types in Lancaster, VA

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