City:

Lancaster, OH

Lancaster is a city in the state of ohio with a population of roughly 61,565. It is in Fairfield County, Ohio the Columbus, OH core-based statistical areas (CBSA), and the Columbus-Marion-Zanesville, OH combined statistical area (CSA).Its Zip codes include 43130 .

Trends in Home Prices in Lancaster, OH

Real estate in Lancaster, Ohio is a hot commodity. With a population of over 100,000 people and an expanding economy, there is always demand for new homes and apartments. In addition to the general population growth, businesses are also moving into the area and requiring more office space. This has led to an increase in the number of residential units available for sale or lease.

The median price of a home in Lancaster was $147,500 in 2017. This is significantly higher than the national median price of $130,000 but still below the regional median price of $161,500. The average size of a home sold in Lancaster was 2 bedrooms and 1 bathroom which is typical for this region. The majority (81%) of homes sold were single family residences while 9% were condos or townhouses.

Lancaster has many excellent schools including two nationally ranked universities – Denison University and Ohio State University – as well as several other top-tier schools including Sinclair Community College and West Chester University-Main Campus. There are also plenty of shopping options including major department stores like Macy’s and Kohl’s as well as specialty stores like Anthropologie and Williams Sonoma. Finally, there are plenty of recreational opportunities available such as golf courses, hiking trails, biking trails, lakeshores and more!

Price Index: Columbus, OH

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