Home prices
The median home in Lancaster is valued at $85,000. In comparison to its surrounding areas this is roughly $10,700 (14%) higher.In comparison to the rest of the country it is roughly $132,500 (60%) lower, and in comparison to the city of Kansas City is roughly $69,600 (45%) lower.
Rents
Lancaster's median monthly rent is $713. In comparison to nearby areas it is roughly $122 (20%) higher.Compared to the rest of the nation it is about $349 (32%) lower, and in comparison to the city of Kansas City is roughly $228 (24%) lower.
Nearby places
Effingham
Effingham is roughly 5 miles southwest of Lancaster. Housing prices there are a little less expensive. Effingham's median home value is $75,300, which works out to $9,700 (12%) lower than Lancaster. The rent there is a bit less expensive. Effingham's median rent is $595 per month, which comes out to $118 (19%) lower than Lancaster.
Atchison
Atchison is roughly 7 miles east of Lancaster. Real estate prices there are somewhat more expensive. Atchison's median home cost is $89,900, which works out to $4,900 (5%) higher than Lancaster. The rent there is a little less expensive. Atchison's median monthly rent is $615, which is $98 (15%) lower than Lancaster.
Everest
Everest is roughly 9 miles northwest of Lancaster. Its housing prices are significantly less expensive. The median home in Everest is valued at $57,300, which comes out to $27,700 (48%) lower than Lancaster. Its rents are a bit less expensive. The median rent in Everest is $567 per month, which is $146 (25%) lower than Lancaster.
Muscotah
Muscotah is approximately 10 miles west of Lancaster. Real estate prices there are a bit less expensive. The value of the median home in Muscotah is $70,000, which is $15,000 (21%) lower than Lancaster. Rents there are substantially less expensive. Muscotah's median monthly rent is $488, which is $225 (46%) lower than Lancaster.
Nortonville
Nortonville is about 10 miles south of Lancaster. Housing prices there are somewhat less expensive. Nortonville's median home price is $79,000, which is $6,000 (7%) lower than Lancaster. Rents there are similar. The median monthly rent in Nortonville is $688, which works out to $25 (3%) lower than Lancaster.