Home prices
The median home in Lancaster is valued at $86,100. This is approximately $14,840 (20%) higher compared to its nearby areas.Compared to the country as a whole it is roughly $131,400 (60%) lower, and is approximately $124,200 (59%) lower in comparison to the city of Grand Forks.
Rents
Lancaster's median monthly rent is $532. This is roughly $54 (9%) lower in comparison to its nearby areas.It is approximately $530 (49%) lower compared to the nation as a whole, and compared to the city of Grand Forks it is roughly $279 (34%) lower.
Nearby places
Hallock
Hallock is approximately 7 miles southwest from Lancaster. The real estate prices there are similar. The cost of the median home in Hallock is $87,400, which comes out to $1,300 (1%) higher than Lancaster. Rent there is somewhat more expensive. The median rent in Hallock is $716 a month, which comes out to $184 (25%) higher than Lancaster.
Lake Bronson
Lake Bronson is about 9 miles southeast from Lancaster. The housing prices there are a lot less expensive. The median home price in Lake Bronson is $34,400, which is $51,700 (150%) lower than Lancaster. The rent there is a bit less expensive. In Lake Bronson the median monthly rent is $425, which works out to $107 (25%) lower than Lancaster.
Kennedy
Kennedy is approximately 13 miles south of Lancaster. Its housing prices are significantly less expensive. The median home in Kennedy is valued at $48,300, which comes out to $37,800 (78%) lower than Lancaster. Its rents are somewhat more expensive. Kennedy's median monthly rent is $669, which works out to $137 (20%) higher than Lancaster.
Pembina
Pembina is approximately 18 miles west from Lancaster. The real estate prices there are somewhat more expensive. Pembina's median home price is $104,900, which comes out to $18,800 (17%) higher than Lancaster. Its rents are a little more expensive. The median rent in Pembina is $563 per month, which is $31 (5%) higher than Lancaster.
Karlstad
Karlstad is about 19 miles southeast from Lancaster. Housing prices there are a bit less expensive. The value of the median home in Karlstad is $81,300, which is $4,800 (5%) lower than Lancaster. Its rents are similar. In Karlstad the median rent is $558 a month, which comes out to $26 (4%) higher than Lancaster.
