Home prices
The value of the median home in Lancaster is $125,900. It is approximately $14,500 (13%) higher in comparison to its nearby areas.In comparison to the entire country it is about $91,600 (42%) lower, and it is roughly $25,700 (16%) lower compared to the city of Columbus.
Rents
Lancaster's median rent is $797 per month. Compared to other places in this area this is about $41 (4%) lower.It is approximately $265 (24%) lower compared to the entire country, and is approximately $164 (17%) lower compared to the city of Columbus.
Nearby places
Pleasantville
Pleasantville is roughly 6 miles northeast from Lancaster. Its real estate prices are a little less expensive. Pleasantville's median home price is $111,700, which works out to $14,200 (12%) lower than Lancaster. The rent there is a lot less expensive. In Pleasantville the median monthly rent is $510, which works out to $287 (56%) lower than Lancaster.
Carroll
Carroll is roughly 7 miles northwest of Lancaster. Its housing prices are somewhat more expensive. The median home in Carroll is valued at $141,700, which comes out to $15,800 (11%) higher than Lancaster. Rent there is similar. The median monthly rent in Carroll is $790, which is very similar to Lancaster.
Sugar Grove
Sugar Grove is approximately 7 miles south from Lancaster. Real estate prices there are a little less expensive. Sugar Grove's median home value is $105,200, which is $20,700 (19%) lower than Lancaster. The rent there is substantially more expensive. In Sugar Grove the median monthly rent is $1,263, which comes out to $466 (36%) higher than Lancaster.
West Rushville
West Rushville is about 7 miles east from Lancaster. Housing prices there are significantly less expensive. West Rushville's median home price is $91,700, which works out to $34,200 (37%) lower than Lancaster. Rents there are fairly similar. In West Rushville the median monthly rent is $825, which comes out to $28 (3%) higher than Lancaster.
Amanda
Amanda is about 8 miles southwest of Lancaster. Housing prices there are a bit less expensive. The median home price in Amanda is $106,700, which works out to $19,200 (17%) lower than Lancaster. The rent there is fairly similar. Amanda's median monthly rent is $800, which is very similar to Lancaster.