Home prices
The median home in Lancaster costs $134,900. Compared to the surrounding areas this is about $24,640 (22%) higher.It is about $82,600 (37%) lower in comparison to the entire country, and it is roughly $111,400 (45%) lower compared to the city of Madison.
Rents
Lancaster's median monthly rent is $627. It is roughly $47 (8%) higher compared to other places in this area.Compared to the rest of the country it is roughly $435 (40%) lower, and in comparison to the city of Madison is roughly $491 (43%) lower.
Nearby places
Fennimore
Fennimore is about 8 miles north of Lancaster. Housing prices there are somewhat less expensive. The price of the median home in Fennimore is $104,500, which is $30,400 (29%) lower than Lancaster. Rent there is pretty similar. In Fennimore the median monthly rent is $652, which comes out to $25 (3%) higher than Lancaster.
Bloomington
Bloomington is about 9 miles west of Lancaster. The real estate prices there are a lot less expensive. The median home in Bloomington is valued at $90,000, which comes out to $44,900 (49%) lower than Lancaster. Rent there is a little less expensive. The median monthly rent in Bloomington is $532, which comes out to $95 (17%) lower than Lancaster.
Tennyson
Tennyson is about 10 miles south of Lancaster. The real estate prices there are somewhat less expensive. The median home in Tennyson costs $128,000, which works out to $6,900 (5%) lower than Lancaster. The rent there is somewhat more expensive. In Tennyson the median rent is $713 a month, which is $86 (12%) higher than Lancaster.
Mount Hope
Mount Hope is about 10 miles northwest of Lancaster. Housing prices there are substantially less expensive. Mount Hope's median home price is $85,000, which is $49,900 (58%) lower than Lancaster. Rents there are a bit less expensive. In Mount Hope the median rent is $486 a month, which works out to $141 (29%) lower than Lancaster.
Potosi
Potosi is roughly 10 miles south of Lancaster. Real estate prices there are somewhat more expensive. Potosi's median home value is $143,800, which works out to $8,900 (6%) higher than Lancaster. Rents there are a little less expensive. In Potosi the median monthly rent is $518, which comes out to $109 (21%) lower than Lancaster.
