Lancaster, TX Condos For Sale
If you are going to be moving to Lancaster, TX and are looking to buy or rent a condo, or if you currently own a Lancaster condo and are looking to sell it, there are a few helpful tips about the Lancaster housing market you may want to know. In more recent years, the housing market has gone up and down in Lancaster. The average amount of Lancaster condos for sale and homes reached a high point of nearly 220 with average sales of about $100,000 in the summer of 2012, but that number has since dropped to less than 40 by the end of 2013 with an average price still being in the $100,000 range. The value of houses or condos in Lancaster in recent years has been about $30,000 less than the rest of the state of Texas. The latest average price to rent a home or condo in Lancaster is about $900 per month, depending on the property value.
As far as the potential buyers for Lancaster condos are concerned, Lancaster's population is about 38,000 with the average household income at about $50,000. The city is a relatively safe place to live with crime rates decreasing in recent years, and Lancaster has about 8 elementary schools, 1 middle school, 1 high school, and 4 alternative schools. There are no colleges within the city limits itself but there are some that are located only a few miles away. Lancaster also has 3 nearby hospitals, an airport, and has most of the chain restaurants you will find throughout the US as well as local restaurants like Bienvenidos, Cafe Raaz, Classic Cup Cafe, and Lovin's Oven Bakery.