The median home value in Lancaster, MN is $119,500. This is higher than the county median home value of $107,900. The national median home value is $338,100. The average price of homes sold in Lancaster, MN is $119,500. Approximately 60.66% of Lancaster homes are owned, compared to 20.22% rented, while 19.13% are vacant. Lancaster real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lancaster real estate agent to arrange a tour today!
Lancaster, Minnesota has a population of 386. Lancaster is more family-centric than the surrounding county with 35.14% of the households containing married families with children. The county average for households married with children is 31.54%.
The median household income in Lancaster, Minnesota is $58,125. The median household income for the surrounding county is $60,676 compared to the national median of $69,021. The median age of people living in Lancaster is 38.8 years.
The average high temperature in July is 79.6 degrees, with an average low temperature in January of -6.7 degrees. The average rainfall is approximately 20.6 inches per year, with 38.5 inches of snow per year.