Lancaster, NY
Full City Profile · New York · Erie County County
3.3
/5.0
B
Good
10,127
Population
3,723/sq mi density
$63,902
Median Income
$40,844 per capita
$186,300
Home Value
$254,640 Zillow
$839
Median Rent
25.4% income on rent
49°F
Avg Temperature
246 sunny days/yr
429
Violent Crime/100K
2,298 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$63,902 median income, 0.8% unemployment
A+
Affordability
5.0 / 5.0
$186,300 home value, $839/mo rent
F
Safety
1.0 / 5.0
429 violent crimes/100K (13% above avg)
B
Education
3.0 / 5.0
25.2% bachelor's degree or higher
Housing Overview
Median Home Value
$186,300
34% below
US avg: $281,900
Median Rent
$839/mo
28% below
US avg: $1,163/mo
Homeownership Rate
73.5%
12% above US avg (65.4%)
Total Housing Units
5,202
Median year built: 1954
Home Value by Source
Census Median
$186,300
Zillow (ZHVI)
$254,640
Median Sale Price
$220,000
Median List Price
$259,999
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.5%
Owner-Occupied
26.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent:
$839/mo
Market Indicators (Redfin)
Median Days on Market
27 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$151
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
25.4%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
73.5%
Complete Housing Data
Home Values
| Census Median Value | $186,300 |
| Zillow Home Value (ZHVI) | $254,640 |
| Median Sale Price | $220,000 |
| Median List Price | $259,999 |
| Price Per Sq Ft | $151 |
Rent
| Census Median Rent | $839 |
| FMR Studio | $1,215 |
| FMR 1-Bedroom | $1,315 |
| FMR 2-Bedroom | $1,579 |
| FMR 3-Bedroom | $1,976 |
| FMR 4-Bedroom | $2,193 |
Market
| Days on Market | 27 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 9 |
| Active Inventory | 5 |
| Price Per Sq Ft | $151 |
Ownership & Stock
| Owner-Occupied | 73.5% |
| Renter-Occupied | 26.5% |
| Homeownership Rate | 73.5% |
| Total Housing Units | 5,202 |
| Median Year Built | 1954 |
| Rent Burden | 25.4% |
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