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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
74%
27%
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 Market27
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold9
Active Inventory5
Price Per Sq Ft$151

Ownership & Stock

Owner-Occupied73.5%
Renter-Occupied26.5%
Homeownership Rate73.5%
Total Housing Units5,202
Median Year Built1954
Rent Burden25.4%