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Lancaster, SC

Full City Profile · South Carolina · Lancaster County County

2.3 /5.0
C Fair
8,738 Population 1,214/sq mi density
$43,234 Median Income $30,084 per capita
$226,300 Home Value $281,639 Zillow
$824 Median Rent 36.4% income on rent
61°F Avg Temperature 310 sunny days/yr
403 Violent Crime/100K 3,077 property/100K
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$43,234 median income, 8.0% unemployment
B+
Affordability
3.7 / 5.0
$226,300 home value, $824/mo rent
F
Safety
1.0 / 5.0
403 violent crimes/100K (6% above avg)
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher

Housing Overview

Median Home Value
$226,300
20% below
US avg: $281,900
Median Rent
$824/mo
29% below
US avg: $1,163/mo
Homeownership Rate
44.3%
32% below US avg (65.4%)
Total Housing Units
3,575
Median year built: 1973

Home Value by Source

Census Median
$226,300
Zillow (ZHVI)
$281,639
Median Sale Price
$307,777
Median List Price
$285,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

44.3%
Owner-Occupied
55.7%
Renter-Occupied
44%
56%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$881/mo
1 Bedroom
$922/mo
2 Bedroom
$1,011/mo
3 Bedroom
$1,382/mo
4 Bedroom
$1,696/mo
Census median rent: $824/mo

Market Indicators (Redfin)

Median Days on Market
71 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
21.1%
of listings with price reduction
Price Per Sq Ft
$164
Active Inventory
76
homes for sale

Affordability & Housing Stock

Rent Burden
36.4%
of renters spending 30%+ of income on housing
17% above US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
44.3%

Complete Housing Data

Home Values

Census Median Value$226,300
Zillow Home Value (ZHVI)$281,639
Median Sale Price$307,777
Median List Price$285,000
Price Per Sq Ft$164

Rent

Census Median Rent$824
FMR Studio$881
FMR 1-Bedroom$922
FMR 2-Bedroom$1,011
FMR 3-Bedroom$1,382
FMR 4-Bedroom$1,696

Market

Days on Market71
Sale-to-List Ratio1.0%
Price Drops21.1%
Homes Sold11
Active Inventory76
Price Per Sq Ft$164

Ownership & Stock

Owner-Occupied44.3%
Renter-Occupied55.7%
Homeownership Rate44.3%
Total Housing Units3,575
Median Year Built1973
Rent Burden36.4%