Area Insights of Lancaster, CA
Stay ahead with market trends and local insights that matter.
Market Trends
Home prices are trending up by 18% year-over-year, with a median list price of $484,900 and a median sale price of $480,000. Properties sell at an average of $497,654, typically spending 51 days on the market.
Location
Lancaster, CA
Date
Avg Sale Price
Demand Insights
The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 358 homes were sold with 23 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.
Location
Lancaster, CA
Date
Price Ratio
Schools
Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.
Elementary School
Antelope Valley Adventist School
KG to 8
Hope Christian Academy
1 to 5
Empowered Church International/ Learning Academy
KG to 6
Antelope Valley Adventist School
KG to 8
Noah's Ark - Hope Chapel Christian Academy
KG to 5
Middle School
Challenger Middle School
5 to 8
Ratings
D
Fulton and Alsbury Academy of Arts and Engineering
6 to 8
Ratings
A
High School
Empower Generations
7 to 12
Ratings
D-
Assurance Learning Academy
8 to 12
Ratings
D-
Phoenix High Community Day
9 to 12
Soar High (Students on Academic Rise)
9 to 12
Ratings
A+
Academies of the Antelope Valley
7 to 12
Ratings
B-
Climate
Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.
Demographics
Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.
Population
With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 7% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.
Average Age is 35 Years
Household Details
The area's household landscape is diverse, with 58% owner-occupied homes and 42% renter-occupied properties. Family households represent 71% of the population, indicating a strong community focus on family living. The average home value stands at $480,520, which suggests ample demand for multi-bedroom properties.
Racial Diversity
The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 4% Asian, 18% Black, and 2% Native residents, alongside 32% White and 44% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.
Income
The area reflects a well-distributed income pattern with approximately 31% of households earning over $100,000 annually, while 32% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.
Employment
The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.
% of People are working in various industries.