Lancaster, NH—03584
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lancaster, NH
As of Oct '25, the median home price in Lancaster, NH is $297,000, with a year-over-year change of 5.4%. This indicates that home prices in Lancaster, NH are increasing. According to Zillow, the 1-year price projection is 4.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $297,000 | 5.4% |
| Single Family | $297,000 | 4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $266,000 | 5.1% |
3 Bed | $310,000 | 5.1% |
4 Bed | $335,000 | 4.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lancaster, NH
As of July '25, Rentcast reports the average rent in Lancaster, NH is $1,100, with a year-over-year rent change of 33.3%. Per bedroom, the median rent as of July '25 in Lancaster, NH is studios: $775, 1-bedrooms: $1,110, 2-bedrooms: $995, 3-bedrooms: $1,500. The most common rental property sizes in Lancaster, NH are 1-bedroom and 2-bedroom, accounting for 43.0% and 24.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,100 |
| Studio Rent | $775 | $775 |
| 1 Bed Rent | $1,000 | $1,110 |
| 2 Bed Rent | $995 | $995 |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lancaster, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Lancaster, NH is 106. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $386,000 | -18.0% |
Listing Count | 12 | 2.0% |
| Listings as % of Homes | 0.3% | 2.0% |
Days on Market | 106 | 24.0% |
Demographics — Lancaster, NH
As of the latest ACS Survey released in 2023, Lancaster, NH has a population of 3,440, which has decreased by -6.7% over the past 5 years. Lancaster, NH is a moderately popular place for families, as children make up 18.0% of the population. The area has a moderately educated workforce, with 27.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,440 | -6.7% |
% Under 18 | 18.0% | -18.2% |
% Seniors | 25.9% | 24.5% |
% WFH | 12.9% | 67.5% |
% w/ College Degree | 27.3% | 24.1% |
As of the latest ACS Survey released in 2023, Lancaster, NH is a predominantly white area, with 95.3% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Lancaster, NH is hispanic, making up 0.8% of the population. Foreign-born residents account for 3.3% of the population in Lancaster, NH, and this percentage has increased by 73.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.3% | -2.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.8% | 33.3% |
% Asian | 0.4% | ∞% |
% Foreign Born | 3.3% | 73.7% |
Mortgage and Risk — Lancaster, NH
According to HUD data as of 2023, there were 49 mortgage originations in Lancaster, NH, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Lancaster, NH. Investor activity is low, as 10.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 49 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Lancaster, NH
Lancaster, NH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 129 |
Total Units Section 8 | 109 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$150 | $1,000 | $850 |
| 2 Bedroom | $125 | $995 | $1,120 |
| 3 Bedroom | -$20 | $1,500 | $1,480 |
| 4 Bedroom | N/A | N/A | $1,480 |
Affordability — Lancaster, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $297,000 |
| Median Household Income | $92,800 |