Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lancer area can be challenging. Home prices in Lancer are now at a median cost of $93,400, lower than the Kentucky average of $164,895.
The average cost of rent is $518/mo in Lancer, primarily driven by the current value of real estate in the Lancer area. While nearly 83.07% of residents own their homes outright in Lancer, 34.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lancer is $2,177 per month. Households that rent pay about 23.80% of their income on rent here. Lancer's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Endicott, KY: equally priced homes
- Prestonsburg, KY: higher priced homes
- Dwale, KY: higher priced homes
- Auxier, KY: equally priced homes
- Thomas, KY: higher priced homes
- Allen, KY: less expensive homes
- Van Lear, KY: higher priced homes
- Ivel, KY: equally priced homes
- East Point, KY: higher priced homes
- Meally, KY: higher priced homes
Cities with Similar Populations
- Blues Old Stand, AL: higher priced homes
- Twin Lakes, MI: higher priced homes
- Sunspot, NM: equally priced homes
- Sundown, NY: higher priced homes
- Summit, OR: higher priced homes
- Strongs, MI: higher priced homes
- Straits, NC: higher priced homes
- Celina, MN: higher priced homes
- Boykin, AL: less expensive homes
- Bowser, TX: higher priced homes
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