Welcome to our 93534 real estate data hub, tailored for investors in Lancaster, CA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 93534 in Lancaster, CA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in LOS ANGELES COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Lancaster, CA real estate investing. Uncover the wealth of information available, and position yourself for success in the Lancaster property market.
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Location Overview
- Zip Code: 93534
- City: Lancaster
- State: CA
- Metro Area: Los Angeles-Long Beach-Anaheim, CA
- County Name: LOS ANGELES COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $391,034
- Average Home Price (Single Family Homes): $393,786
- Average Monthly Rental Price (All Types): $2,448
- Price-to-Rent Ratio: 13
- Zillow Projected % appreciation from 4/2023-4/2024: -1.4%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,840
- Average 3 Bedroom Section 8 Rental Rates: $2,430
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.71
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.41
- Number of Units Offered in Section 8 in the County: 46745
- Number of Occupied Units in Section 8 in the County: 45172
- Percentage of Section 8 Units Occupied in the County: 96.59999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 224.61
- Total % Appreciation since 2000 (Government Data): 290.45
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -3.19%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -0.9%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.03%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 64.56%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 216.25%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.29%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 159.67%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.72%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 11.53%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%