Lancaster FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Lancaster, Ohio.

Featured Foreclosure Listings in Lancaster, OH

Lancaster Home Foreclosure Listing ID: 2151658

Foreclosure

Lancaster, OH - 43130

1 Bd | 1 Ba | $34,000.00

Lancaster Home Foreclosure Listing ID: 2098128

Foreclosure

Lancaster, OH - 43130

4 Bd | 2 Ba | $60,000.00

Lancaster Home Foreclosure Listing ID: 1927074

Foreclosure

Lancaster, OH - 43130

4 Bd | 3.5 Ba | $79,900.00

Lancaster Home Foreclosure Listing ID: 2155654

Foreclosure

Lancaster, OH - 43130

3 Bd | 1.5 Ba | $87,500.00

Lancaster Home Foreclosure Listing ID: 2151546

Foreclosure

Lancaster, OH - 43130

4 Bd | 2.1 Ba | $116,000.00

Total: 13
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
11 Photos
E WHEELING ST Lancaster OH 43130 Foreclosures 3 1.5 $68,000.00 Details
2
10 Photos
WIND RIVER DR Lancaster OH 43130 Foreclosures 4 2.1 $116,000.00 Details
3
12 Photos
FOREST ROSE AVE Lancaster OH 43130 Foreclosures 3 1.5 $87,500.00 Details
4
11 Photos
S GEORGE ST Lancaster OH 43130 Foreclosures 1 1 $34,000.00 Details
5
6 Photos
E MULBERRY ST Lancaster OH 43130 Foreclosures 4 3.5 $79,900.00 Details
6
8 Photos
S COLUMBUS ST Lancaster OH 43130 Foreclosures 4 2 $60,000.00 Details
7
1 Photo
S ZANE AVE Lancaster OH 43130 Foreclosures 4 2 $40,000.00 Details
8
7 Photos
E FAIR AVE Lancaster OH 43130 Foreclosures 2 1 $22,000.00 Details
9
14 Photos
PLEASANT DR NE Lancaster OH 43130 Auctions 3 1 $44,000.00 Details
10
10 Photos
S ROOSEVELT AVE Lancaster OH 43130 Foreclosures 3 1 $39,900.00 Details
11
1 Photo
LOGAN ST Lancaster OH 43130 Foreclosures 3 1 - Details
12
2 Photos
N MAPLE ST Lancaster OH 43130 Foreclosures 2 1 - Details
13
7 Photos
E 5TH AVE Lancaster OH 43130 Foreclosures 3 1.5 - Details
About our Listings

How to Buy Lancaster Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Lancaster, OH starts with finding listings. By browsing Lancaster foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Lancaster, OH.

>> See more info about how to Buy foreclosures

How to Invest in Lancaster Foreclosures

How to invest foreclosure

Lancaster foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Lancaster real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Lancaster foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Lancaster foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Lancaster

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Lancaster will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Lancaster, OH. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Lancaster apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Ohio Foreclosure Laws

Foreclosure law

In the state of Ohio, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Ohio are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Ohio REO properties.

Lancaster Banks Foreclosures

Bank Foreclosure

Lancaster bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Lancaster, OH are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Lancaster bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Lancaster Ohio to be similar to buying from an agent. Check our Lancaster bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Lancaster Government Foreclosures

Government Foreclosure

Lancaster Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Lancaster OH are another popular type of foreclosure, as are VA foreclosures in Lancaster, which are available from the Veterans Affairs Department for especially great deals. Check our Lancaster government foreclosure listings.

>> See more info about govermment foreclosures

Lancaster Pre-Foreclosures

Foreclosure

PreForeclosures in Lancaster are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Lancaster Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Lancaster Foreclosure Auctions

Foreclosure Auction

Most Lancaster foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Lancaster, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Lancaster, OH. We offer a comprehensive Lancaster foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Lancaster, Ohio

Find Home Foreclosure Listings in Lancaster, OH

Lancaster foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Lancaster, OH and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Lancaster Ohio, best affordable foreclosure condo in Lancaster, cheap apartments for sale, bargain foreclosed homes for sale in Lancaster, OH and earn huge savings on the homes YOU want to buy!

Our Lancaster Foreclosure Lists

You can find Lancaster foreclosure homes for sale which you can buy for living or investment. Simply click through our Lancaster foreclosure home listings to find government foreclosures and bank owned homes in Lancaster area. If you're searching for a deep discount or low prices on real estate then searching our Lancaster foreclosure lists for homes foreclosure for sale or short sale listing in Lancaster is your answer. Our up-to-date Lancaster short sale listings provide the latest investing opportunities on affordable Lancaster bank owned property listings, government pre foreclosure lists, Lancaster banrkuptcy homes and Lancaster HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Lancaster, you should have little trouble finding the cheapest deal on a foreclosed home in Lancaster, Ohio.

You can also search Bremen foreclosure listings and Lithopolis foreclosure listings for more properties in the neighboring area.



Lancaster, OH

As of 2011, Lancaster's population is 36,395 people. Since 2000, it has had a population growth of 3. 08 percent. The median home cost in Lancaster is $112,800. Home appreciation the last year has been -2. 28 percent. Compared to the rest of the country, Lancaster's cost of living is 12. 40% Lower than the U. S. average. Lancaster public schools spend $4,988 per student. The average school expenditure in the U. S. is $5,678. There are about 18. 6 students per teacher in Lancaster. The unemployment rate in Lancaster is 8. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Lancaster jobs have Decreased by 0. 31 percent. Average Commute time is 27 minutes. The National Average is 28 minutes.

Peoplelancaster, ohUS
Population36,395307,829,557
Pop Density2,02987
Pop Change3.08%9.34%
Median Age3736.6
Households15,801116,329,167
Household Size2.262.58
Male Population47.73%49.31%
Female Population52.27%50.69%
Married Population45.04%47.15%
Single Population54.96%52.85%
Estimated Households By Household Incomelancaster, ohUS
Income Less Than 15k15.19%12.10%
Income Between 15k And 25k13.96%10.18%
Income Between 25k And 35k15.15%10.56%
Income Between 35k And 50k18.84%14.98%
Income Between 50k And 75k20.31%19.53%
Income Between 75k And 100k8.54%12.52%
Income Between 100k And 150k5.10%12.14%
Income Between 150k And 250k1.35%3.91%
Income Between 250k And 500k1.32%3.34%
Income Greater Than 500k0.25%0.75%
Economylancaster, ohUS
Unemployment Rate8.60%9.10%
Recent Job Growth-0.31%-0.12%
Future Job Growth30.78%31.25%
Sales Taxes6.25%6.80%
Income Taxes8.62%6.25%
Income Per Cap$21,869$27,067
Household Income$39,685$52,954
Housinglancaster, ohUS
Median Home Age5135.1
Median Home Cost$112,800$175,100
Home Appreciation-2.28%-3.15%
Homes Owned55.59%59.90%
Housing Vacant6.32%10.37%
Homes Rented38.09%29.73%
Property Tax Rate$9.72$11.20
Owner Occupied Housing Units By Valuelancaster, ohUS
Less Than 20k2.28%2.65%
20k To 399993.13%3.76%
40k To 599995.01%4.99%
60k To 7999911.12%6.01%
80k To 9999921.48%7.27%
100k To 14999933.95%19.24%
150k To 19999914.56%14.67%
200k To 2999995.78%18.09%
300k To 3999991.69%9.14%
400k To 4999990.57%4.94%
500k To 7499990.18%5.42%
750k To 9999990.12%2.03%
1kk Or More0.14%1.77%
Educationlancaster, ohUS
School Expend$4,988$5,678
Pupil Teacher Ratio18.614.9
Students Per Librarian980803
Students Per Counselor980513
2 Yr College Grad6.99%7.47%
4 Yr College Grad9.48%17.42%
Graduate Degrees4.98%10.12%
High School Grads87.77%84.72%
Crimelancaster, ohUS
Violent Crime44
Property Crime74
Housing Units By Year Structure Builtlancaster, ohUS
1999 To 20057.70%13.71%
1995 To 19986.15%8.54%
1990 To 19943.34%5.77%
1980 To 19895.66%13.87%
1970 To 197913.46%16.17%
1960 To 196912.16%11.70%
1950 To 195916.78%11.08%
1940 To 19498.46%6.02%
1939 Or Earlier26.30%13.15%

Table Information