What is the median home value in Lancaster Township, IL?

The median value of owner-occupied homes in Lancaster Township, IL is $154,100 (±$17,768), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Lancaster Township, the median home value went from $139,900 in 2015–2019 to $154,100 in 2020–2024 (+10.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$154,100 (±$17,768)
Owner-occupied homes
606 (±124)
Most common range
$200,000 to $299,999

Home values in Lancaster Township

Owner-occupied homes by value, 2020–2024
ValueLancaster TownshipStephenson CountyIllinoisUnited States
Less than $50,0009.9% (±7.2 points)11.7%5.4%5.3%
$50,000 to $99,99920.0% (±8.9 points)23.3%8.3%6.1%
$100,000 to $149,99917.3% (±10.2 points)19.7%9.7%6.8%
$150,000 to $199,99921.5% (±9.5 points)16.1%11.8%9.0%
$200,000 to $299,99928.1% (±12.2 points)18.4%22.3%17.8%
$300,000 to $499,9991.3% (±1.9 points)8.4%27.7%26.9%
$500,000 to $999,9991.5% (±2.3 points)1.5%12.1%20.9%
$1,000,000 or more0.5% (±0.7 points)0.9%2.7%7.1%

The most common range is $200,000 to $299,999, 28.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Lancaster Township against Stephenson County, its state and the nation

Estimate (90% margin of error)
Lancaster TownshipStephenson CountyIllinoisUnited States
Median home value$154,100 (±$17,768)$134,900 (±$6,661)$263,300 (±$797)$332,700
Owner-occupied homes606 (±124)13,726 (±394)3,378,910 (±14,728)84,210,142

In Lancaster Township, the median home value is higher than in Stephenson County ($134,900).

It is also lower than in Illinois ($263,300).

It is lower than the national figure ($332,700).

In Stephenson County, Lancaster Township ranks 16 of 30 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1206 of 2,652.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Lancaster Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$139,900 (±$25,390)$154,100 (±$17,768)+10.2%No measurable change after inflation
Median owner cost with a mortgage$1,293 (±$144)$1,353 (±$117)+4.6%Down after inflation
Median real estate taxes$3,587 (±$546)$3,340 (±$374)−6.9%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Lancaster Township

Nearest places with a published estimate, compared with Lancaster Township
PlaceDistanceMedian home valueCompared with this place
Lancaster Township—$154,100 (±$17,768)—
Dakota4.1 mi$115,600 (±$20,923)Lower
Cedarville4.4 mi$125,700 (±$12,877)Lower
Freeport4.7 mi$92,100 (±$7,437)Lower
Freeport Township4.7 mi$92,100 (±$7,437)Lower
Ridott5.4 mi$126,000 (±$38,225)Not measurably different
Dakota Township5.7 mi$155,600 (±$26,209)Not measurably different
Silver Creek Township6.4 mi$185,500 (±$29,441)Not measurably different
Buckeye Township6.5 mi$155,300 (±$21,343)Not measurably different

Nearby places with a measurably lower figure: Dakota, IL ($115,600), Cedarville, IL ($125,700), Freeport, IL ($92,100).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Stephenson County, place by place

RankPlaceMedian home value
10Rock Run Township$164,800 (±$13,928)
11West Point Township$158,600 (±$15,458)
12Waddams Township$155,800 (±$109,397)
13 (tie)Dakota Township$155,600 (±$26,209)
13 (tie)Oneco Township$155,600 (±$11,568)
15Buckeye Township$155,300 (±$21,343)
16Lancaster Township$154,100 (±$17,768)
17Orangeville$152,700 (±$10,071)
18Lena$146,000 (±$13,374)
19Davis$142,700 (±$18,184)
20Jefferson Township$135,400 (±$39,342)
21German Valley$130,300 (±$21,727)
22Pearl City$128,200 (±$16,677)

Showing 13 of 30 places in Stephenson County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lancaster Township

What is the average home value in Lancaster Township, IL?

The Census Bureau publishes the median: $154,100 (±$17,768) for owner-occupied homes in Lancaster Township (2020–2024 American Community Survey).

Have home values in Lancaster Township gone up?

In Lancaster Township, the median home value went from $139,900 in 2015–2019 to $154,100 in 2020–2024 (+10.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Lancaster Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lancaster township, Stephenson County, Illinois (county subdivision:41885, in state:17 county:177).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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