550 E 5th Ave, Lancaster, OH 43130
Property image
Property image
OFF MARKET

$461,900

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 2,308 sqft (on 0.31 acres)

550 E 5th Ave, Lancaster, OH 43130

Est. Refi. Payment $3,118/mo*
Refinance Your Home
Currently Off Market - Sold Nov 28, 2016 for $299,900

Home Value

Trulia Estimate
$462K
Since last month
Decreased$5K (-1%)
Since last year
Increased$2K (+0.5%)
Since last sale
Increased$163K (+54.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +58% in the last 10 years
MonthEstimated value
2026
October 2026$463K
September 2026$460K
August 2026$467K
July 2026$478K
June 2026$482K
May 2026$473K
April 2026$470K
March 2026$467K
February 2026$455K
January 2026$446K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
525 E 5th Ave, Lancaster, OH
0.06
Single-Family Home
$428,000
06/29/26
3
2.5
2,390
538 E 6th Ave, Lancaster, OH
0.09
Single-Family Home
$272,000
02/20/26
3
1.5
1,704
539 King St, Lancaster, OH
0.06
Single-Family Home
$265,000
06/18/26
3
1.5
1,443
641 King St, Lancaster, OH
0.13
Single-Family Home
$279,950
03/20/26
3
2
1,448
629 King St, Lancaster, OH
0.11
Single-Family Home
$250,000
08/31/26
3
1.5
1,458
550 E Allen St, Lancaster, OH
0.17
Single-Family Home
$290,000
08/17/26
4
2
1,856
347 E Wheeling St, Lancaster, OH
0.30
Single-Family Home
$242,000
11/21/25
3
2
2,235
534 E Wheeling St, Lancaster, OH
0.25
Single-Family Home
$273,000
03/27/26
4
1.5
2,182
404 E 6th Ave, Lancaster, OH
0.20
Single-Family Home
$285,000
12/08/25
3
2
1,762
521 E Allen St, Lancaster, OH
0.23
Single-Family Home
$296,500
12/17/25
4
2
1,670

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
552 E 5th Ave, Lancaster, OH 43130
0.01
$286,000
3
2
1,720
Off Market
534 E 5th Ave, Lancaster, OH 43130
0.01
$506,500
6
4
4,292
Off Market
554 E 5th Ave, Lancaster, OH 43130
0.02
$295,300
3
1.5
1,840
Off Market
530 E 5th Ave, Lancaster, OH 43130
0.03
$364,600
4
4
2,914
Off Market
556 E 5th Ave, Lancaster, OH 43130
0.03
$322,700
4
2.5
1,876
Off Market
556 E 5th Ave, Lancaster, OH 43130
0.03
-
-
-
-
Off Market
413 N Mount Pleasant Ave, Lancaster, OH 43130
0.03
$262,000
3
2
1,333
Off Market
528 E 5th Ave, Lancaster, OH 43130
0.04
$338,500
4
3
2,536
Off Market
561 King St, Lancaster, OH 43130
0.04
$191,800
3
3
1,815
Off Market
561 King St, Lancaster, OH 43130
0.04
-
3
1.5
1,900
Off Market
553 King St, Lancaster, OH 43130
0.04
$147,100
6
2
2,464
Off Market
549 King St, Lancaster, OH 43130
0.04
$250,700
3
2
1,806
Off Market
555 King St, Lancaster, OH 43130
0.04
$184,300
4
1
1,795
Off Market
547 King St, Lancaster, OH 43130
0.04
$155,500
3
2
1,312
Off Market
526 E 5th Ave, Lancaster, OH 43130
0.04
$356,600
3
2.5
2,630
Off Market
557 King St, Lancaster, OH 43130
0.04
$126,900
4
3
1,661
Off Market
545 King St, Lancaster, OH 43130
0.05
$173,700
3
2
1,480
Off Market
535 E 5th Ave, Lancaster, OH 43130
0.05
$322,900
3
2
1,819
Off Market
531 E 5th Ave, Lancaster, OH 43130
0.05
$307,500
4
2
2,436
Off Market
543 King St, Lancaster, OH 43130
0.05
$234,000
3
2
1,640
Off Market

Local Information

  • Map ViewExplore the area around 550 E 5th Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1929
0.31 acre lot
2,308 sqft
$200/sqft
Garage

About this House

Welcome to this historic brick home on the iconic 500 block of 5th Avenue! Walk into the foyer which boasts a beautiful wooden staircase. The large living room offers a wood burning fireplace and plenty of room for entertaining. Fully updated kitchen has stainless steel appliances, a separate dish washing station, and eat-space. Large dining room with unique built-in cabinets. The sunroom offers tons of natural light and features the original brick exterior wall. Owner's suite with fireplace, walk in closets, and bathroom with dual vanities, a soaking tub, and custom tile shower. Generous bedrooms and guest bathroom. Great layout. Hardwood floors, Pella windows, and custom moldings throughout. Large backyard with patio and pergola and 2 car detached garage. Basement has been perfessionall treated for flooding, sump pump installed and a life time guarantee. Awesome outdoor live. Double lot. Come see why this home is right for you!
550 E 5th Ave, Lancaster, OH 43130 is a 3 bedroom, 3 bathroom, 2,308 sqft single-family home built in 1929. It last sold for $299,900 on Nov 28, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $461,900, with a rent estimate of $2,230/month.

Home Details for 550 E 5th Ave

Interior Features

Interior Details
BasementAtticNumber of Rooms: 8Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath, Mud Room, Office, Workshop, Sun RoomCeiling Fan
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Hardwood, Laminate
Appliances & Utilities
Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows
Security
Security System

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: BrickGardenLawnPatio
Parking & Garage
GarageParking Spaces: 3Parking: Garage Detached, Off Street, On Street

Property Information

Year Built
Year Built: 1929
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 1

Lot Information

Lot Area: 0.31 acres

Price and Tax history

DateEventPrice
Nov 28, 2016
Source: Columbus and Central Ohio Regional MLS #216035696
Sold
$299,900
Oct 1, 2016
Source: Agent Provided
PriceChange
$299,900
Price decreased by 9%
Apr 16, 2016
Source: Agent Provided
PriceChange
$329,900
Price decreased by 7%
Mar 20, 2016
Source: Agent Provided
Listed For Sale
$354,900
Sep 9, 2009
Source: N/A
Sold
$250,000

Market trends in Lancaster

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$257K
$18MoM
Sale-to-List Price
99.5%
0.5%MoM
Price per sq ft
$176
$4MoM
Available listings
189
10MoM

Around this home

What Locals Say about Lancaster

At least 236 Trulia users voted on each feature.

  • 84 % Say yards are well-kept

  • 84 % Say it's dog friendly

  • 83 % Say car is needed

  • 79 % Say parking is easy

  • 71 % Say there's holiday spirit

  • 66 % Say kids play outside

  • 66 % Say there are sidewalks

  • 59 % Say people would walk alone at night

  • 58 % Say neighbors are friendly

  • 58 % Say there's wildlife

  • 50 % Say it's quiet

  • 48 % Say streets are well-lit

  • 45 % Say they plan to stay for at least 5 years

  • 42 % Say it's walkable to grocery stores

  • 39 % Say it's walkable to restaurants

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Julie Tucker
    "Small town but has all lots of shopping and restaurants "
    0
    Flag
  • Julie Tucker
    "Slow traffic "
    0
    Flag
  • Jodie DeLong
    "Nice area, walking distance to downtown. Firehouse, post office, police station, awesome park beside the firehouse, Catholic community at the top of the hill. School & all"
    0
    Flag
  • Julie Tucker
    "Small town feel with big city options. Neighbors are friendly, very quiet neighborhood, lots of wildlife even being 5 minutes from everything. Easy access to Columbus and other larger cities "
    0
    Flag
  • Kristin Hunt
    "There are not a lot of families with kids in them. My kid has a hard time finding kids that live here all the time and don’t just visit. "
    0
    Flag
  • Doug Funkhouser
    "My commute is 34 miles mostly via the highway. It’s manageable and worth it to live here. Occasionally an accident can delay the commute but that can happen anywhere. "
    0
    Flag
  • Julie Tucker
    "In and around Lancaster is easy but must own personal vehicle. Commuting to Columbus can be tedious. Traffic on 33 very heavy during rush hour "
    3
    Flag
  • Julie Tucker
    "Quit neighborhood. Rural feeling with all the convenience of being in the city. Neighbors are friendly and watch out for each other "
    1
    Flag
  • Kris H.
    "About 35 minutes to downtown Columbus. There are several ways to get there but traffic is usually horrible"
    0
    Flag
  • Julie Tucker
    "Depending on time of day traffic can be heavy but it is manageable. Roads are always maintained and easy drive "
    1
    Flag
  • Barbara L.
    "Kind and friendly neighbors who look out for each other. Close to Talmadge elementary schools with bike trail to the school."
    5
    Flag
  • Jessica W.
    "I am near everything in my community. If I can't get to ut by walking or driving, the bus is on its first stop in my area and starts at 8am. This area isn't to bad but I would nit recommend my apartments to anyone. They are invested with drugs, bugs and and slum lords. But the houses and area around are very decent."
    7
    Flag
  • Heatherann740
    "I’ve lived in this area from birth until 19 or 20 I moved away for about 15 years maybe a few more growing up it was a safe area neighbors friendly could leave your door unlocked I would not really be able to say the same now as most of small town USA it has been taken over by drug pushers and users this area is known for methamphetamine use and manufacturing wish it was how I remember it growing up but I still wouldn’t say it’s the worst area it’s just not as wholesome as it once was"
    3
    Flag
  • Barbara L.
    "People drive, skateboarding and kids riding their bikes but it’s scary because the drivers go so fast it’s scary. More younger families are moving on my as my Street is going through these changes."
    2
    Flag
  • Carol F.
    "Great neighborhood to bring up kids or live single. Schools, grocery, churches. Lots going on downtown. "
    1
    Flag
  • Katherine H.
    "People complain too much about the barking of other dog owners. If you have a dog it will bark, if you don’t like it go live in the country. Dogs WILL bark. "
    3
    Flag
  • Swaylan10
    "Dog owners would not like the really ferocious breeds in Lancaster because they do not know boundaries and when not to chase after other animals"
    1
    Flag
  • Dshouldis56
    "Activities for the young and aged just about weekly. Yard sales, Christian Events, meals on the grounds, Weddings, private parties, craft shows, swimming, picnicking, "
    4
    Flag
  • Nicolewoodman162017
    "I wouldn’t say that it’s the worst place, but it’s definitely not the best either. Lancaster is becoming more populated and because of that, there are a lot more crimes."
    0
    Flag
  • Newgrandma00
    "The people are very friendly it’s a quiet neighborhood and very well taken care of. I like living here very much"
    0
    Flag
  • Nicolewoodman162017
    "Lancaster is becoming more of a city so if you’re coming from Columbus or another bigger city like that, hoping for a less hectic place to settle down; this is not the place for you."
    2
    Flag
  • Natalie C.
    "We have weekly downtown events. Tons of local shop and support. Local farms. Local produce. Amazing community spirit. "
    4
    Flag
  • Lancaster Resident.
    "usually not too bad, public transit is available, more uber and lyft drivers are needed but some are available."
    1
    Flag
  • John s
    "Beautiful historical town with good schools and community spirit. Also beautiful parks and fairground "
    2
    Flag
  • Mary s
    "I love this neighbor good its quite and we all watch out for each.the houses are kept up and its stays very clean we all mind our business "
    3
    Flag
  • Dibelleau777
    "Most do not pick up their dogs poo😞so sad it,s a beautiful place to live, just not a lot of respectful people, when it comes to this issue."
    0
    Flag
  • Ms. Mccoy
    "I've lived here 33 years of my life. Schools are great! My neighbors are kind and we watch out for one another. Overall little crime in the city."
    0
    Flag
  • Ms. Mccoy
    "I've lived here 33 years of my life. Schools are great! My neighbors are kind and we watch out for one another. Overall little crime in the city."
    0
    Flag
  • Zack J. B. II.
    "They would like the big open yards. Everyone out in my neighborhood has dogs. There is woods and a park close by."
    0
    Flag
  • Susan S.
    "Safe, no crime, friendly area, great place to raise children. New schools and good education. City departments quick to address any needs in development or city areas. "
    1
    Flag
  • Susan S.
    "This is a quiet peaceful neighborhood. Neighbor are helpful, will watch your house, mow your grass and assist in whatever you may need help with"
    1
    Flag
  • Alyssa S.
    "I hate that there is a lack of sidewalks in Lancaster... only in select areas and downtown. Most suburbs have no sidewalks so you have to walk in the road!"
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 550 E 5th Ave

  • What is 550 E 5th Ave estimated to be worth?
    Trulia's estimated value for 550 E 5th Ave in Lancaster, OH is $461,900.
  • What is the price history for 550 E 5th Ave?
    550 E 5th Ave in Lancaster, OH last sold for $299,900 in November 2016.
  • Is Lancaster a buyer's or seller's market?
    Lancaster is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Lancaster?
    The median sale price in Lancaster is $257K. That is down $18 from the prior month.
  • Does 550 E 5th Ave have air conditioning?
    Yes, 550 E 5th Ave in Lancaster, OH has air conditioning.
  • Does 550 E 5th Ave have laundry facilities?
    Yes, 550 E 5th Ave in Lancaster, OH has in-unit laundry.

Explore by feature - Pet Friendly

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Off Market Homes Near 550 E 5th Ave

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