Price now: $154,900
Price at last sale: $379,000 in 2006
Bedrooms: 5
Baths: 3
Lancaster, Calif. was a fast-growing part of Los Angeles County, but then it got hit hard by the housing bust. Last year, the neighborhood claimed the number six spot on RealtyTrac's list of foreclosure hot spots.
As a result, home prices in Lancaster have dropped more steeply -- by about 60% -- than they have closer to the coast. At an asking price of $154,900, this home has seen an even more dramatic decline. At the market peak in mid-2007, the home was worth more than $540,000, according to Zillow.
Sitting on a quarter-acre plot, this home has a bedroom and bath downstairs and four more bedrooms on the second floor. Features include a kitchen with a breakfast bar, a family room with a fireplace and a backyard with a patio.
For more information: Trulia NEXT
