2024 Compare Cities Housing:
Lexington, MA vs Memphis, TN

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Highlights
- The median age of a home in Lexington is 8.8% older than the median age of a home in Memphis.
 Lexington, MAMemphis, TNUnited States
 Median Home Age575242
 Median Home Cost$1,322,600$148,300$338,100
 Home Appr. Last 12 months10.8%15.5%16.6%
 Home Appr. Last 5 yrs.29.5%61.3%57.0%
 Home Appr. Last 10 yrs.77.1%97.4%101.1%
 Property Tax Rate$11.4$14.8$11.0
 Homes Owned80.5%40.2%57.4%
 Housing Vacant2.8%14.0%11.2%
 Homes Rented16.7%45.8%31.4%
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 Avg Rent For Home Or Apartment
 Lexington, MAMemphis, TNUnited States
 Average Rent$4,550$1,380$1,840
 Studio Apartment$2,870$820$1,080
 1 Bedroom Home or Apartment$3,130$920$1,180
 2 Bedroom Home or Apartment$3,800$1,060$1,430
 3 Bedroom Home or Apartment$4,620$1,400$1,860
 4 Bedroom Home or Apartment$5,100$1,620$2,160
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 Vacant Housing
 Lexington, MAMemphis, TNUnited States
 Vacant For Rent0.2%4.0%1.9%
 Vacant Rented0.1%0.9%0.4%
 Vacant For Sale1.4%0.4%0.7%
 Vacant Sold0.1%0.2%0.4%
 Vacant Vacation0.0%0.3%3.6%
 Vacant Other0.9%8.1%4.1%
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 Owner-Occupied Housing Value
 Lexington, MAMemphis, TNUnited States
 Less Than $20,0000.7%2.9%2.6%
 $20,000 to $39,9990.0%5.2%2.4%
 $40,000 to $59,9990.3%10.3%2.8%
 $60,000 to $79,9990.0%14.3%3.9%
 $80,000 to $99,9990.0%12.3%4.5%
 $100,000 to $149,9990.4%16.3%11.3%
 $150,000 to $199,9990.0%11.9%13.0%
 $200,000 to $299,9991.0%12.7%20.1%
 $300,000 to $399,9991.8%5.6%13.6%
 $400,000 to $499,9993.3%3.1%8.3%
 $500,000 to $749,99917.6%2.7%9.7%
 $750,000 to $999,99927.0%1.4%3.9%
 $1,000,000 to $1,499,99931.2%0.8%2.2%
 $1,500,000 to $1,999,99910.2%0.2%0.8%
 $2,000,000 and over6.5%0.3%1.1%
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 Housing Units By Year Built
 Lexington, MAMemphis, TNUnited States
 2015 and Newer1.2%0.1%0.2%
 2010 to 201410.1%6.3%13.6%
 2000 to 200910.1%6.3%13.6%
 1990 to 19996.8%9.5%13.6%
 1980 to 19897.9%12.2%13.2%
 1970 to 19798.1%17.9%14.8%
 1960 to 19696.8%9.5%13.6%
 1950 to 195918.1%20.0%10.0%
 1940 to 19495.7%8.8%4.7%
 1939 or Earlier20.2%7.7%12.2%
Reviews for Lexington    0 Reviews

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Reviews for Memphis    148 Reviews

I was mugged my very first night in Memphis. They tried to take my iPhone. I was walking only a block from my house in a "safe" area, too.  More

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Memphis is a city with a history of civil rights, slavery , blues and rockn'roll music. It's a great place for a weekend getaway. This city has lots of great things to  More

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Over 4 years ago

Do you like being panhandled every 30 seconds? Love that cool ambiance of gangs? Are drugs your thing? Then you will love Memphis. Had good times here in the 90’s, the  More

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