Home / Select Cities  /  2024 Comparing Newark, DE vs. Lexington, KY

2024 Compare Cities Housing:
Newark, DE vs Lexington, KY

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Highlights
- The median age of a home in Newark is 11.4% older than the median age of a home in Lexington.

Housing
 Newark, DELexington, KYUnited States
 Median Home Age443942
 Median Home Cost$325,700$260,300$338,100
 Home Appr. Last 12 months14.0%16.4%16.6%
 Home Appr. Last 5 yrs.47.6%52.8%57.0%
 Home Appr. Last 10 yrs.64.3%81.5%101.1%
 Property Tax Rate$8.4$9.4$11.0
 Homes Owned45.6%50.1%57.4%
 Housing Vacant11.3%7.5%11.2%
 Homes Rented43.1%42.4%31.4%
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 Avg Rent For Home Or Apartment
 Newark, DELexington, KYUnited States
 Average Rent$1,790$1,510$1,840
 Studio Apartment$1,100$780$1,080
 1 Bedroom Home or Apartment$1,230$930$1,180
 2 Bedroom Home or Apartment$1,490$1,130$1,430
 3 Bedroom Home or Apartment$1,810$1,530$1,860
 4 Bedroom Home or Apartment$2,110$1,770$2,160
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 Vacant Housing
 Newark, DELexington, KYUnited States
 Vacant For Rent5.7%2.2%1.9%
 Vacant Rented0.7%0.5%0.4%
 Vacant For Sale0.9%0.4%0.7%
 Vacant Sold0.2%0.2%0.4%
 Vacant Vacation0.5%1.0%3.6%
 Vacant Other3.3%3.2%4.1%
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 Owner-Occupied Housing Value
 Newark, DELexington, KYUnited States
 Less Than $20,0000.4%1.4%2.6%
 $20,000 to $39,9990.3%0.7%2.4%
 $40,000 to $59,9990.2%1.0%2.8%
 $60,000 to $79,9990.1%2.0%3.9%
 $80,000 to $99,9992.3%3.8%4.5%
 $100,000 to $149,9995.0%16.7%11.3%
 $150,000 to $199,9999.3%19.3%13.0%
 $200,000 to $299,99939.5%25.2%20.1%
 $300,000 to $399,99926.6%14.5%13.6%
 $400,000 to $499,99912.2%6.4%8.3%
 $500,000 to $749,9993.1%5.7%9.7%
 $750,000 to $999,9990.2%2.0%3.9%
 $1,000,000 to $1,499,9990.3%0.6%2.2%
 $1,500,000 to $1,999,9990.0%0.2%0.8%
 $2,000,000 and over0.4%0.5%1.1%
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 Housing Units By Year Built
 Newark, DELexington, KYUnited States
 2015 and Newer0.1%0.2%0.2%
 2010 to 20149.9%14.2%13.6%
 2000 to 20099.9%14.2%13.6%
 1990 to 199915.3%16.5%13.6%
 1980 to 198911.0%13.2%13.2%
 1970 to 197916.5%15.2%14.8%
 1960 to 196915.3%16.5%13.6%
 1950 to 195910.3%8.9%10.0%
 1940 to 19493.8%2.9%4.7%
 1939 or Earlier4.6%7.1%12.2%

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Reviews for Newark    8 Reviews

Over 12 years ago

Generally, Delaware public schools are dreadful. Most people that can afford it choose to invest in their child or children by sending them anywhere but to a Delaware  More

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I have lived in Newark for 27 years. My great-grandmother owned the Windy Hills development when it was a farm, and my father even grew up in the same house that I did.  More

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I am thinking of moving to Newark, but wanted to know if commuting to Philly is possible, especially outside of 9-5 hours. I see PATCO runs to Newark, but I don't know  More

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Reviews for Lexington    62 Reviews

Lexington is a beautiful city. There are tons of tree lined streets and even trees in both sides of the city's only freeway. It's relatively small, which can be both  More

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Over 3 years ago

Very beautiful/underrated city!!  More

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I have lived here now for over five years, originally from the west coast and here is my top 10 for why you should NOT move here. #1 The Culture: They have none, it  More

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ZIPS IN NEWARK, DELAWARE
19711 19717 19716
ZIPS IN LEXINGTON, KENTUCKY
40509, 40517, 40515, 40511, 40503, 40504, 40502, 40508, 40505, 40514, 14 total

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