Lexington township, MI is a great place to live and invest in real estate. The median house value in the area is currently $204,400, which is significantly lower than the US median house value of $338,100. Over the past year, the US median house has appreciated 8.27%, while Lexington township has experienced a slightly lower appreciation rate of 6.41%. This makes Lexington an attractive destination for those looking to buy or rent a home in Michigan. The current market in Lexington shows strong potential for future growth, making it an ideal choice for those interested in investing in real estate.
The median home cost in Lexington township is $204,400. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Lexington township is up 12.8%.
Average Age of Homes
- The median age of Lexington township real estate is 39 years old
The Rental Market in Lexington township
- Renters make up 10.1% of the Lexington township population
- 1.4% of houses and apartments in Lexington township, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.