The housing market in Lexington, OH is relatively strong with a median value of $199,300. This figure is significantly lower than the nationwide median value of $338,100 and reflects the cost of living in this area. In the past year, homes have appreciated by 5.76%, lower than the national average of 8.27%. Despite this lower rate of appreciation, Lexington's housing market remains promising for potential homeowners and investors alike.
The median home cost in Lexington is $199,300. Home appreciation the last 10 years has been 89.7%. Home Appreciation in Lexington is up 18.1%.
Average Age of Homes
- The median age of Lexington real estate is 46 years old
The Rental Market in Lexington
- Renters make up 30.9% of the Lexington population
- 0.0% of houses and apartments in Lexington, 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.