The housing market in Lexington, NY is a strong and attractive one. The median value of a house here is $390,200 - significantly higher than the US median value of $338,100. The US has seen an appreciation of 8.27% in the last year for housing prices, but Lexington has topped that with an appreciation rate of 14.80%. This makes Lexington a great option for potential buyers or investors looking to purchase property in the area.
The median home cost in Lexington is $390,200. Home appreciation the last 10 years has been 109.3%. Home Appreciation in Lexington is up 24.5%.
Average Age of Homes
- The median age of Lexington real estate is 43 years old
The Rental Market in Lexington
- Renters make up 4.4% 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.