New Lexington, OH is an attractive neighborhood for those looking to purchase a home. The median value for housing in the area is $148,500, far lower than the US median of $338,100. Furthermore, the one year appreciation rate for housing in New Lexington is 12.77%, significantly higher than the national average of 8.27%. This makes New Lexington an excellent choice for those looking to invest in real estate.
The median home cost in New Lexington is $148,500. Home appreciation the last 10 years has been 79.6%. Home Appreciation in New Lexington is up 14.0%.
Average Age of Homes
- The median age of New Lexington real estate is 61 years old
The Rental Market in New Lexington
- Renters make up 45.0% of the New Lexington population
- 0.0% of houses and apartments in New 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.