The housing market in Lexington, OR is doing remarkably well compared with the national average. The median value of a house in Lexington stands at $167,100, which is substantially lower than the US median value of $338,100. In addition, over the past year, Lexington homes have appreciated by 12.74%, nearly 4% higher than the US average of 8.27%. This makes it an attractive option for potential home buyers who are looking for houses that offer great value for money.
The median home cost in Lexington is $167,100. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Lexington is up 15.2%.
Average Age of Homes
- The median age of Lexington real estate is 78 years old
The Rental Market in Lexington
- Renters make up 4.5% 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.