Housing in Lexington, SC is very attractive due to its high median value of $264,300 and even higher 1 year house appreciation of 18.53%. This exceeds the national median value of $338,100 and the national 1 year house appreciation rate of 8.27%. It is no surprise that Lexington, SC is a popular place to purchase or rent a home for those looking for a good deal. With lower prices than other areas and higher appreciation rates, buying or renting here can be an excellent financial decision.
The median home cost in Lexington is $264,300. Home appreciation the last 10 years has been 81.3%. Home Appreciation in Lexington is up 22.5%.
Average Age of Homes
- The median age of Lexington real estate is 18 years old
The Rental Market in Lexington
- Renters make up 36.1% of the Lexington population
- 1.7% 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.