Lexington, TX is an attractive housing market due to its median value of $376,500, which is significantly higher than the national median value of $338,100. Furthermore, Lexington has also experienced a much higher appreciation rate in house values over the past year of 16.22%, compared to the national rate of 8.27%. This suggests that Lexington is an excellent place to invest in real estate and homeowners will benefit from an increased value on their house purchases.
The median home cost in Lexington is $376,500. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Lexington is up 19.7%.
Average Age of Homes
- The median age of Lexington real estate is 39 years old
The Rental Market in Lexington
- Renters make up 30.5% of the Lexington population
- 1.9% 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.