The housing market in Lexington, SC County is thriving due to its median value of $234,700, which is significantly lower than the US median house value of $338,100. It is also seen from the 1 year appreciation rate of 15.53%, which surpasses the 8.27% appreciation rate for US houses. This makes Lexington a desirable place for investments and potential home buyers alike. The low median price combined with an impressive appraisal rate presents a unique opportunity for buyers looking to get more bang for their buck in terms of residential properties.
The median home cost in Lexington County is $234,700. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Lexington County is up 22.0%.
Average Age of Homes
- The median age of Lexington County real estate is 28 years old
The Rental Market in Lexington County
- Renters make up 23.7% of the Lexington County population
- 1.0% of houses and apartments in Lexington County, 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.