equestId":"b0efdf90-28ca-4b49-843b-c200e71c6a5c","resource":"content","data":[{"id":"txt_952d2f8242934c819d7134d46db9baea","text":"\n \nThe housing market in 27295 Lexington, NC is thriving. The median value of homes in this area is $242,700 which is significantly lower than the US median of $338,100. However, the one year appreciation rate for homes in this area is 16.52%, higher than the 8.27% growth rate for the US overall. This means that property values are increasing quickly and those looking to invest in a home or rent property can expect to benefit from this growth trend in 27295 Lexington, NC.
The median home cost in Lexington (zip 27295) is $242,700. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Lexington (zip 27295) is up 23.2%.
Average Age of Homes
- The median age of Lexington (zip 27295) real estate is 32 years old
The Rental Market in Lexington (zip 27295)
- Renters make up 22.7% of the Lexington (zip 27295) population
- 1.3% of houses and apartments in Lexington (zip 27295), 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.