Zip 27292 (Lexington, NC) Housing

The housing in 27292 Lexington, NC is very attractive. The median value of a house in this area is $198,000, which is significantly lower than the US median value of $338,100. Over the past year, the appreciation rate for houses in this area has been 16.52%, much higher than the US appreciation rate of 8.27%. This high appreciation rate makes this location an ideal investment opportunity for those looking to buy a house and capitalize on its potential growth over time.

The median home cost in Lexington (zip 27292) is $198,000. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Lexington (zip 27292) is up 23.2%.

Average Age of Homes

- The median age of Lexington (zip 27292) real estate is 37 years old

The Rental Market in Lexington (zip 27292)

- Renters make up 28.5% of the Lexington (zip 27292) population
- 1.6% of houses and apartments in Lexington (zip 27292), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lexington, North Carolina	United States
	19,262.0	139,647,020.0
	42	42
	$198,000	$338,100
	23.2%	16.6%
	69.5%	57.0%
	87.6%	101.1%
	$7.01	$10.98
	$1,051	$2,690
	56.0%	57.4%
	14.1%	11.2%
	29.9%	31.4%
Vacant Housing
	1.6%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.9%	0.4%
	5.2%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	4.7%	2.6%
	3.6%	2.4%
	6.5%	2.8%
	5.7%	3.9%
	9.4%	4.5%
	20.1%	11.3%
	18.6%	13.0%
	17.4%	20.1%
	5.5%	13.6%
	5.0%	8.3%
	2.7%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.5%	13.6%
	13.5%	13.6%
	13.7%	13.6%
	16.4%	13.2%
	19.1%	14.8%
	13.7%	13.6%
	12.9%	10.0%
	5.5%	4.7%
	4.9%	12.2%

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