The housing market in Lexington, SC (29073) is booming. Median value for a house in the area stands at $235,200, nearly $100,000 lower than the US median of $338,100. However, that gap has been closing quickly with an impressive 1-year appreciation rate of 18.53%, more than double the national average of 8.27%. This makes it an ideal time to buy or sell a home in Lexington, as prices are likely to continue rising in the near future.
The median home cost in Lexington (zip 29073) is $235,200. Home appreciation the last 10 years has been 81.3%. Home Appreciation in Lexington (zip 29073) is up 22.5%.
Average Age of Homes
- The median age of Lexington (zip 29073) real estate is 22 years old
The Rental Market in Lexington (zip 29073)
- Renters make up 20.3% of the Lexington (zip 29073) population
- 0.7% of houses and apartments in Lexington (zip 29073), 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.