Zip 78947 (Lexington, TX) Housing

The housing market in Lexington, TX (78947) is rapidly growing. The median value of a home is currently $371,100, which is significantly higher than the US median value of $338,100. This means that real estate in this area is more expensive than average. Furthermore, the house appreciation rate for the past year is 16.22%, which is more than double the national one-year appreciation rate of 8.27%. As a result, property values are increasing quickly in Lexington and may continue to do so in the future.

The median home cost in Lexington (zip 78947) is $371,100. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Lexington (zip 78947) is up 19.7%.

Average Age of Homes

- The median age of Lexington (zip 78947) real estate is 28 years old

The Rental Market in Lexington (zip 78947)

- Renters make up 12.1% of the Lexington (zip 78947) population
- 0.5% of houses and apartments in Lexington (zip 78947), 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, Texas	United States
	2,111.0	139,647,020.0
	27	42
	$371,100	$338,100
	19.7%	16.6%
	63.7%	57.0%
	99.0%	101.1%
	$10.94	$10.98
	$2,459	$2,690
	70.2%	57.4%
	20.3%	11.2%
	9.5%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	1.7%	0.4%
	8.2%	3.6%
	9.7%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	2.5%	2.4%
	2.8%	2.8%
	3.8%	3.9%
	6.3%	4.5%
	12.2%	11.3%
	11.6%	13.0%
	28.5%	20.1%
	21.8%	13.6%
	2.2%	8.3%
	2.7%	9.7%
	0.9%	3.9%
	1.2%	2.2%
	2.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	21.1%	13.6%
	21.1%	13.6%
	22.5%	13.6%
	11.6%	13.2%
	7.6%	14.8%
	22.5%	13.6%
	6.1%	10.0%
	0.6%	4.7%
	7.2%	12.2%

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