Lexington, MA Real Estate
According to census data in the year 2000 there were 11,333 housing units in Lexington.
This represents a 4.5% growth from 10,841 in 1990.
Of those housing units, 11,333 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lexington is about 82.5%.
Lexington's vacancy rate, including seasonal lodging, is about 2%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Lexington were built after 1956.
|Housing Units by Size|
|Five Bedrooms or more||8.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.77|
|Median year structure was built||1955|
|Median Value of occupied units||$417,400|
|Median Price asked for vacant units||$270,400|
Rented Homes, Apartments and Condos
|Average Household Size||2.16|
|Median year structure was built||1969|
|Median Monthly Rent asked for vacant units||$1,199|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||10.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.1%|