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 Size

Housing Units by Size
Studio Type0.10%
One Bedroom5.90%
Two Bedrooms17%
Three Bedrooms39.20%
Four Bedrooms28.90%
Five Bedrooms or more8.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1955
Median Value of occupied units$417,400
Median Price asked for vacant units$270,400

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1969
Median Monthly Rent asked for vacant units$1,199

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6.10%
Home Equity Loan10.60%
Simple Mortgage50%
Debt Free33%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%