Lexington, NC Real Estate

According to census data in the year 2000 there were 8,642 housing units in Lexington. This represents a 15.4% growth from 7,486 in 1990.

Of those housing units, 8,267 were located in either urbanized areas or urban clusters, and 375 were located in what is classified as a rural area.

Homeownership rate in Lexington is about 50.4%. Lexington's vacancy rate, including seasonal lodging, is about 6.9%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Lexington were built after 1965.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom11.50%
Two Bedrooms40.90%
Three Bedrooms37.70%
Four Bedrooms7.10%
Five Bedrooms or more1.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1960
Median Value of occupied units$81,800
Median Price asked for vacant units$39,900

Rented Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1971
Median Monthly Rent asked for vacant units$349

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage4.80%
Home Equity Loan9.70%
Simple Mortgage38%
Debt Free46.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.2%