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Lexington, OH Real Estate


According to census data in the year 2000 there were 1,688 housing units in Lexington. This represents a 11.3% growth from 1,516 in 1990.

Of those housing units, 1,602 were located in either urbanized areas or urban clusters, and 86 were located in what is classified as a rural area.

Homeownership rate in Lexington is about 74.5%. Lexington's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 2.56 people.

The majority of houses, apartments or condos in Lexington were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.60%
Two Bedrooms17.80%
Three Bedrooms51.20%
Four Bedrooms24.70%
Five Bedrooms or more1.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1969
Median Value of occupied units$112,200
Median Price asked for vacant units$275,000

Rented Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1971
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.20%
Home Equity Loan6.60%
Simple Mortgage53.60%
Debt Free29.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%