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Lexington, OK Real Estate


According to census data in the year 2000 there were 834 housing units in Lexington. This represents a 11.3% growth from 749 in 1990.

Of those housing units, 809 were located in either urbanized areas or urban clusters, and 25 were located in what is classified as a rural area.

Homeownership rate in Lexington is about 70%. Lexington's vacancy rate, including seasonal lodging, is about 9.4%. Average household size is 2.6 people.

The majority of houses, apartments or condos in Lexington were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom7.20%
Two Bedrooms34.80%
Three Bedrooms51.90%
Four Bedrooms4.20%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1974
Median Value of occupied units$57,000
Median Price asked for vacant units$47,500

Rented Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1961
Median Monthly Rent asked for vacant units$263

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.60%
Home Equity Loan3.90%
Simple Mortgage41.80%
Debt Free50.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%