Lexington, TN Real Estate

According to census data in the year 2000 there were 3,327 housing units in Lexington. This represents a 27.4% growth from 2,612 in 1990.

Of those housing units, 2,704 were located in either urbanized areas or urban clusters, and 623 were located in what is classified as a rural area.

Homeownership rate in Lexington is about 67.2%. Lexington's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Lexington were built after 1975.


Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom11.40%
Two Bedrooms29.30%
Three Bedrooms47.60%
Four Bedrooms9.80%
Five Bedrooms or more1.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1977
Median Value of occupied units$82,800
Median Price asked for vacant units$93,800

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1972
Median Monthly Rent asked for vacant units$343

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan5.60%
Simple Mortgage39.40%
Debt Free51.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%