Lexington, AL Real Estate
According to census data in the year 2000 there were 395 housing units in Lexington.
This represents a 11.3% growth from 355 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 395 were located in what is classified as a rural area.
Homeownership rate in Lexington is about 76.2%.
Lexington's vacancy rate, including seasonal lodging, is about 8.6%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Lexington were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.80% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 53.20% |
| Four Bedrooms | 9.90% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $70,000 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.59 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $300 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 37.50% |
| Debt Free | 51% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15% |
