Lexington, MN Real Estate
According to census data in the year 2000 there were 878 housing units in Lexington.
This represents a 0.5% growth from 874 in 1990.
Of those housing units, 878 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lexington is about 70.8%.
Lexington's vacancy rate, including seasonal lodging, is about 3.6%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Lexington were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.70% |
| One Bedroom | 9% |
| Two Bedrooms | 33.80% |
| Three Bedrooms | 37.60% |
| Four Bedrooms | 13.20% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $104,100 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $363 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 16% |
| Home Equity Loan | 9% |
| Simple Mortgage | 57.10% |
| Debt Free | 17% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
