Lexington, IL Real Estate
According to census data in the year 2000 there were 804 housing units in Lexington.
This represents a 11.4% growth from 722 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 804 were located in what is classified as a rural area.
Homeownership rate in Lexington is about 83.6%.
Lexington's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Lexington were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 5.80% |
| Two Bedrooms | 25.40% |
| Three Bedrooms | 50.40% |
| Four Bedrooms | 15.70% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $100,100 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.74 |
| Median year structure was built | 1943 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 6.50% |
| Simple Mortgage | 55.90% |
| Debt Free | 29.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
