Lexington, MS Real Estate
According to census data in the year 2000 there were 790 housing units in Lexington.
This represents a 11% decline from 888 in 1990.
Of those housing units, 763 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.
Homeownership rate in Lexington is about 75.8%.
Lexington's vacancy rate, including seasonal lodging, is about 9.4%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Lexington were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 6.30% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 41.60% |
| Four Bedrooms | 16.80% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $51,200 |
| Median Price asked for vacant units | $33,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.36 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $300 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 0.90% |
| Simple Mortgage | 40.60% |
| Debt Free | 53.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
