Lexington, OH Real Estate
According to census data in the year 2000 there were 1,688 housing units in Lexington.
This represents a 11.3% growth from 1,516 in 1990.
Of those housing units, 1,602 were located in either urbanized areas or urban clusters, and 86 were located in what is classified as a rural area.
Homeownership rate in Lexington is about 74.5%.
Lexington's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Lexington were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.60% |
| Two Bedrooms | 17.80% |
| Three Bedrooms | 51.20% |
| Four Bedrooms | 24.70% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $112,200 |
| Median Price asked for vacant units | $275,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.20% |
| Home Equity Loan | 6.60% |
| Simple Mortgage | 53.60% |
| Debt Free | 29.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
