Lexington, VA Real Estate
According to census data in the year 2000 there were 2,376 housing units in Lexington.
This represents a 2.8% growth from 2,311 in 1990.
Of those housing units, 2,376 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 55.2%.
Lexington's vacancy rate, including seasonal lodging, is about 6.1%.
Average household size is 2.06 people.
The majority of houses, apartments or condos in Lexington were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 16.80% |
| Two Bedrooms | 23.50% |
| Three Bedrooms | 33.10% |
| Four Bedrooms | 18.20% |
| Five Bedrooms or more | 7.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $131,900 |
| Median Price asked for vacant units | $26,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $372 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 9.20% |
| Simple Mortgage | 46.30% |
| Debt Free | 37.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
