Home prices
The median home price in Lexington is $889,700. It is roughly $186,520 (26%) higher compared to other places in this area.In comparison to the rest of the nation it is about $672,200 (309%) higher, and it is roughly $357,000 (67%) higher in comparison to the city of Boston.
Rents
The median rent in Lexington is $2,475 a month. It is approximately $611 (32%) higher in comparison to its surrounding areas.In comparison to the United States as a whole it is about $1,413 (133%) higher, and in comparison to the city of Boston is roughly $855 (52%) higher.
Nearby places
Arlington
Arlington is Lexington's neighbor to the southeast. Real estate prices there are significantly less expensive. The median home price in Arlington is $642,200, which comes out to $247,500 (38%) lower than Lexington. The rent there is substantially less expensive. Arlington's median rent is $1,730 per month, which comes out to $745 (43%) lower than Lexington.
Winchester
Winchester is Lexington's neighbor to the east. Its real estate prices are somewhat more expensive. The cost of the median home in Winchester is $943,800, which works out to $54,100 (5%) higher than Lexington. Its rents are a little less expensive. The median monthly rent in Winchester is $1,900, which comes out to $575 (30%) lower than Lexington.
Waltham
Waltham is Lexington's neighbor to the south. Its real estate prices are significantly less expensive. The median home in Waltham costs $536,500, which is $353,200 (65%) lower than Lexington. Rent there is a lot less expensive. In Waltham the median monthly rent is $1,726, which works out to $749 (43%) lower than Lexington.
Burlington
Burlington is Lexington's neighbor to the north. Real estate prices there are a lot less expensive. The median home cost in Burlington is $533,800, which is $355,900 (66%) lower than Lexington. Rents there are a bit less expensive. In Burlington the median rent is $1,960 per month, which works out to $515 (26%) lower than Lexington.
Belmont
Belmont is Lexington's neighbor to the southeast. The real estate prices there are similar. The median home cost in Belmont is $859,600, which works out to $30,100 (3%) lower than Lexington. Rents there are a bit less expensive. Belmont's median rent is $2,002 a month, which is $473 (23%) lower than Lexington.