Home prices
The median home value in Lexington is $104,200. This is about $6,740 (6%) lower in comparison to other places in this area.Compared to the US as a whole it is approximately $113,300 (52%) lower, and in comparison to the city of Charlotte it is about $116,100 (52%) lower.
Rents
In Lexington the median monthly rent is $704. Compared to nearby areas this is is very similar.Compared to the rest of the nation it is approximately $358 (33%) lower, and is about $431 (37%) lower compared to the city of Charlotte.
Nearby places
Tyro
Tyro is about 5 miles west from Lexington. The housing prices there are somewhat more expensive. Tyro's median home price is $126,200, which is $22,000 (17%) higher than Lexington. Rents there are somewhat more expensive. In Tyro the median monthly rent is $748, which comes out to $44 (5%) higher than Lexington.
Welcome
Welcome is roughly 7 miles north from Lexington. Housing prices there are a little more expensive. The median home price in Welcome is $133,700, which works out to $29,500 (22%) higher than Lexington. Its rents are somewhat less expensive. In Welcome the median monthly rent is $641, which is $63 (9%) lower than Lexington.
Spencer
Spencer is roughly 10 miles southwest of Lexington. Its housing prices are somewhat less expensive. Spencer's median home cost is $98,500, which works out to $5,700 (5%) lower than Lexington. Rents there are a little more expensive. In Spencer the median rent is $926 a month, which works out to $222 (23%) higher than Lexington.
Thomasville
Thomasville is approximately 10 miles northeast from Lexington. The housing prices there are a bit more expensive. Thomasville's median home cost is $116,800, which is $12,600 (10%) higher than Lexington. Its rents are fairly similar. The median rent in Thomasville is $693 per month, which comes out to $11 (1%) lower than Lexington.
East Spencer
East Spencer is approximately 11 miles southwest of Lexington. Its housing prices are somewhat less expensive. The median home in East Spencer is valued at $79,500, which comes out to $24,700 (31%) lower than Lexington. The rent there is significantly less expensive. The median rent in East Spencer is $507 per month, which is $197 (38%) lower than Lexington.