Home prices
Lexington's median home price is $235,700. It is approximately $119,240 (102%) higher compared to its nearby areas.Compared to the US as a whole it is approximately $18,200 (8%) higher, and in comparison to the city of Roanoke is approximately $100,600 (74%) higher.
Rents
The median monthly rent in Lexington is $788. It is approximately $13 (1%) higher compared to its nearby areas.It is about $274 (25%) lower compared to the US as a whole, and compared to the city of Roanoke is roughly $26 (3%) lower.
Nearby places
East Lexington
East Lexington is Lexington's neighbor to the northeast. Its real estate prices are a little less expensive. The value of the median home in East Lexington is $188,600, which comes out to $47,100 (24%) lower than Lexington. Its rents are a little more expensive. East Lexington's median monthly rent is $888, which comes out to $100 (11%) higher than Lexington.
Buena Vista
Buena Vista is about 5 miles southeast of Lexington. Housing prices there are substantially less expensive. The price of the median home in Buena Vista is $126,600, which works out to $109,100 (86%) lower than Lexington. The rent there is pretty similar. The median rent in Buena Vista is $795 a month, which is very similar to Lexington.
Glasgow
Glasgow is about 10 miles south from Lexington. Real estate prices there are significantly less expensive. The median home in Glasgow costs $96,700, which comes out to $139,000 (143%) lower than Lexington. Rents there are pretty similar. Glasgow's median rent is $813 per month, which works out to $25 (3%) higher than Lexington.
Goshen
Goshen is approximately 14 miles north from Lexington. Housing prices there are a lot less expensive. The median home in Goshen costs $100,000, which comes out to $135,700 (135%) lower than Lexington. Its rents are significantly less expensive. The median monthly rent in Goshen is $540, which is $248 (45%) lower than Lexington.
Iron Gate
Iron Gate is about 16 miles west from Lexington. Its real estate prices are significantly less expensive. Iron Gate's median home cost is $70,400, which works out to $165,300 (234%) lower than Lexington. Rent there is somewhat more expensive. The median rent in Iron Gate is $838 per month, which works out to $50 (5%) higher than Lexington.