Home Values

Lexington Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$107,700

  • 19.1% 1-year change
  • None 1-year forecast

The median home value in Lexington is $107,700. Lexington home values have gone up 19.1% over the past year. The median list price per square foot in Lexington is None. The median rent price in Lexington is $775.

Foreclosures will be a factor impacting home values in the next several years. In Lexington 1.5 homes are foreclosed (per 10,000). This is lower than the national value of 3.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lexington is 3.8%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Lexington homeowners underwater on their mortgage is 15.9%.

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Relative ZHVI
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Lexington Market Overview

Data through Mar 31, 2015
  • $107,700 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $110,500 Median sale price
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Lexington Market Health

Data through Mar 31, 2015
  • 7.2/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 15.9% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 3.8% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1.5 homes Lexington
3 homes United States
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Nearby Cities

Name Median ZHVI
Bermuda Run $218,300
Clemmons $182,700
Wallburg $131,800
Name Median ZHVI
Salisbury $122,000
Trinity $110,500
Denton $89,000
Name Median ZHVI
Thomasville $83,000
Linwood $81,100
Spencer $76,800

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $83 Median sale price / sq ft
  • No data Listings with price cut
19.7%
Sold below listing
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Lexington Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $881 Lexington
    $900 Thomasville Metro
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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