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Lexington, NC

Full City Profile · North Carolina · Davidson County County

2.6 /5.0
C+ Fair
19,691 Population 1,025/sq mi density
$41,775 Median Income $22,250 per capita
$158,100 Home Value $265,816 Zillow
$882 Median Rent 29.6% income on rent
59°F Avg Temperature 310 sunny days/yr
640 Violent Crime/100K 4,292 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$41,775 median income, 3.3% unemployment
A+
Affordability
4.6 / 5.0
$158,100 home value, $882/mo rent
F
Safety
1.0 / 5.0
640 violent crimes/100K (68% above avg)
C
Education
2.1 / 5.0
13.4% bachelor's degree or higher

Housing Overview

Median Home Value
$158,100
44% below
US avg: $281,900
Median Rent
$882/mo
24% below
US avg: $1,163/mo
Homeownership Rate
41.2%
37% below US avg (65.4%)
Total Housing Units
9,055
Median year built: 1970

Home Value by Source

Census Median
$158,100
Zillow (ZHVI)
$265,816
Median Sale Price
$207,490
Median List Price
$269,991
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

41.2%
Owner-Occupied
58.8%
Renter-Occupied
41%
59%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $882/mo · Zillow rent: $1,440/mo

Market Indicators (Redfin)

Median Days on Market
99 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
22
Price Drops
30.2%
of listings with price reduction
Price Per Sq Ft
$158
Active Inventory
86
homes for sale

Affordability & Housing Stock

Rent Burden
29.6%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
41.2%

Complete Housing Data

Home Values

Census Median Value$158,100
Zillow Home Value (ZHVI)$265,816
Median Sale Price$207,490
Median List Price$269,991
Price Per Sq Ft$158

Rent

Census Median Rent$882
Zillow Rent (ZORI)$1,440
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market99
Sale-to-List Ratio1.0%
Price Drops30.2%
Homes Sold22
Active Inventory86
Price Per Sq Ft$158

Ownership & Stock

Owner-Occupied41.2%
Renter-Occupied58.8%
Homeownership Rate41.2%
Total Housing Units9,055
Median Year Built1970
Rent Burden29.6%