Lexington, OH
Full City Profile · Ohio · Richland County County
3.5
/5.0
B+
Good
4,866
Population
1,196/sq mi density
$56,068
Median Income
$28,741 per capita
$183,500
Home Value
$237,075 Zillow
$756
Median Rent
17.6% income on rent
50°F
Avg Temperature
275 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$56,068 median income, 4.3% unemployment
A+
Affordability
4.8 / 5.0
$183,500 home value, $756/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.0 / 5.0
25.0% bachelor's degree or higher
Housing Overview
Median Home Value
$183,500
35% below
US avg: $281,900
Median Rent
$756/mo
35% below
US avg: $1,163/mo
Homeownership Rate
68.5%
5% above US avg (65.4%)
Total Housing Units
2,048
Median year built: 1973
Home Value by Source
Census Median
$183,500
Zillow (ZHVI)
$237,075
Median Sale Price
$240,000
Median List Price
$209,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.5%
Owner-Occupied
31.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent:
$756/mo
Market Indicators (Redfin)
Median Days on Market
70 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
53.9%
of listings with price reduction
Price Per Sq Ft
$182
Active Inventory
13
homes for sale
Affordability & Housing Stock
Rent Burden
17.6%
of renters spending 30%+ of income on housing
43% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
68.5%
Complete Housing Data
Home Values
| Census Median Value | $183,500 |
| Zillow Home Value (ZHVI) | $237,075 |
| Median Sale Price | $240,000 |
| Median List Price | $209,000 |
| Price Per Sq Ft | $182 |
Rent
| Census Median Rent | $756 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
| Days on Market | 70 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 53.9% |
| Homes Sold | 3 |
| Active Inventory | 13 |
| Price Per Sq Ft | $182 |
Ownership & Stock
| Owner-Occupied | 68.5% |
| Renter-Occupied | 31.5% |
| Homeownership Rate | 68.5% |
| Total Housing Units | 2,048 |
| Median Year Built | 1973 |
| Rent Burden | 17.6% |
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