A typical Lexington home is worth about $416,000
Up 1.7% in a year, 39% above the Texas typical home.
What kind of housing town is Lexington?
Read from the numbers below. The page puts what stands out first.
A typical home costs 7.4 years of income
More than across Texas (3.8 years). Try your own numbers below.
That’s $199K short of a typical Lexington home.
A two-bedroom rents for about $1,140 a month here, $1,360 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lexington’s typical property tax (0.94% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,140
Renters already here pay a median of $1,148.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lee County, TX): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Up 18.2% in five years
Faster than Texas (11.1%).
Show as a table
| January | Lexington | Texas |
|---|---|---|
| 2017 | $213,000 | $190,000 |
| 2018 | $234,000 | $202,000 |
| 2019 | $256,000 | $214,000 |
| 2020 | $277,000 | $223,000 |
| 2021 | $309,000 | $242,000 |
| 2022 | $382,000 | $286,000 |
| 2023 | $387,000 | $313,000 |
| 2024 | $392,000 | $311,000 |
| 2025 | $407,000 | $311,000 |
| 2026 | $415,000 | $303,000 |
| August 2026 | $416,000 | $299,000 |
A typical Lexington home worth $207K in September 2016 is worth about $416K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
2 new homes permitted in 2025
Builders were permitted 2 new homes in Lexington in 2025, all single-family houses. That's 1.5 per 1,000 residents, slower than across Texas (8.1). Over the past 10 years, Lexington has permitted 42 homes in all.
Between the 2010 and 2020 censuses, Lexington gained 40 residents while 20 new homes were permitted: about 2 new residents per new home. Building and growth moved roughly in step. Across Texas: 2.6 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $190,000 |
| 2025 | 2 | 2 | 0 | $380,000 |
| 2024 | 4 | 2 | 2 | $580,000 |
| 2023 | 3 | 3 | 0 | $859,000 |
| 2022 | 2 | 2 | 0 | $512,000 |
| 2021 | 13 | 13 | 0 | $2.8 million |
| 2020 | 2 | 0 | 2 | $188,000 |
| 2019 | 9 | 7 | 2 | $1.1 million |
| 2018 | 3 | 3 | 0 | $570,000 |
| 2017 | 1 | 1 | 0 | $280,000 |
| 2016 | 3 | 3 | 0 | $613,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 1 | 1 | 0 | $75,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 3 | 3 | 0 | $320,000 |
| 2009 | 2 | 2 | 0 | $284,000 |
| 2008 | 2 | 2 | 0 | $259,000 |
| 2007 | 2 | 2 | 0 | $80,000 |
| 2006 | 2 | 2 | 0 | $100,000 |
| 2005 | 6 | 6 | 0 | $494,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 3 | 3 | 0 | $251,000 |
| 2002 | 10 | 10 | 0 | $686,000 |
Lexington's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
48% of Lexington households own their home
Half of Lexington’s homes were built before 1976.
Texas: 63% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Neighbors talk housing
What Lexington buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.