Lexington, AL 35648 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lexington, AL—35648

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$203,000

2.1% YoY Growth

Household Income

$71,600

43.2% YoY Growth

Days on Market

68.0% Longer YoY

Home Price Forecast

2.6%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Lexington, AL

As of Dec '25, the median home price in Lexington, AL is $203,000, with a year-over-year change of -2.1%. This indicates that home prices in Lexington, AL are decreasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$203,000	-2.1%
Single Family	$203,000	-1.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lexington, AL

Lexington, AL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.0%

1 Bedroom

19.8%

2 Bedrooms

40.6%

3 Bedrooms

38.6%

Property Listings — Lexington, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Lexington, AL is 68. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$245,000	22.0%
Listing Count	9	55.0%
Listings as % of Homes	0.3%	55.0%
Days on Market	86	68.0%

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Demographics — Lexington, AL

As of the latest ACS Survey released in 2023, Lexington, AL has a population of 3,620, which has increased by 11.4% over the past 5 years. Lexington, AL is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,620	11.4%
% Under 18	24.7%	7.9%
% Seniors	18.7%	12.7%
% WFH	2.7%	200.0%
% w/ College Degree	19.5%	12.7%

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As of the latest ACS Survey released in 2023, Lexington, AL is a predominantly white area, with 96.2% of the population identifying as white. The white population has grown by 2.1% in the last 5 years. The second most common race or ethnicity in Lexington, AL is hispanic, making up 2.1% of the population. Foreign-born residents account for 0.3% of the population in Lexington, AL, and this percentage has decreased by 62.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	96.2%	2.1%
% Black	0.0%	-100.0%
% Hispanic	2.1%	425.0%
% Asian	0.0%	-100.0%
% Foreign Born	0.3%	-62.5%

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Mortgage and Risk — Lexington, AL

According to HUD data as of 2023, there were 102 mortgage originations in Lexington, AL, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Lexington, AL. Investor activity is low, as 2.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	102
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	2.0%
% Second Loans	2.0%
% Cash Out Refinance	25.0%

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Rentals and Section 8 — Lexington, AL

Lexington, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	12
Total Units Section 8	12
% Rentals under Section 8	3.6%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$650
2 Bedroom	N/A	N/A	$850
3 Bedroom	N/A	N/A	$1,050
4 Bedroom	N/A	N/A	$1,290

Lexington, AL—35648

Key Metrics at a Glance

Home Price Trends — Lexington, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lexington, AL

% of Rental Stock

Property Listings — Lexington, AL

Demographics — Lexington, AL

Race and Ethnicity

Mortgage and Risk — Lexington, AL

Mortgages

Rentals and Section 8 — Lexington, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lexington, AL

Home Price to Income Ratio

Lexington, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Five Points, TN

Loretto, TN

Saint Joseph, TN

Killen, AL

Rogersville, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$203,000
Median Household Income	$71,600

Lexington, AL—35648

Key Metrics at a Glance

Home Price Trends — Lexington, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lexington, AL

% of Rental Stock

Property Listings — Lexington, AL

Demographics — Lexington, AL

Race and Ethnicity

Mortgage and Risk — Lexington, AL

Mortgages

Rentals and Section 8 — Lexington, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lexington, AL

Home Price to Income Ratio

Lexington, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Five Points, TN

Loretto, TN

Saint Joseph, TN

Killen, AL

Rogersville, AL

Frequently Asked Questions

What is the average home price in Lexington, AL 35648?

How have home prices in Lexington, AL 35648 changed over the past year?

What is the home price projection for Lexington, AL 35648?

What are the demographics of Lexington, AL 35648?

How long does it take homes to sell in Lexington, AL 35648?

What is the average rent price in Lexington, AL 35648?