Lexington, MS—39095
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Lexington, MS
Home Price Trends — Lexington, MS
As of Oct '25, the median home price in Lexington, MS is $100,000, with a year-over-year change of 8.5%. This indicates that home prices in Lexington, MS are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $100,000 | 8.5% |
| Single Family | $100,000 | 8.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $70,000 | 11.1% |
3 Bed | $108,000 | 6.9% |
4 Bed | $153,000 | 8.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lexington, MS
Lexington, MS 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 |
% of Rental Stock
Property Listings — Lexington, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Lexington, MS is 147. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter 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 | $356,000 | 13.0% |
Listing Count | 9 | 40.0% |
| Listings as % of Homes | 0.1% | 40.0% |
Days on Market | 147 | -11.0% |
Demographics — Lexington, MS
As of the latest ACS Survey released in 2023, Lexington, MS has a population of 6,650, which has decreased by -7.9% over the past 5 years. Lexington, MS is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,650 | -7.9% |
% Under 18 | 20.3% | -25.9% |
% Seniors | 16.2% | 5.9% |
% WFH | 1.4% | 75.0% |
% w/ College Degree | 15.6% | 45.8% |
As of the latest ACS Survey released in 2023, Lexington, MS is a predominantly black area, with 80.1% of the population identifying as black. The black population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Lexington, MS is white, making up 14.6% of the population. Foreign-born residents account for 0.6% of the population in Lexington, MS, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 14.6% | -18.4% |
% Black | 80.1% | -1.2% |
% Hispanic | 0.2% | 0.0% |
% Asian | 0.4% | 300.0% |
% Foreign Born | 0.6% | ∞% |
Mortgage and Risk — Lexington, MS
According to HUD data as of 2023, there were 55 mortgage originations in Lexington, MS, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Lexington, MS. Investor activity is low, as 13.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 55 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 13.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Lexington, MS
Lexington, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 143 |
Total Units Section 8 | 130 |
% Rentals under Section 8 | 15.0% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Lexington, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $100,000 |
| Median Household Income | $36,800 |