Housing in Lexington, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$349,671
Zillow Rent Index
$2,025
Lexington vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lexington is highlighted.
Median Home Value
71st%ilemost expensive$275,300show rank
Median Rent
54th%ilemost expensive rent$985show rank
Rent Burden
14th%ilehighest rent burden13.2%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$275,300
Median Rent
$985
Total Housing Units
2,644
Vacancy Rate
22.1%
Owner Occupied
51.7%
Renter Occupied
48.3%
Median Property Tax
$2,378
per year
Monthly Cost (w/ Mortgage)
$926
Housing Types
Single Family65.3%
Multi-Family34.7%
Mobile Home0.0%
The median home value in Lexington, VA is $275,300. According to Zillow, the home value index for Lexington is $349,671. Zillow's observed rent index is $2,025/month. About 51.7% of housing units are owner-occupied. The median year homes were built is 1957. There are 2,644 total housing units.