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Lexington, Fayette Metro Area Housing

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As of 2010-2014, median price of a house in Lexington, Fayette Area is $163,000, which is higher than the state average of $121,600 and is lower than the national average of $175,700. The median year that a house in Lexington, Fayette Area was built is 1981, which is newer than the median year for a house built in the state which is 1978 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 113,544 Owner Occupied Houses in Lexington, Fayette Area, #223

Lexington, Fayette Area	163,000 USD
Kentucky	121,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Lexington, Fayette Area	5.98%
Kentucky	40.25%
U.S.	46.91%

*The Lexington, Fayette Area median house price growth rate is since 2005-2009. The Kentucky and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Lexington, Fayette Area	Kentucky	U.S.
Total Housing Units	212,020, see rank, 100%	1,938,836	132,741,033
Occupied Housing Units	192,393, 90.74%, see rank	87.80%	87.55%
Owner Occupied	113,544, 53.55%, see rank	59.42%	56.34%
Renter Occupied	78,849, 37.19%, see rank	28.38%	31.21%
Vacant Housing Units	19,627, 9.26%, see rank	12.20%	12.45%
For Rent	4,553, 2.15%, see rank	2.04%	2.34%
For Sale Only	2,392, 1.13%, see rank	1.33%	1.20%
Rented or Sold, Not Occupied	1,789, 0.84%, see rank	1.59%	0.92%
For Seasonal, Recreational, or Occasional Use	1,743, 0.82%, see rank	2.24%	3.97%
For Migrant Workers	6, 0.00%, see rank	0.03%	0.03%
Other Vacant	9,144, 4.31%, see rank	4.97%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #216

Lexington, Fayette Area	Kentucky	U.S.
1981	1978	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Lexington, Fayette Area	%	Kentucky	U.S.
Owner-Occupied Units	113,544	100%	1,152,012	74,787,460
With a Mortgage	81,732	71.98%, see rank	60.42%	65.58%
Without a Mortgage	31,812	28.02%, see rank	39.58%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Lexington, Fayette Area	1,269 USD
Kentucky	1,124 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Lexington, Fayette Area	%	Kentucky	U.S.
$299 or Less	229	0.28%, see rank	0.45%	0.20%
$300 to $499	2,040	2.50%, see rank	4.00%	1.59%
$500 to $699	4,351	5.32%, see rank	10.65%	5.01%
$700 to $999	16,561	20.26%, see rank	24.79%	14.32%
$1,000 to $1,499	30,610	37.45%, see rank	34.58%	27.90%
$1,500 to $1,999	14,942	18.28%, see rank	14.86%	20.35%
$2,000 to $2,999	9,074	11.10%, see rank	8.07%	19.52%
$3,000 or More	3,925	4.80%, see rank	2.60%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lexington, Fayette Area	20.60% of the Total Income
Kentucky	21.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lexington, Fayette Area	%	Kentucky	U.S.
10% or Less	6,571	8.04%, see rank	7.42%	5.86%
10% to 20%	32,480	39.74%, see rank	38.63%	31.95%
20% to 30%	22,914	28.04%, see rank	26.40%	27.64%
30% to 40%	9,140	11.18%, see rank	11.52%	13.74%
40% or More	10,300	12.60%, see rank	15.53%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Lexington, Fayette Area	398 USD
Kentucky	336 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Lexington, Fayette Area	%	Kentucky	U.S.
$199 or Less	2,083	6.55%, see rank	15.39%	7.76%
$200 to $299	5,878	18.48%, see rank	25.19%	14.70%
$300 to $499	14,946	46.98%, see rank	40.30%	34.63%
$500 to $699	5,841	18.36%, see rank	13.29%	21.16%
$700 or More	3,064	9.63%, see rank	5.82%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lexington, Fayette Area	10.00% of the Total Income
Kentucky	10.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lexington, Fayette Area	%	Kentucky	U.S.
10% or Less	16,059	50.48%, see rank	45.97%	40.19%
10% to 20%	9,421	29.61%, see rank	30.79%	31.47%
20% to 30%	2,922	9.19%, see rank	10.69%	12.24%
30% to 40%	1,143	3.59%, see rank	4.50%	5.64%
40% or More	1,928	6.06%, see rank	6.79%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Lexington, Fayette Area	Kentucky	U.S.
Total Housing Units	212,020, 100%	1,938,836	132,741,033
1-unit, Detached	138,053, 65.11%, see rank	67.21%	61.65%
1-unit, Attached	9,785, 4.62%, see rank	2.45%	5.82%
2 Units	9,976, 4.71%, see rank	3.05%	3.75%
3 or 4 Units	8,715, 4.11%, see rank	4.01%	4.43%
5 to 9 Units	12,581, 5.93%, see rank	4.66%	4.78%
10 or More Units	26,688, 12.59%, see rank	6.39%	13.08%
Mobile Home, Boat, RV, Van, etc.	6,222, 2.93%, see rank	12.23%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Lexington, Fayette Area	Kentucky	U.S.
Total Housing Units	212,020, 100%	1,938,836	132,741,033
1 Room	3,723, 1.76%, see rank	1.31%	1.95%
2 Rooms	4,514, 2.13%, see rank	1.58%	2.48%
3 Rooms	18,036, 8.51%, see rank	6.92%	9.13%
4 Rooms	34,156, 16.11%, see rank	16.56%	16.60%
5 Rooms	44,689, 21.08%, see rank	22.96%	20.41%
6 Rooms	35,757, 16.86%, see rank	19.01%	18.06%
7 Rooms	24,253, 11.44%, see rank	12.52%	12.27%
8 Rooms	18,948, 8.94%, see rank	8.32%	8.48%
9 Rooms or More	27,944, 13.18%, see rank	10.81%	10.60%
Median Rooms	5.50, see rank	5.50	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Lexington, Fayette Area	Kentucky	U.S.
Total Housing Units	212,020, 100%	1,938,836	132,741,033
No Bedroom	4,093, 1.93%, see rank	1.42%	2.17%
1 Bedroom	22,318, 10.53%, see rank	8.44%	11.16%
2 Bedrooms	51,140, 24.12%, see rank	27.38%	26.69%
3 Bedrooms	87,361, 41.20%, see rank	44.95%	39.70%
4 Bedrooms	37,821, 17.84%, see rank	14.32%	16.05%
5 or More Bedrooms	9,287, 4.38%, see rank	3.49%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Lexington, Fayette Area	Kentucky	U.S.
Total Housing Units	192,393, 100%	1,702,235	116,211,092
Utility Gas	78,704, 40.91%, see rank	38.22%	48.85%
Bottled, Tank, or LP Gas	4,666, 2.43%, see rank	6.49%	4.86%
Electricity	106,103, 55.15%, see rank	50.50%	36.68%
Fuel Oil, Kerosene, etc.	618, 0.32%, see rank	1.03%	5.86%
Coal or Coke	52, 0.03%, see rank	0.25%	0.12%
Wood	1,557, 0.81%, see rank	2.95%	2.12%
Solar Energy	49, 0.03%, see rank	0.02%	0.05%
Other Fuel	263, 0.14%, see rank	0.30%	0.47%
No Fuel Used	381, 0.20%, see rank	0.24%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Lexington, Fayette Area	Kentucky	U.S.
Occupied Units Paying Rent	73,696, 100%	496,536	39,201,928
$199 or Less	1,731, 2.35%, see rank	3.01%	1.50%
$200 to $299	2,938, 3.99%, see rank	5.28%	3.18%
$300 to $499	7,257, 9.85%, see rank	15.95%	7.37%
$500 to $699	20,111, 27.29%, see rank	30.85%	16.01%
$700 to $999	25,143, 34.12%, see rank	29.97%	29.17%
$1,000 to $1,499	13,123, 17.81%, see rank	12.25%	26.88%
$1,500 to $1,999	2,113, 2.87%, see rank	1.85%	9.79%
$2,000 or More	1,280, 1.74%, see rank	0.83%	6.10%
Median	$749, see rank	$667	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Lexington, Fayette Area	Kentucky	U.S.
Occupied Housing Units	192,393, 100%	1,702,235	116,211,092
No Vehicles Available	15,107, 7.85%, see rank	7.85%	9.12%
1 Vehicles Available	66,633, 34.63%, see rank	33.49%	33.80%
2 Vehicles Available	76,080, 39.54%, see rank	38.04%	37.48%
3 or More Vehicles Available	34,573, 17.97%, see rank	20.62%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.