Lexington

Located in Richland County, this small Ohio community of roughly 4,866 residents carries a median home price of $449,900 and a price per square foot of $233, with the average listed home spanning 1,877 square feet. The local market is notably tight, with only three active listings currently available, which points to limited inventory for prospective buyers. A median household income of $56,068 and an owner-occupancy rate of 68.5 percent reflect a predominantly owner-driven housing base rather than a rental-heavy market. Families with children are served by Lexington Local School District, which can be a meaningful consideration for buyers evaluating the area. The combination of a relatively high median price alongside a modest income level suggests that affordability may be a factor for local buyers, and the low listing count could create competitive conditions when properties do come to market.

Market description generated from current MLS and U.S. Census data.