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Lexington-Fayette, KY Housing

 
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As of 2010-2014, median price of a house in Lexington-Fayette is $166,000, which is higher than the state average of $121,600 and is lower than the national average of $175,700. The Lexington-Fayette median house value has grown by 49.82% since 2000. The growth rate for the price of a house in Lexington-Fayette is higher than the state average rate of 40.25% and is higher than the national average rate of 46.91%. The median year that a house in Lexington-Fayette was built is 1980, 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 ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 68,100 Owner Occupied Houses in Lexington-Fayette, KY, #89
Lexington-Fayette, KY
166,000 USD
Kentucky
121,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #101
Lexington-Fayette, KY
49.82%
Kentucky
40.25%
U.S.
46.91%
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, KYKentuckyU.S.
Total Housing Units136,989, see rank, 100%1,938,836132,741,033
Occupied Housing Units124,101, 90.59%, see rank87.80%87.55%
Owner Occupied68,100, 49.71%, see rank59.42%56.34%
Renter Occupied56,001, 40.88%, see rank28.38%31.21%
Vacant Housing Units12,888, 9.41%, see rank12.20%12.45%
For Rent3,383, 2.47%, see rank2.04%2.34%
For Sale Only1,504, 1.10%, see rank1.33%1.20%
Rented or Sold, Not Occupied1,445, 1.05%, see rank1.59%0.92%
For Seasonal, Recreational, or Occasional Use1,178, 0.86%, see rank2.24%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant5,378, 3.93%, see rank4.97%4.00%

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

Year Structure Built

Median Built Year, #91
Lexington-Fayette, KYKentuckyU.S.
198019781976

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, KY%KentuckyU.S.
Owner-Occupied Units68,100100%1,152,01274,787,460
With a Mortgage49,50772.70%, see rank60.42%65.58%
Without a Mortgage18,59327.30%, see rank39.58%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, KY
1,292 USD
Kentucky
1,124 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLexington-Fayette, KY%KentuckyU.S.
$299 or Less1100.22%, see rank0.45%0.20%
$300 to $4991,1622.35%, see rank4.00%1.59%
$500 to $6992,3794.81%, see rank10.65%5.01%
$700 to $9999,55619.30%, see rank24.79%14.32%
$1,000 to $1,49918,48437.34%, see rank34.58%27.90%
$1,500 to $1,9999,60419.40%, see rank14.86%20.35%
$2,000 to $2,9995,64011.39%, see rank8.07%19.52%
$3,000 or More2,5725.20%, see rank2.60%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lexington-Fayette, KY
20.30% 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, KY%KentuckyU.S.
10% or Less4,0878.26%, see rank7.42%5.86%
10% to 20%20,03040.46%, see rank38.63%31.95%
20% to 30%13,87228.02%, see rank26.40%27.64%
30% to 40%5,36310.83%, see rank11.52%13.74%
40% or More5,97612.07%, see rank15.53%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, KY
408 USD
Kentucky
336 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLexington-Fayette, KY%KentuckyU.S.
$199 or Less8524.58%, see rank15.39%7.76%
$200 to $2993,32617.89%, see rank25.19%14.70%
$300 to $4998,98548.32%, see rank40.30%34.63%
$500 to $6993,59919.36%, see rank13.29%21.16%
$700 or More1,8319.85%, see rank5.82%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lexington-Fayette, KY
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, KY%KentuckyU.S.
10% or Less9,59051.58%, see rank45.97%40.19%
10% to 20%5,21628.05%, see rank30.79%31.47%
20% to 30%1,7449.38%, see rank10.69%12.24%
30% to 40%6093.28%, see rank4.50%5.64%
40% or More1,1936.42%, see rank6.79%9.16%

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

Units in Structure

 Lexington-Fayette, KYKentuckyU.S.
Total Housing Units136,989, 100%1,938,836132,741,033
1-unit, Detached82,841, 60.47%, see rank67.21%61.65%
1-unit, Attached6,571, 4.80%, see rank2.45%5.82%
2 Units6,092, 4.45%, see rank3.05%3.75%
3 or 4 Units6,153, 4.49%, see rank4.01%4.43%
5 to 9 Units9,596, 7.00%, see rank4.66%4.78%
10 or More Units24,238, 17.69%, see rank6.39%13.08%
Mobile Home, Boat, RV, Van, etc.1,498, 1.09%, see rank12.23%6.49%

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

Rooms

 Lexington-Fayette, KYKentuckyU.S.
Total Housing Units136,989, 100%1,938,836132,741,033
1 Room3,020, 2.20%, see rank1.31%1.95%
2 Rooms3,912, 2.86%, see rank1.58%2.48%
3 Rooms14,735, 10.76%, see rank6.92%9.13%
4 Rooms23,001, 16.79%, see rank16.56%16.60%
5 Rooms26,412, 19.28%, see rank22.96%20.41%
6 Rooms22,224, 16.22%, see rank19.01%18.06%
7 Rooms14,744, 10.76%, see rank12.52%12.27%
8 Rooms11,750, 8.58%, see rank8.32%8.48%
9 Rooms or More17,191, 12.55%, see rank10.81%10.60%
Median Rooms5.40, see rank5.505.50

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

Bedrooms

 Lexington-Fayette, KYKentuckyU.S.
Total Housing Units136,989, 100%1,938,836132,741,033
No Bedroom3,338, 2.44%, see rank1.42%2.17%
1 Bedroom18,498, 13.50%, see rank8.44%11.16%
2 Bedrooms33,995, 24.82%, see rank27.38%26.69%
3 Bedrooms50,788, 37.07%, see rank44.95%39.70%
4 Bedrooms24,760, 18.07%, see rank14.32%16.05%
5 or More Bedrooms5,610, 4.10%, see rank3.49%4.22%

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

House Heating Fuel

 Lexington-Fayette, KYKentuckyU.S.
Total Housing Units124,101, 100%1,702,235116,211,092
Utility Gas56,421, 45.46%, see rank38.22%48.85%
Bottled, Tank, or LP Gas805, 0.65%, see rank6.49%4.86%
Electricity66,024, 53.20%, see rank50.50%36.68%
Fuel Oil, Kerosene, etc.189, 0.15%, see rank1.03%5.86%
Coal or Coke23, 0.02%, see rank0.25%0.12%
Wood266, 0.21%, see rank2.95%2.12%
Solar Energy32, 0.03%, see rank0.02%0.05%
Other Fuel86, 0.07%, see rank0.30%0.47%
No Fuel Used255, 0.21%, see rank0.24%1.00%

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

Gross Rent

Monthly RentalLexington-Fayette, KYKentuckyU.S.
Occupied Units Paying Rent53,228, 100%496,53639,201,928
$199 or Less917, 1.72%, see rank3.01%1.50%
$200 to $2991,813, 3.41%, see rank5.28%3.18%
$300 to $4994,982, 9.36%, see rank15.95%7.37%
$500 to $69914,835, 27.87%, see rank30.85%16.01%
$700 to $99917,489, 32.86%, see rank29.97%29.17%
$1,000 to $1,4999,945, 18.68%, see rank12.25%26.88%
$1,500 to $1,9991,974, 3.71%, see rank1.85%9.79%
$2,000 or More1,273, 2.39%, see rank0.83%6.10%
Median$766, see rank$667$920

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

Vehicle Available

 Lexington-Fayette, KYKentuckyU.S.
Occupied Housing Units124,101, 100%1,702,235116,211,092
No Vehicles Available10,588, 8.53%, see rank7.85%9.12%
1 Vehicles Available46,483, 37.46%, see rank33.49%33.80%
2 Vehicles Available48,375, 38.98%, see rank38.04%37.48%
3 or More Vehicles Available18,655, 15.03%, see rank20.62%19.61%

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


 
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