Lexington MI Multi-family Properties For Sale
The median home value in Lexington, MI is $190,600. This is higher than the county median home value of $159,100. The national median home value is $338,100. The average price of homes sold in Lexington, MI is $190,600. Approximately 38.57% of Lexington homes are owned, compared to 23.04% rented, while 38.40% are vacant. Lexington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Lexington real estate agent to arrange a tour today!
Learn More About Lexington Real EstateStatistics & facts
1,098
Population
$190K
Medium Home Value
714
# of Households
38.40%
Housing Vacancy
29.21%
Future Job Growth
4.50%
Unemployment Rate
 |
| Real Estate listings held by other brokerage firms are marked with the name of the listing broker. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Knoxville Area Association of Realtors. All rights reserved. |
Population
Lexington has a population of approximately 1,098 and experiences a population change rate of -0.54%. The population density is 794.5 / sq mi.
Household
The median household income for Lexington is $39,375, with 714 households and an average household size of 1.52.
Cost of Living
The cost of living index in Lexington is 84.1%.
Home Value
The median value of a home in Lexington is $190,600 with an appreciation rate of 12.8%. 38.6% of housing in the city is owned while 23.0% is rented.
Employment
The unemployment rate in Lexington is 4.50%, and recent job growth is at 1.32%. Future job growth is projected at 29.21%.
Taxes
The sales tax rate in Lexington is 6.00%, while the income tax rate is 4.25%.
Education
School expenditures in Lexington are $11,598, and the school ratio is 17.9:1.
Weather
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 33.2 inches per year, with 39.1 inches of snow per year.
Education near Lexington MI
| Metric | City | County |
|---|---|---|
| High School Graduates | 95.53 | 89.96 |
| College Degree - 2 year | 9.15 | 9.61 |
| College Degree - 4 year | 28.38 | 14.93 |
| Graduate Degree | 11.02 | 3.68 |
| Expenditures per Student | $11,598 | $11,598 |
| Students per Teacher | 17.90 | 17.90 |
Elementary Schools near Lexington MI
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Carsonville-Port Sanilac Elementary School | PK - 05 | 182 | 15.8 | 48419 |
| Edison Elementary School | KG - 05 | 465 | 16.8 | 48059 |
| Frostick School | PK - 04 | 519 | 18.7 | 48422 |
| Keewahdin Elementary School | KG - 05 | 546 | 17.6 | 48059 |
| Meyer Elementary School | 01 - 04 | 300 | 13.8 | 48450 |
| Peck Community Elementary School | KG - 06 | 182 | 15.7 | 48466 |
Middle Schools near Lexington MI
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Croswell-Lexington Early College | 11 - 12 | 73 | null | 48422 |
| Croswell-Lexington Middle School | 05 - 08 | 694 | 19.2 | 48422 |
| Fort Gratiot Middle School | 06 - 08 | 648 | 19.8 | 48059 |
High Schools near Lexington MI
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Carsonville-Port Sanilac High School | 06 - 12 | 219 | 19 | 48419 |
| Croswell-Lexington High School | 09 - 12 | 727 | 21.5 | 48422 |
| Peck Junior/Senior High School | 07 - 12 | 210 | 17.7 | 48466 |
Ungraded Schools near Lexington MI
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Carsonville-Port Sanilac Learning Center | 06 - 12 | 94 | 15.3 | 48419 |
| Croswell-Lexington Alternative Secondary School | UG - UG | 0 | null | 48450 |
