Lexington, NC housing market
Typical home value
$272K
▲ 3.8% 1 yr
Typical rent
$1,480/mo
▲ 5.6% 1 yr
Gross rent yield
6.5%
U.S. 6.3%
5-year home value change
+35%
U.S. +20%
Key takeaways
- 1The typical home in Lexington is worth $271,676, up 3.8% over the past year and up 35% over five years.
- 2Typical rent is $1,480 a month (+5.6% YoY), a gross rent yield of 6.5% (below the Winston, NC metro's 6.6%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,493/mo, $13 more than typical rent.
- 4Zillow forecasts the Winston, NC metro's home values to change +2.4% over the next 12 months.
Market temperature (Winston, NC metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 32/100, #409 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Lexington compares
| Measure | Lexington | Winston, NC metro | United States |
|---|---|---|---|
| Typical home value | $271,676 | $277,512 | $366,157 |
| Home value, 1-yr change | +3.8% | +1.7% | +1.2% |
| Typical rent | $1,480 | $1,529 | $1,932 |
| Rent, 1-yr change | +5.6% | +4.6% | +2.7% |
| Gross rent yield | 6.5% | 6.6% | 6.3% |
| Price-to-rent ratio | 15.3 | 15.1 | 15.8 |
| Mortgage P&I, typical home | $1,493 | $1,525 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Lexington rental, pre-filled.
Rent vs buy in Lexington
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $272K home.
Landlord in North Carolina? See North Carolina deposit, late fee and notice rules.
Other cities in the Winston, NC metro
Winston-Salem, NC
$260K home$1,478 rent
■ 0.0% 1 yr
Kernersville, NC
$319K home$1,706 rent
▲ 0.8% 1 yr
Thomasville, NC
$235K home$1,314 rent
▲ 2.0% 1 yr
Clemmons, NC
$384K home$1,785 rent
▼ 0.1% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.