Lexington, South Carolina.
Typical home $305,130 (+1.3% in a year), asking rent $1,774 (+1.7%). Columbia, SC metro.
to buy the typical home at today's mortgage rate — +$865 (+117%) since Jan 2020.
- 1 year
- Up $4,032 +1%
- $301,098$305,130 since Sep 2025
- 5 years
- Up $60,438 +25%
- $244,692$305,130 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Lexington$1,602
- South Carolina$1,597
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Lexington, SC rose 1.3% over the past year — in step with the nation.
Asking rents in Lexington, SC rose 1.7% over the past year — slower than the nation's +2.7%.
Owning the typical home in Lexington runs $279/mo more than renting one. The gap peaked at $440 in Oct 2023.
That is $2,053 a month against $1,774 rent: a $1,602 mortgage payment, plus $125 property tax and $327 insurance & upkeep.
Owning vs renting — Lexington
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,053
- Renting$1,774
- Mortgage only$1,602
Property tax · $125/mo 0.49% of value a year — the ACS 2020-2024 median bill over the median home value for Lexington County, SC
Insurance & upkeep · $327/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Lexington, Lexington County, South Carolina
Lexington is a town of 23,568 people in Lexington County. Half its households earn more than $87,126 a year and half less, against $77,408 across Lexington County; 7% of its people live below the poverty line. 69% of its homes are lived in by their owners and 31% are rented. Unemployment in Lexington was 3.6% in August 2026, and Lexington County had 1.3% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Lexington is a small South Carolina town where most homes are lived in by their owners, and where incomes run higher than across the county as a whole. Residents tend to be well educated, with more than the usual share holding a four-year degree. Winters are mild and short, with almost no snow, and summers are long and hot, with a fair amount of rain through the year.
Work. Many residents work in schools, hospitals and social care, followed by professional and business services, manufacturing, and banking, insurance and property. Among the largest workplaces in Lexington are Lexington 01 Schools, the County of Lexington and Tidewater Boats. Unemployment is lower than it was a year ago, and the county has added jobs over the past year.
Things to do. Lake Murray, a reservoir a short drive away, is the nearest place for time on the water, and Riverbanks Zoo is also a short drive off. The Lexington County Museum is in or beside town, for a look at local history. Congaree National Park, a national park with river bottomland forest, is a longer drive away.
Report a mistake
- 9,778households
- 51%of adults have a degree
- 7%below the poverty line
- 25 mintypical commute
- 14%work from home
What residents work in
Employed residents by industry, from the Census survey. Lexington County had 134,271 jobs in 2025, 1.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 57° and lows near 35°; warmest in July, with highs near 93° and lows near 72°. About 1 inches of snow and 45 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Columbia weather station, 7 miles away (NOAA).
Largest workplaces in Lexington
- Lexington 01 SchoolsSchool district4,290FTE
- County of LexingtonExecutive and legislative office combinations1,819
- WalmartWarehouse clubs and supercenters388
- TargetDiscount department stores211
- Tidewater BoatsBoats manufacturing205
- Wellmore of LexingtonSkilled nursing facilities201
- Publix Super MarketsSupermarkets and other grocery stores189
- Lowe's Companies, INCHomecenter144
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 31 workplaces with 20 or more staff, 4,353 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesRelatively high
- Ice stormsrelatively high in parts of LexingtonRelatively moderate
- HurricanesRelatively moderate
- Strong windRelatively moderate
- LightningRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Lexington’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lexington County and the Columbia, SC metro.
Lexington home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Lexington$305,130
- South Carolina$304,319
- United States$366,157
Sellers are cutting prices on about 1 in 3 Lexington listings, and the typical home goes pending in 34 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Lexington35.95%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Lexington34
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Lexington603
New listings per month
Sellers arriving at the market.
- Lexington161
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Lexington$298,339
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Lexington98.35%
Zip codes with a Lexington address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Lexington — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Lexington
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 29072 | Lexington | 69,407 | $1,724 | $365,040 |
| 29073 | Lexington | 53,156 | $1,850 | $257,498 |