Lexington

Homes for Sale in Lexington, Ohio

Richland County, OH

3 Active Listings

$525,000 Median Price

$443,267 Average Price

$225 Price / Sq Ft

Situated in Richland County, this village of roughly 4,866 residents sits in north-central Ohio and draws a mix of longtime homeowners and renters. With 68.5 percent of occupied housing owner-occupied, ownership is the clear norm here, and the community's 2,119 housing units reflect a modest but established residential base. Median gross rent runs $756 per month, offering a lower cost of entry for those who rent. The median household income of $56,068 places residents in a working and middle-income range typical of smaller Ohio communities. Many residents commute to nearby Mansfield, the Richland County seat, which serves as the regional hub for employment in manufacturing, healthcare, and retail. Lexington itself is home to the Lexington Local School District, which anchors much of local civic life. The surrounding area includes agricultural land alongside residential development, giving the village a small-town character within easy reach of larger regional employers.

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

Market Overview

1,967 Avg Sq Ft

3.3 Avg Beds

3.0 Avg Baths

1974 Avg Year Built

0.71 ac Avg Lot Size

$2,160 Avg Annual Tax

Demographics

4,866 Population

$56,068 Median Income

$183,500 Census Home Value

42.0 Median Age

2,119 Housing Units

68.5% Owner Occupied

$756 Median Rent

16.5% Bachelor's Degree

2.7% Vacancy Rate

12.9% Poverty Rate

7.3% Unemployment

0.0% Public Transit

0.0% Work from Home

Race / Ethnicity

White

94.6%

Two or More

2.9%

Black

2.4%

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates

Crime Statistics (2024)

5.2 Property Crime Rate per 100K/month

Source: FBI Crime Data Explorer (OH0700700)

Housing Price Trend (10 Years)

Home prices in Ohio have risen 98% over the past 9 years, compared to 87% nationally.

Source: Federal Reserve Economic Data (FRED), FHFA All-Transactions House Price Index, Ohio vs national

Price Distribution

Under $100K

$100K - $200K

$200K - $300K

$300K - $500K

$500K - $750K

$750K - $1M

Over $1M

Property Types

Residential

Frequently Asked Questions about Lexington

The median home price in Lexington is $525,000, with active listings ranging from $219,900 to $584,900.

There are currently 3 active listings in Lexington, Ohio.

The average price per square foot in Lexington is $225, based on currently active listings.

Lexington has a population of 4,866 residents with a median age of 42.0.

Homes in Lexington average 1,967 square feet with 3.3 bedrooms and 3.0 bathrooms.

Lexington has a 68.5% owner-occupied rate and a 2.7% vacancy rate. The median rent is $756.

Map of Lexington

Latest Listings in Lexington

View All Listings

Recently Sold Homes in Lexington

Address	Sold Price	Beds	Baths	Sq Ft	Sold Date
10 Woodside Blvd, Lexington, OH 44904	$455,000	4	4	2,228	Sep 30, 2026
34 Cambridge Ct, Lexington, OH 44904	$261,000	4	3	1,917	Aug 31, 2026

Recently sold listings from the last 90 days, provided through the MLS IDX database. See full disclaimer below.

Nearby Cities in Richland County

About the agent serving Lexington

Steven Pannell

Licensed Ohio real estate agent · Key Realty

8+ years of experience

Licensed since 2017, with years of hands-on real estate investing experience before that. I became an agent to enhance my own investment knowledge, but discovered my true calling: guiding clients through one of life's biggest decisions. As a Certified Negotiation Expert (CNE), I bring both investor insight and proven negotiation skills to every transaction. Whether you're buying your first home or selling an investment property, you'll have an experienced advocate in your corner who understands the market from every angle.

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