Lexington, Davidson County, NC

Median Home Price Price

$251,413 $251.4K

Median Monthly Rent Rent

$1,034 $1K

20.0x

Market Snapshot

Lexington, Davidson County, NC is a city market with a median home price of $251,413, a median monthly rent of $1,034, a GRM of 20.0x, and a price-to-rent ratio of 20.3.

More markets to explore

01 Linwood, Davidson County, NC
Top recommendation Nearby alternative Lower GRM Lower entry Higher rent Rent momentum
High confidence
Price $241.9K
Rent $1.2K
GRM 17.0x
Explore the data
Region Show
Linwood
$242K $1.2K 17.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
King, Stokes County, NC Explore deeper
$257K $1.0K 21.0x
Tobaccoville, Forsyth County, NC Explore deeper
$254K $1.1K 19.0x
Germanton, Stokes County, NC
$251K $945 22.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Covington, Miami County, OH
$226K $1.0K 18.0x
Newbury, Geauga County, OH
$309K $1.0K 25.0x
Georgetown, Brown County, OH
$224K $856 22.0x

Home prices

Monthly rent

GRM = home price / annual rent

Lexington

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Benchmark comparison

Rent in Lexington, NC is 11.7% lower than Linwood, NC.

Compare to Linwood, NC
Lexington, NC
Linwood, NC
Delta
Median rent
$1,034
$1,171
+$137
Median price
$251,413
$241,874
-$9,539
YoY change
+$85
+$121
+$36
Price-to-rent
20.3x
17.2x
-3.1x

Key takeaways

  • Lexington, Davidson County, NC has a higher-grm screening profile: At 20.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $85 year over year.
  • Rent in Lexington, NC is 11.7% lower than Linwood, NC.