Lexington has been nationally recognized by LendEDU as one of the fastest-growing U.S. cities that is still affordable for homebuyers.
From LendEDU: "All data found in this report comes from GreatData. LendEDU licensed the dataset provided by GreatData, which derives mainly from the U.S. Census Bureau. For data points like “Median Monthly Home Cost,” the data comes from the most recent U.S. Census Bureau update but GreatData also calculates and combines its own projections based on historical trends to provide the most up-to-date data. The “Median Monthly Home Cost” statistic for each city includes the monthly mortgage cost plus utilities. LendEDU Licensed the most up-to-date data for over 25,000 cities, we first found the 1,000 U.S. cities that are projected to grow the fastest over the next five years. We then ranked those 1,000 cities according to each one's median monthly home cost, which includes mortgage payments plus utilities.
Specifically, Lexington is projected to grow by 13.01% over the next five years and the median monthly home cost in Lexington is $1,393, which means it's still very affordable despite its trendiness on the real estate market."
These figures ranked Lexington #380 in the entire country and #4 in the state of Virginia.
We are so proud of our beautiful City!
You can see the full report here: https://lendedu.com/blog/fastest-growing-cities-still-affordable-for-homebuyers/