Is Lexington, NC a good place to invest in rental property?

Lexington, NC has a median modeled monthly cash flow of $-666 and a median cap rate of 3.5%, on a median sold price of $271,994. Prices changed +1.3% year over year.

What is the average cap rate in Lexington, NC?

The median cap rate across recently sold homes in Lexington, NC is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lexington, NC?

The median sold price in Lexington, NC is $271,994 (about $157 per square foot).

Investing in Lexington, NC Real Estate

A data-driven snapshot of the Lexington, NC rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$271,994Median sold price

$157Median $/sqft

3.5%Median cap rate

$-666Modeled cash flow / mo

+1.3%Appreciation YoY

7.2Months of supply

363Active listings

601Sold (last 12 mo)

What the Lexington numbers say

In Lexington, NC, the median home sold for $271,994 (about $157 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-666 of monthly cash flow. Sold prices moved +1.3% over the past year. Inventory sits at about 7.2 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other North Carolina markets to compare

See Lexington cash-flowing listings

CashFlowRE ranks every for-sale home in Lexington, NC by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Lexington deals, or browse the national market data.