Compare Lexington, SC mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Lexington.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Lexington. Plus, shopping lenders is free and there is no obligation.
August 4, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Lexington. Understand how much you need to earn to afford a home in Lexington, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Lexington fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Lexington is right for you.
The median home value for Lexington, SC is $220,822
Based on current mortgage rates and a 10% down payment, you need to make $46,067 per year to buy the median priced home in Lexington
With this income, you could qualify for a $198,740 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Lexington is $1,067
The median household income for Lexington, SC is $65,746
Based on this income, you can afford a home valued at approximately $315,153
The home price you can afford to buy based on household income in Lexington is 143% of the median home value which means housing prices are average. Lexington ranks 28 out of 46 counties in South Carolina and 2,066 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Lexington, SC is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Lexington below.
Conforming loan limits for Lexington, SC
FHA loan limits for Lexington, SC