Similar to its surrounding areas, it is a lot less expensive compared to the country as a whole. Compared to the city of Columbus, it's significantly less expensive.
Home prices
The price of the median home in New Lexington is $78,300. This is roughly $2,660 (3%) higher in comparison to other places in this area.Compared to the entire nation it is roughly $139,200 (64%) lower, and compared to the city of Columbus is roughly $73,300 (48%) lower.
Rents
New Lexington's median rent is $622 a month. This is about $17 (2%) lower compared to its surrounding areas.In comparison to the United States as a whole it is roughly $440 (41%) lower, and in comparison to the city of Columbus is about $339 (35%) lower.
Nearby places
Junction City
Junction City is about 4 miles west of New Lexington. Its housing prices are a bit less expensive. The median home in Junction City is valued at $64,300, which comes out to $14,000 (21%) lower than New Lexington. The rent there is somewhat more expensive. In Junction City the median rent is $716 per month, which works out to $94 (13%) higher than New Lexington.
Crooksville
Crooksville is roughly 6 miles northeast of New Lexington. The housing prices there are somewhat less expensive. The median home price in Crooksville is $64,000, which works out to $14,300 (22%) lower than New Lexington. Rent there is fairly similar. The median rent in Crooksville is $632 per month, which works out to $10 (1%) higher than New Lexington.
Somerset
Somerset is roughly 7 miles northwest from New Lexington. Its real estate prices are significantly more expensive. The median home in Somerset costs $121,400, which comes out to $43,100 (35%) higher than New Lexington. Its rents are pretty similar. The median monthly rent in Somerset is $600, which works out to $22 (3%) lower than New Lexington.
Shawnee
Shawnee is about 7 miles south of New Lexington. Housing prices there are a little less expensive. The cost of the median home in Shawnee is $60,200, which is $18,100 (30%) lower than New Lexington. The rent there is a little more expensive. The median monthly rent in Shawnee is $723, which is $101 (13%) higher than New Lexington.
Roseville
Roseville is roughly 8 miles northeast of New Lexington. Real estate prices there are a bit less expensive. Roseville's median home value is $68,300, which is $10,000 (14%) lower than New Lexington. Its rents are a little less expensive. In Roseville the median rent is $525 a month, which is $97 (18%) lower than New Lexington.
