Lexington, NC

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Lexington short-term rental market based on reliable data.

Listings

146 / 234

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$32,332

Middle-Earners Revenue

Occupancy

57%

Middle-Earners Occupancy

Home Value

$265,816

Median Home Sale Price

Top Earners

$62,760

Top-Earners Revenue

Lexington

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lexington.

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B

Generally Investor friendly

Lexington Regulations

STRs are explicitly allowed under North Carolina’s Vacation Rental Act, so outright bans aren’t possible; operations hinge on routine zoning verification, state/local tax registration, a business license, and safety code compliance. With no city-specific caps or onerous permitting cited, the compliance path is straightforward and predictable, making it attractive to investors.

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About Lexington

Lexington is the county seat of Davidson County, North Carolina, United States. As of the 2020 census, the town had a population of 19,632. It is located in central North Carolina, 20 miles (32 km) south of Winston-Salem. Major highways include I-85, I-85B, U.S. Route 29, U.S. Route 70, U.S. Route 52 / I-285 and U.S. Route 64. Lexington is part of the Piedmont Triad region of the state. Lexington has been noted as one of America's top four best cities for barbecue by U.S. News & World Report. The City calls itself the "Barbecue Capital of the World". Lexington, Thomasville, and the rural areas surrounding them are slowly developing as residential bedroom communities for nearby cities such as Winston-Salem, Greensboro, High Point and, to a lesser extent, Charlotte and its northeastern suburbs.

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