Lexington, NE

Lexington, Nebraska is a city located in the northeast corner of the state. The population was 21,898 at the 2010 census. Lexington is part of the Omaha-Council Bluffs metropolitan area.

The city's economy is based on healthcare, education and manufacturing. Manufacturing includes aircraft parts and machinery, agricultural equipment and supplies, medical equipment and supplies, food processing equipment and supplies, fabricated metal products, transportation equipment and components, computers and electronics products. Lexington also has a strong banking sector with five banks headquartered in town. The largest bank is First National Bank of Lexington with assets of $1 billion as of December 31st 2017.

Real estate in Lexington has seen steady growth over the past decade as new businesses have moved into town or expansions have been made to existing businesses. Residential properties are also seeing strong demand from families looking for suburban living without having to leave the city limits. There are currently over 9,000 housing units available in Lexington with an average list price of $158,000 which indicates that there is plenty of demand for both new construction as well as resale properties in this market.

Lexington enjoys a great quality of life with excellent schools ( Lexington High School ranks #2 on Newsweek's 2018 list of America's Best High Schools), low crime rates (the city had just six murders in 2017), ample recreational opportunities (including two golf courses rated among America's top 100) and an active arts community that includes several theaters and museums.

The real estate market in Lexington is stable with prices generally increasing by 2-3% per year according to recent data from Zillow® . This stability makes it an ideal place to invest for those who are looking for long term returns while still enjoying moderate fluctuations in value due to economic conditions outside of their control