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Lexington

Lexington

$483,084 Average Value
$240 Average Price per Sq Ft
4 Homes For Sale

Outdoor adventures and mountain scenery define life in Lexington

With winter skiing and summer hiking, Lexington is an adventurer’s retreat in New York’s northern Catskill Mountains. “Lexington has some beautiful, beautiful country and magnificent views,” says Carol Shaw, a broker and owner of Shaw Country Realty who’s sold homes in the area since 1985, “and you're pretty much about 15 minutes or less, depending on where you are, from Hunter Mountain, Windham Mountain and Bearpen Mountain.” These attractions are best known for their ski slopes, and the entire area is located within Catskill Park, a wilderness area with hiking trails through the mountains. New York City is around 143 miles away, a drive that takes around three hours, making Lexington a popular spot for second-home buyers from the city.

Year-round outdoor recreation includes skiing and fly fishing

“Within 20 minutes, there’s just so much to do if you’re an outdoors person,” Shaw says. “It’s pretty much a four-seasons community.” Fly fishing for trout on streams like the West Kill and Schoharie Creek is particularly popular in the spring, while hiking in Catskill Park is popular in the summer and fall. With so many ski areas nearby, winter provides even more opportunities to enjoy the outdoors. Hunter Mountain Resort, Windham Mountain Club and Belleayre Mountain all offer skiing and snowboarding, and Bearpen Mountain has ice skating and cross-country skiing. While winters here typically bring a lot of snow, the ski resorts will make their own snow if the weather doesn’t cooperate. “You get 2 inches one year, and then other years you get 3 feet. There’s no rhyme or reason,” Shaw says. These resorts also offer warm-weather activities, like swimming at Belleayre Mountain and golf at the Windham Golf Club.

Mountain cabins and forested retreats are popular for second homes

Many of Lexington’s homes have views of the surrounding mountains, and others are forested retreats. “Primarily, you have a lot of second homes — a lot of log homes, a lot of country houses, some beautiful horse country,” Shaw says. Some homes sit on several acres, allowing room for guest houses and stables. Some of the smaller homes here can have ranch-style and cottage designs, while larger houses are often custom cabin- and chalet-style builds. Those with less than 2,000 square feet generally cost between $180,000 and $420,000, while larger homes can range from $670,000 to $1.2 million. “About 75% of my buyers are doing Airbnbs lately,” Shaw says. The town caps the number of short-term rental permits for nonpermanent residents each year, and people who want to rent out their vacation homes have to pay an annual fee and have their property inspected. Properties near Schoharie Creek and state Route 42 are at a high risk of flooding and might require flood insurance.

Backcountry roads connect Lexington to nearby towns

“When you drive around up here, it’s backcountry roads. We say it’s a minute a mile,” Shaw says. “You don’t have heavy traffic up here.” State Route 23A leads around 8 miles to Hunter, and state Route 42 leads roughly 17 miles to Phoenicia. These main roads follow the path of creeks, and they can become washed out when the creeks flood. New York City is a roughly 143-mile drive. Margaretville Hospital is 27 miles away, and Albany International Airport is a 72-mile drive. Houses of worship here include the Lexington-Westkill United Methodist Church.

A brewery and general store are nearby, more options within 20 minutes

Despite its remote location, West Kill Brewing is a big attraction for the area. Surrounded by mountains, the brewery serves craft beer and has a rotating selection of food trucks. “It’s one way in and one way out,” Shaw says. “It’s amazing the business that they do.” Van Dusen’s is a general store here that sells grocery staples and has a bar. Every other Saturday from May to October, the Lexington Farmers Market sells locally sourced produce. Other restaurants and grocery stores are farther away. “I always say don’t forget your eggs,” Shaw says. “Sometimes you have to go miles just for some food.” Tops Friendly Market, a grocery store, is around 13 miles away in Tannersville, while eateries like the farm-to-table Peekamoose Restaurant and the more casual Phoenicia Diner are within 17 miles.

Fall festivals in nearby ski areas

The area’s mountain resorts host several events throughout the year. At Belleayre Mountain, the annual Fall Festival in October takes place over two weekends and features live music, a stein-holding contest and food trucks. Hunter Mountain’s Oktoberfest spans three weekends and includes German cuisine and the Doxie Derby, where Dachshunds race for prizes. The West Kill Lexington Community Hall also hosts regular events, including potluck dinners, barn dances and a holiday craft market.

The Hunter-Tannersville Central School District serves the area

Kids can attend schools in the Hunter-Tannersville Central School District, which earns an overall rating of B-minus from Niche. They can start at the B-minus-rated Hunter Elementary, where all students take a weekly art or music class. Hunter-Tannersville Middle/High earns a B and has a student-to-teacher ratio of 7-to-1.

Annie Franklin
Written By
Annie Franklin

Interested in learning more about homes in this area? Reach out to Betsy Pellitteri, an experienced agent in this area.

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Lexington Housing Trends

Housing Trends

Median List Price
$498,000
Median Sale Price
$295,000
Median Single Family Sale Price
$410,000
Median Change From 1st List Price
11%
Last 12 months Home Sales
3
Median Home Sale Price YoY Change
-44%
Average Price Per Sq Ft
$240

Area Facts

Number of Homes
84
Number of Homes for Sale
4
Median Year Built
1982
Months of Supply
16.00
Average Single Family Home Size Sq Ft
2,723
Significantly above the national average
1,926
Average Townhouse Size Sq Ft
2,724
Median Lot Size Sq Ft
45,302

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Lexington Has More Owners

Demographics

Total Population
758
Median Age
58
Population under 18
14%
Below the national average
23.8%
Population over 65
36.5%
Above the national average
19.1%

Finances

Median Household Income
$92,812
Above the national average
$71,702
Average Household Income
$114,701

Education and Workforce

High School Graduates
95.5%
College Graduates
38.5%
Advanced Degrees
23.4%
Above the national average
13.3%
% Population in Labor Force
54.6%
Below the national average
65.1%

Weather

Annual Precipitation
53''
Average Winter Low Temperature
13°F
Average Summer High Temperature
79°F
Annual Snowfall
57''

Area Factors

Somewhat Bikeable

Bike Score®®

12 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lexington
Betsy Pellitteri
Heavens 2 Betsy Realty
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