Home Insurance in Lexington, South Carolina
Homes in Lexington carry a median value of $297,700 - 27% higher than the Lexington County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Lexington was built around 2002. About 3% of homes were built before 1960, about 5 points below Lexington County's 8%.
In Lexington, the housing stock is 71% single-family homes, 24% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
In Lexington, about 73% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 69% of occupied homes in Lexington are owner-occupied. The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Lexington, 63% of homes are primarily heated with electricity.
FEMA rates Lexington County's overall risk as Relatively Moderate, led by tornado (Relatively High). Lexington County had 1,340 active NFIP flood policies as of September 2026. See the full Lexington County home insurance overview for all FEMA hazard ratings and flood coverage details.
In South Carolina, the statewide average premium for a standard HO-3 homeowners policy is $1,753 per year (NAIC, 2023 data).
Key figures
| Median home value | $297,700 |
|---|---|
| Median year built | 2002 |
| Owner-occupied share | 69% |
| Share of owner-occupied homes with a mortgage | 73% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Lexington County | 1,340 |
| Home insurance premium | $1,753 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)