Lexington, VA Housing Market

Homes for sale

The Lexington housing market is very competitive. The median sale price of a home in Lexington was $540K last month, up 49.0% since last year. The median sale price per square foot in Lexington is $226, up 15.3% since last year.

Trends
Demand
Migration
Schools
Climate

Lexington Housing Market Trends

What is the housing market like in Lexington today?

$540K

Sale Price

+49.0%
since last year

$226

Sale $/Sq. Ft.

+15.3%
since last year

Under List Price

1.2%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Lexington and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Lexington's median sale price is 25% higher than the national average. Overall cost of living in Lexington is 12% lower than the national average. Learn which home features in Lexington add value to a home.

How hot is the Lexington housing market?

Lexington is very competitive. Homes sell in 14 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 14 days.
Hot homes
can sell for around list price and go pending in around 8 days.

Lexington Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Lexington that sold recently

Recently sold homes

SOLD APR 23, 2025
$400,000 Last Sold Price
4 beds
2 baths
1,482 sq ft
412 Honeysuckle Hill Hl, Lexington, VA 24450
List Price
$419,000
Sale to List
5% under list
Days on Market
40 days
412 Honeysuckle Hill Hl, Lexington, VA 24450
SOLD APR 22, 2025
$350,000 Last Sold Price
3 beds
2 baths
1,240 sq ft
407 Morningside Dr, Lexington, VA 24450
List Price
$365,000
Sale to List
4% under list
Days on Market
83 days
407 Morningside Dr, Lexington, VA 24450
SOLD APR 21, 2025
$384,990 Last Sold Price
4 beds
2.5 baths
2,220 sq ft
15 Seabiscuit Ct, Lexington City, VA 24450
(667) 500-2488
List Price
$389,990
Sale to List
1% under list
Days on Market
75 days
15 Seabiscuit Ct, Lexington City, VA 24450
SOLD APR 21, 2025
$300,000 Last Sold Price
3 beds
2 baths
2,484 sq ft
22 Whitmore St, Lexington, VA 24450
List Price
$319,000
Sale to List
6% under list
Days on Market
69 days
22 Whitmore St, Lexington, VA 24450
SOLD APR 17, 2025
$270,000 Last Sold Price
4 beds
2 baths
1,804 sq ft
10 Morris Rd, Lexington, VA 24450
List Price
$275,000
Sale to List
2% under list
Days on Market
44 days
10 Morris Rd, Lexington, VA 24450
SOLD APR 17, 2025
$344,150 Last Sold Price
2 beds
1 bath
1,230 sq ft
207 S Jefferson St, Lexington, VA 24450
List Price
$379,000
Sale to List
9% under list
Days on Market
-1 days
207 S Jefferson St, Lexington, VA 24450
SOLD APR 16, 2025
$221,000 Last Sold Price
3 beds
1.5 baths
1,008 sq ft
201 Alum Springs Rd, Lexington, VA 24450
List Price
$209,000
Sale to List
6% over list
Days on Market
54 days
201 Alum Springs Rd, Lexington, VA 24450
SOLD APR 10, 2025
$369,000 Last Sold Price
3 beds
1.5 baths
1,907 sq ft
9 Westside Ct, Lexington, VA 24450
List Price
$369,000
Sale to List
0% over list
Days on Market
29 days
9 Westside Ct, Lexington, VA 24450
See all recently sold homes in Lexington.
See listings

Schools in Lexington

Learn about schools in the Lexington area

Elementary
Middle
High

GreatSchools Rating

8/10 Harrington Waddell Elementary School Public • K-5	324 Students	3 reviews
5/10 Central Elementary School Public • PreK-5	452 Students	3 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Lexington housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lexington.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Major

100% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Lexington

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