Is Lexington, MA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Lexington is a seller's market


Difference Since May 2022

Since last year, Lexington has remained a Seller's Market.

Key Takeaway

Lexington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Lexington, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Lexington have sold for 4.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $530K$395K
2 $710K$725K
3 $1.0M$985K
4 $1.4M$1.5M
5+ $2.0M$2.3M

Median Sold Price Compared To Nearby Cities


How many homes are available in Lexington, MA?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 11
2 79
3 1922
4 3848
5+ 4853

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lexington, you could pay more than the asking price. 55.9% of homes here sold above asking price last month.

How long does it take to sell a home in Lexington, MA?

How long does it take to sell a home in Lexington, MA?

Average Sale Time

May 2022May 2023%
14 Days31 Days+109.5%

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lexington are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Lexington, MA?

About Lexington, MA

Homes for sale in Lexington, MA have reached 133. The number of listings in Lexington, MA increased by 17.7% between April 2023 and May 2023. While the average time on the market in May 2023 was 31 days, the median list price was $1,471,333. From April 2023 through May 2023, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 25.5% more cheaper, 2 bedrooms properties became 2.1% more expensive, the cost of 3 bedrooms properties went down by 6.2%, 4 bedrooms properties became 6.6% more expensive, 5 bedrooms properties became 18.4% more expensive. Volume of homes for sale changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 28.6%, volume of 3 bedrooms homes went up by 15.8%, 4 bedrooms homes inventory increased by 26.3%, 5 bedrooms homes became 10.4% more available. In May 2023 more than 19 listings in Lexington, MA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 12 were sold below.