Housing Prices in Lexington, MI
How much do homes in Lexington, MI cost?
Median List Price
$227,000
$205/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Lexington has increased by 4.4% since last year.
Summary: The median home list price in Lexington was $227,000 in March 2024, up 4.4% from the previous year, and the median price per square foot was $205.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $18.9K | $189.9K | +904.8% |
| 2 Bedrooms | $190K | $199.9K | +5.2% |
| 3 Bedrooms | $210K | $229K | +9.0% |
| 4 Bedrooms | $274.9K | $329.9K | +20.0% |
| 5+ Bedrooms | $399K | $590K | +47.9% |
Summary: Lexington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 904.8%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 47.9%.
Median List Price Compared To Nearby Cities
| Lexington | $217.4K | $227K | +4.4% |
| Lexington Township | $219.9K | $225K | +2.3% |
Housing Supply in Lexington, MI
How many homes are available in Lexington, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 17 | +70.0% |
Summary: The Lexington real estate market had 17 homes for sale in March 2024, a 70.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 7 | +133.3% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lexington housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 133.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Lexington, MI
How long does it take to sell a home in Lexington, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 101 Days | 76 Days | -24.4% |
Summary: Homes in Lexington had an average listing age of 76 days in Mar 2024, down by 24.4% compared to the previous year.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.