Housing Prices in Lexington, VA

How much do homes in Lexington, VA cost?

Median List Price

$465,000

$184/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$66,000(+16.5%)

Key Takeaway

The list price of homes in Lexington has increased by 16.5% since last year.

Summary: The median home list price in Lexington was $465,000 in April 2024, up 16.5% from the previous year, and the median price per square foot was $184.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$299.9K
N/A
2 $165K$185K
+12.1%
3 $354.5K$414K
+16.8%
4 $579.9K$569.4K
-1.8%
5+ $438K$694K
+58.4%

Summary: Lexington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 16.8%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 58.4%.

Median List Price Compared To Nearby Cities

Buffalo
+56.9%
Walkers Creek
+31.2%
Kerrs Creek
+24.7%
Lexington
+16.5%
Lexington
+2.5%

Housing Supply in Lexington, VA

How many homes are available in Lexington, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1115+36.4%

Summary: The Lexington real estate market had 15 homes for sale in April 2024, a 36.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 57
+40.0%
4 23
+50.0%
5+ 33
0.0%

Summary: The Lexington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Days on Market for Lexington, VA

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

Average Listing Age

Apr 2023Apr 2024CHANGE
154 Days176 Days+14.2%

Summary: Homes in Lexington had an average listing age of 176 days in Apr 2024, up by 14.2% compared to the previous year.

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

Report Updated 1 Day Ago

Newest Listings in Lexington, VA

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