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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $299.9K | N/A |
2 Bedrooms | $165K | $185K | +12.1% |
3 Bedrooms | $354.5K | $414K | +16.8% |
4 Bedrooms | $579.9K | $569.4K | -1.8% |
5+ Bedrooms | $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 | $350K | $549K | +56.9% |
Walkers Creek | $327K | $429K | +31.2% |
Kerrs Creek | $399K | $497.4K | +24.7% |
Lexington | $399K | $465K | +16.5% |
Lexington | $453.5K | $465K | +2.5% |
Housing Supply in Lexington, VA
How many homes are available in Lexington, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 15 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 3 | 3 | 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 2023 | Apr 2024 | CHANGE |
---|---|---|
154 Days | 176 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.