Housing Prices in Lexington, MI
How much do homes in Lexington, MI cost?
Median List Price
$227,900
$203/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Lexington was $227,900 in April 2024, up 3.6% from the previous year, and the median price per square foot was $203.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $18.9K | $187.4K | +891.5% |
2 Bedrooms | $190K | $225K | +18.4% |
3 Bedrooms | $215K | $229.9K | +6.9% |
4 Bedrooms | $274.9K | $269K | -2.1% |
5+ Bedrooms | $399K | $494.5K | +23.9% |
Summary: Lexington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 891.5%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 23.9%.
Median List Price Compared To Nearby Cities
Lexington | $219.9K | $227.9K | +3.6% |
Lexington Township | $222.4K | $225K | +1.1% |
Housing Supply in Lexington, MI
How many homes are available in Lexington, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 22 | +46.7% |
Summary: The Lexington real estate market had 22 homes for sale in April 2024, a 46.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 7 | 12 | +71.4% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lexington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 71.4%, 4 bedroom homes remained the same, 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
150 Days | 70 Days | -53.2% |
Summary: Homes in Lexington had an average listing age of 70 days in Apr 2024, down by 53.2% compared to the previous year.