Lexington, MA Home Values & Market Trends
Real estate market trends reflect that there have been 427 transactions over the past year in Lexington. The median value for residential home transactions that occurred over the previous year is $1,404,978.37. The number of current listings in Lexington is 23, and the percentage of properties for sale in the city is 23.00%. Lexington, MA currently has 6 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 23 properties for sale.
Lexington, MA Real Estate Market Overview
Housing Market Summary for Lexington, MA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $1.9M | $1.3M | -35.64% |
| Median Sold Price | $1.3M | $1.3M | 0.40% |
| Homes For Sale | 23 | 25 | 8.70% |
| Homes Sold | 150 | 153 | 2.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lexington, MA
Browse Homes in Lexington, MA
Lexington home values range from $29,862 to $9,569,311. The median estimated value of a home in Lexington is $1,404,978.37. The median list price of a home is 1,950,000, and the total count of properties in the city is 10,370.
- Pre-ForeclosurePre-foreclosure homes account for 0.03% of all residential properties in Lexington, MA with 02420 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Lexington, MA; of those zips, the estimated home value for pre-foreclosure homes ranges from $2,520,194 in 02421 to the lowest home value of $1,571,250 in 02420.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lexington, MA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lexington, MA. There are 2 zips within Lexington, MA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions02420 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Lexington, MA. Auction homes and other auction properties account for 0.03% of all properties in Lexington, MA. There are 2 zips within Lexington, MA; of those zips, the median estimated home value for homes going to auction ranges from $1,806,493 in 02420 to the lowest value of $499,403 in 02420.
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Guide for Lexington, MA
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