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Featured local agent — Lexington, AL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Lexington, AL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lexington, AL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lexington, AL Housing Market & Real Estate

Leaning buyer's

Housing market overview · Updated monthly ·

$150,000median sale price

How is the Lexington, AL housing market right now?

The median home sale price in Lexington, AL is $150,000. Homes sell in an average of 99 days with 4 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Lexington a buyer's or seller's market?

Leaning buyer's4.0 months of supply99 avg. days on market

Lexington, AL is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 99 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

99

Average pace

Active listings

4

4.0 months supply

Sale-to-list

100.0%

Above asking

What does the Lexington housing market data show?

Current housing market statistics for Lexington, AL
MetricValue
Median sale price$150,000
Average days on market99 days
Active inventory4 listings
Months of supply4.0 months
Sale-to-list price ratio100.0%
Median price per sq ft$140/sq ft
Homes sold (latest month)1
Listings with a price cut25.0%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Lexington by property type?

How the Lexington, AL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Lexington, AL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$150,000$140/sq ft199 days

Source: Redfin · Updated monthly

The Lexington housing market is currently classified as a leaning buyer's with a median sale price of $150,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 99 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Lexington

There are currently 4 homes listed for sale in Lexington, Alabama.

Active listings

4

Homes on market

Avg. days on market

99

Days until sale

Price drops:25.0%of listings
Sale-to-list:100.0%

Who lives in Lexington?

Population

665

Median income

$56,354/yr

Median age

36.1 years

Owner-occupied

63.1%

College grads

14.4%

Avg commute

37.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Lexington?

Zillow home value

$214,410

Price-to-income

3.8x

Source: Zillow Research

What is it like to live in Lexington?

Lexington is a community of approximately 1K residents with a median age of 36.1 years.The median household income is $56,354, which represents a working-class community with solid middle-income opportunities. 14.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 63.1%, showing a blend of owner and renter-occupied properties. The average commute time is 37.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lexington offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Lexington?

2 schools tracked · 830 students

The largest public schools serving Lexington, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Lexington Elementary School

Grades PK-6 · 443 students

Public

Lexington High School

Grades 7-12 · 387 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Lexington, AL?

Want a head-to-head view? Compare Lexington side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Lexington?

The median home sale price in Lexington is $150,000, down 0.0% from last year.

How long do homes stay on market in Lexington?

Homes typically spend 99 days on market before going under contract.

What is the median income in Lexington?

The median household income is $56,354 per year.

Is Lexington a buyer's or seller's market?

With 4.0 months of supply, Lexington is currently a leaning buyer's.

What is the Zillow home value estimate for Lexington?

The Zillow Home Value Index (ZHVI) for Lexington is $214,410, representing the typical home value in the area.

How much does a single-family home cost in Lexington?

The median single-family home price in Lexington, AL is $150,000 (about $140 per square foot).

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