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Featured local agent — Lexa, AR
Sarah Mitchell
Compass Real Estate · Lexa, AR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lexa, AR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$15,000median sale price
How is the Lexa, AR housing market right now?
The median home sale price in Lexa, AR is $15,000. Homes sell in an average of 645 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2023 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lexa a buyer's or seller's market?
Lexa, AR is currently a buyer's market and homes selling in about 645 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
645
Average pace
Active listings
—
Sale-to-list
75.4%
Below asking
What does the Lexa housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $15,000 |
| Average days on market | 645 days |
| Sale-to-list price ratio | 75.4% |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Lexa by property type?
How the Lexa, AR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $15,000 | — | 1 | 645 days |
Source: Redfin · Updated monthly
The Lexa housing market is currently classified as a buyer's market with a median sale price of $15,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 645 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.4x provides context for how home values compare to local earning capacity.
Homes for sale in Lexa
Explore homes currently listed for sale in Lexa, Arkansas across major real estate platforms.
Who lives in Lexa?
Population
133
Median income
$45,804/yr
Median age
49.9 years
Owner-occupied
60.4%
College grads
2.5%
Avg commute
17.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Lexa?
Zillow home value
$111,386
Price-to-income
2.4x
Source: Zillow Research
What is it like to live in Lexa?
Lexa is a community of approximately 0K residents with a median age of 49.9 years.The median household income is $45,804, which represents a working-class community with solid middle-income opportunities. 2.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 60.4%, showing a blend of owner and renter-occupied properties. The average commute time is 17.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lexa offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lexa, AR?
Want a head-to-head view? Compare Lexa side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lexa?
The median home sale price in Lexa is $15,000, down 0.0% from last year.
How long do homes stay on market in Lexa?
Homes typically spend 645 days on market before going under contract.
What is the median income in Lexa?
The median household income is $45,804 per year.
What is the Zillow home value estimate for Lexa?
The Zillow Home Value Index (ZHVI) for Lexa is $111,386, representing the typical home value in the area.
How much does a single-family home cost in Lexa?
The median single-family home price in Lexa, AR is $15,000.
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