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Featured local agent — Lexington Park, MD
Sarah Mitchell
Compass Real Estate · Lexington Park, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lexington Park, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$435,000median sale price
How is the Lexington Park, MD housing market right now?
The median home sale price in Lexington Park, MD is $435,000, up 4.5% year-over-year. Homes sell in an average of 52 days with 28 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lexington Park a buyer's or seller's market?
Lexington Park, MD is currently a seller's market, based on 2.5 months of supply and homes selling in about 52 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
52
Average pace
Active listings
28
2.5 months supply
Sale-to-list
101.5%
Above asking
What does the Lexington Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $435,000 |
| Median list price | $387,000 |
| Year-over-year price change | +4.5% |
| Average days on market | 52 days |
| Active inventory | 28 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 101.5% |
| Median price per sq ft | $182/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 18 |
| Listings with a price cut | 28.6% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lexington Park by property type?
How the Lexington Park, MD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $438,000 | $182/sq ft | 9 | 52 days |
| Condo / Co-op | $140,000 | $157/sq ft | 1 | 368 days |
| Townhouse | $217,500 | $228/sq ft | 2 | 48 days |
Source: Redfin · Updated monthly
The Lexington Park housing market is currently classified as a seller's market with a median sale price of $435,000. Prices have risen 4.5% compared to last year, with homes spending an average of 52 days on market, indicating 2.5 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 4.4x provides context for how home values compare to local earning capacity.
Homes for sale in Lexington Park
There are currently 28 homes listed for sale in Lexington Park, Maryland. The median listing price is $387K.
Active listings
28
Homes on market
Median list price
$387K
Avg. days on market
52
Days until sale
New this week
18
Newly listed
Who lives in Lexington Park?
Population
13,419
Median income
$89,167/yr
Median age
31.4 years
Owner-occupied
44.8%
College grads
37.6%
Avg commute
20.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Lexington Park?
Zillow home value
$392,148
Zillow rent index
$1,728/mo
Price-to-rent ratio
18.9x
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in Lexington Park?
Lexington Park is a community of approximately 13K residents with a median age of 31.4 years.The median household income is $89,167, which reflects a relatively affluent area with strong earning potential. 37.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 44.8%, showing a blend of owner and renter-occupied properties. The average commute time is 20.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lexington Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lexington Park?
6 schools tracked · 3,483 students
The largest public schools serving Lexington Park, MD 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.
Spring Ridge Middle
Grades 6-8 · 960 students
Esperanza Middle
Grades 6-8 · 842 students
Chesapeake Charter School
Grades K-8 · 540 students
Green Holly Elementary School
Grades PK-5 · 500 students
Lexington Park Elementary
Grades PK-5 · 418 students
Town Creek Elementary
Grades PK-5 · 223 students
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 Park, MD?
Want a head-to-head view? Compare Lexington Park side-by-side with any other U.S. city using our market-comparison tool.
Is Lexington Park a good real estate investment market?
For investors evaluating Lexington Park, the price-to-rent ratio of 18.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 4.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lexington Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lexington Park's median home price.
Frequently asked questions
What is the average home price in Lexington Park?
The median home sale price in Lexington Park is $435,000, up 4.5% from last year.
How long do homes stay on market in Lexington Park?
Homes typically spend 52 days on market before going under contract.
What is the median income in Lexington Park?
The median household income is $89,167 per year.
Is Lexington Park a buyer's or seller's market?
With 2.5 months of supply, Lexington Park is currently a seller's market.
What is the Zillow home value estimate for Lexington Park?
The Zillow Home Value Index (ZHVI) for Lexington Park is $392,148, representing the typical home value in the area.
What is the median condo price in Lexington Park?
The median condo/co-op sale price in Lexington Park, MD is $140,000, compared to $438,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lexington Park?
The median single-family home price in Lexington Park, MD is $438,000 (about $182 per square foot).
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