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Sarah Mitchell

CNESRESABR

Compass Real Estate · Lexington Park, MD

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

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

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Lexington Park, MD Housing Market & Real Estate

Seller's market+4.5% YoY

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?

Seller's market2.5 months of supply52 avg. days on 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?

Current housing market statistics for Lexington Park, MD
MetricValue
Median sale price$435,000
Median list price$387,000
Year-over-year price change+4.5%
Average days on market52 days
Active inventory28 listings
Months of supply2.5 months
Sale-to-list price ratio101.5%
Median price per sq ft$182/sq ft
Homes sold (latest month)11
New listings (latest month)18
Listings with a price cut28.6%
Market conditionSeller'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.

Median price, price per square foot, homes sold and days on market by property type in Lexington Park, MD
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$438,000$182/sq ft952 days
Condo / Co-op$140,000$157/sq ft1368 days
Townhouse$217,500$228/sq ft248 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

Price drops:28.6%of listings
Sale-to-list:101.5%

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

Public

Esperanza Middle

Grades 6-8 · 842 students

Public

Chesapeake Charter School

Grades K-8 · 540 students

Charter

Green Holly Elementary School

Grades PK-5 · 500 students

Public

Lexington Park Elementary

Grades PK-5 · 418 students

Public

Town Creek Elementary

Grades PK-5 · 223 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 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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