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Featured local agent — Lexington, OH
Sarah Mitchell
Compass Real Estate · Lexington, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lexington, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$245,000median sale price
How is the Lexington, OH housing market right now?
The median home sale price in Lexington, OH is $245,000, up 5.4% year-over-year. Homes sell in an average of 40 days with 10 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 a buyer's or seller's market?
Lexington, OH is currently a seller's market, based on 1.4 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
40
Average pace
Active listings
10
1.4 months supply
Sale-to-list
99.3%
Below asking
What does the Lexington housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $245,000 |
| Median list price | $242,400 |
| Year-over-year price change | +5.4% |
| Average days on market | 40 days |
| Active inventory | 10 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 99.3% |
| Median price per sq ft | $169/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 4 |
| Listings with a price cut | 20.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lexington by property type?
How the Lexington, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $245,000 | $169/sq ft | 7 | 40 days |
| Condo / Co-op | $300,000 | $147/sq ft | 1 | 76 days |
Source: Redfin · Updated monthly
The Lexington housing market is currently classified as a seller's market with a median sale price of $245,000. Prices have risen 5.4% compared to last year, with homes spending an average of 40 days on market, indicating 1.4 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 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Lexington
There are currently 10 homes listed for sale in Lexington, Ohio. The median listing price is $242K.
Active listings
10
Homes on market
Median list price
$242K
Avg. days on market
40
Days until sale
New this week
4
Newly listed
Who lives in Lexington?
Population
4,866
Median income
$56,068/yr
Median age
42 years
Owner-occupied
68.5%
College grads
25.0%
Avg commute
21.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Lexington?
Zillow home value
$250,872
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Lexington?
Lexington is a community of approximately 5K residents with a median age of 42 years.The median household income is $56,068, which represents a working-class community with solid middle-income opportunities. 25.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lexington offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lexington?
5 schools tracked · 2,251 students
The largest public schools serving Lexington, OH 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 High School
Grades 9-12 · 679 students
Eastern Elementary School
Grades 4-8 · 512 students
Lexington Junior High School
Grades 7-8 · 383 students
Central Elementary School
Grades 2-3 · 354 students
Western Elementary School
Grades K-3 · 323 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, OH?
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 $245,000, up 5.4% from last year.
How long do homes stay on market in Lexington?
Homes typically spend 40 days on market before going under contract.
What is the median income in Lexington?
The median household income is $56,068 per year.
Is Lexington a buyer's or seller's market?
With 1.4 months of supply, Lexington is currently a seller's market.
What is the Zillow home value estimate for Lexington?
The Zillow Home Value Index (ZHVI) for Lexington is $250,872, representing the typical home value in the area.
What is the median condo price in Lexington?
The median condo/co-op sale price in Lexington, OH is $300,000, compared to $245,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lexington?
The median single-family home price in Lexington, OH is $245,000 (about $169 per square foot).
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