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Featured local agent — New Lexington, OH
Sarah Mitchell
Compass Real Estate · New Lexington, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Lexington, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$212,000median sale price
How is the New Lexington, OH housing market right now?
The median home sale price in New Lexington, OH is $212,000, up 19.5% year-over-year. Homes sell in an average of 85 days with 13 active listings. The market is currently a balanced 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 New Lexington a buyer's or seller's market?
New Lexington, OH is currently a balanced market, based on 4.3 months of supply and homes selling in about 85 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
85
Average pace
Active listings
13
4.3 months supply
Sale-to-list
100.0%
Above asking
What does the New Lexington housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $212,000 |
| Median list price | $190,000 |
| Year-over-year price change | +19.5% |
| Average days on market | 85 days |
| Active inventory | 13 listings |
| Months of supply | 4.3 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $146/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 7 |
| Listings with a price cut | 30.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in New Lexington by property type?
How the New 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 | $212,000 | $146/sq ft | 3 | 85 days |
Source: Redfin · Updated monthly
The New Lexington housing market is currently classified as a balanced market with a median sale price of $212,000. Prices have risen 19.5% compared to last year, with homes spending an average of 85 days on market, indicating 4.3 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 New Lexington
There are currently 13 homes listed for sale in New Lexington, Ohio. The median listing price is $190K.
Active listings
13
Homes on market
Median list price
$190K
Avg. days on market
85
Days until sale
New this week
7
Newly listed
Who lives in New Lexington?
Population
4,479
Median income
$43,447/yr
Median age
34.6 years
Owner-occupied
48.0%
College grads
8.9%
Avg commute
26.1 min
Source: U.S. Census Bureau ACS
What are homes worth in New Lexington?
Zillow home value
$191,636
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in New Lexington?
New Lexington is a community of approximately 4K residents with a median age of 34.6 years.The median household income is $43,447, which represents a working-class community with solid middle-income opportunities. 8.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 48.0%, showing a blend of owner and renter-occupied properties. The average commute time is 26.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Lexington offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve New Lexington?
3 schools tracked · 1,348 students
The largest public schools serving New 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.
New Lexington High School
Grades 9-12 · 506 students
New Lexington Elementary School
Grades PK-5 · 453 students
New Lexington Middle School
Grades 6-8 · 389 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 New Lexington, OH?
Want a head-to-head view? Compare New 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 New Lexington?
The median home sale price in New Lexington is $212,000, up 19.5% from last year.
How long do homes stay on market in New Lexington?
Homes typically spend 85 days on market before going under contract.
What is the median income in New Lexington?
The median household income is $43,447 per year.
Is New Lexington a buyer's or seller's market?
With 4.3 months of supply, New Lexington is currently a balanced market.
What is the Zillow home value estimate for New Lexington?
The Zillow Home Value Index (ZHVI) for New Lexington is $191,636, representing the typical home value in the area.
How much does a single-family home cost in New Lexington?
The median single-family home price in New Lexington, OH is $212,000 (about $146 per square foot).
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