Market report, updated

Lexington Home Values and Market Report

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Report prepared by Pettwayrealestate.com Pettway Real Estate of Nest Realty

Market at a glance

Over the last 12 months, homes sold for 96.7% of list price in 170 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $573K Sold · $556K
$740K$580K$420K$260K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 8 sales in May. Last month: 7.

Where the market stands

All homes in this report, by status.

81homes
Active20 · 25%
Under contract2 · 2%
Sold (12 mo)59 · 73%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$453K
Under contract$304K
Sold$409K

Average days on market

Active78 days
Under contract310 days
Sold170 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 20
Average list price $452,810
Avg. days on market 78 days
Avg. price per ft² $215 Based on 15 of 20 homes
Avg. living area 2,538 ft² Based on 15 of 20 homes
Avg. beds / baths 3.5 / 2.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

5 homes didn’t report living area and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 15 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

5 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

321 Main St S$370
311 Higgins Hollow Rd$331
802 Borden Rd$312
129 Thoroughbred Cir$279
1755 Still House Dr$247
40 Monte Carlo Dr$241
63 Woodridge Ln$236

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
114 E Henry StLexington, VA 24450 522,058$360,000$1745 days
802 Borden RdLexington, VA 24450 473,581$1,120,000$3125 days
149 Appalachian RiseLexington, VA 24450 343,456$395,000$11430 days
Tbd Skyhigh Ln Unit Lot 9Lexington, VA 24450 442,968$685,000$23025 days
311 Higgins Hollow RdLexington, VA 24450 321,888$625,000$33130 days
42 Bikah LnLexington, VA 24450 544,576$375,000$8129 days
Tbd Owl LnLexington, VA 24450 ———$99,000—32 days
407 Carruthers StLexington, VA 24450 411,530$130,000$8432 days
1755 Still House DrLexington, VA 24450 333,938$975,000$24736 days
Tbd Bunker Hill Mill RdLexington, VA 24450 ———$134,000—40 days
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Questions about this market?

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