The Downtown Lexington Park housing market is very competitive. The median sale price of a home in Downtown Lexington Park was $249K last month, down 6.1% since last year. The median sale price per square foot in Downtown Lexington Park is $127, down 15.0% since last year.
What is the housing market like in Downtown Lexington Park today?
In March 2024, Downtown Lexington Park home prices were down 6.1% compared to last year, selling for a median price of $249K. On average, homes in Downtown Lexington Park sell after 26 days on the market compared to 86 days last year. There were 10 homes sold in March this year, down from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$248,750
-6.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Lexington Park, MD
$248,750
-6.1%
United States
To compare other locations to the Downtown Lexington Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lexington Park add value to a home.
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How hot is the Downtown Lexington Park housing market?
Downtown Lexington Park is very competitive. Homes sell in 35 days.
0
100
74
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 35 days.
Hot homes
can sell for about 2% above list price and go pending in around 11 days.
Learn about schools in the Downtown Lexington Park area
Elementary
Middle
High
GreatSchools Rating
4/10
Lexington Park Elementary School
Public • PreK-5
519
Students
8 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Lexington Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Lexington Park.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Lexington Park has a moderate risk of flooding. 105 properties in Downtown Lexington Park are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Downtown Lexington Park. Flood risk is increasing slower than the national average.
92% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Lexington Park has a moderate risk of wildfire. There are 1,207 properties in Downtown Lexington Park that have some risk of being affected by wildfire over the next 30 years. This represents 92% of all properties in Downtown Lexington Park.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Lexington Park has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Lexington Park is most at risk from hurricanes. 1,303 properties in Downtown Lexington Park have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 95 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 109 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Downtown Lexington Park has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Lexington Park have an Extreme Heat Factor®.
Downtown Lexington Park is expected to see a 171% increase in the number of days over 100ºF over the next 30 years. Downtown Lexington Park is expected to experience 9