Lexington, MA Housing Market
The Lexington housing market is very competitive. Homes in Lexington receive 7 offers on average and sell in around 19 days. The median sale price of a home in Lexington was $1.7M last month, down 1.2% since last year. The median sale price per square foot in Lexington is $544, up 0.0% since last year.
Lexington Housing Market Trends
In April 2024, Lexington home prices were down 1.2% compared to last year, selling for a median price of $1.7M. On average, homes in Lexington sell after 19 days on the market compared to 14 days last year. There were 31 homes sold in April this year, up from 27 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lexington housing market?
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 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 4% above list price and go pending in around 17 days.
- Hot homescan sell for about 13% above list price and go pending in around 9 days.
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 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 5% above list price and go pending in around 13 days.
- Hot homescan sell for about 12% above list price and go pending in around 8 days.
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 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 17 days.
- Hot homescan sell for about 8% above list price and go pending in around 12 days.
Lexington Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Lexington from outside metros.
- New York homebuyers searched to move into Lexington more than any other metro followed by Hartford and San Francisco.
- 82% of Lexington homebuyers searched to stay within the Lexington metropolitan area.
- Portland was the most popular destination among Lexington homebuyers followed by Miami and Lebanon.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,037 | ||
2 | 1,440 | ||
3 | 381 | ||
4 | 298 | ||
5 | 198 | ||
6 | 140 | ||
7 | 128 | ||
8 | 17 | ||
9 | 12 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,083 | ||
2 | 1,620 | ||
3 | 1,584 | ||
4 | 983 | ||
5 | 954 | ||
6 | 888 | ||
7 | 785 | ||
8 | 663 | ||
9 | 360 | ||
10 | 346 |
Home offer insights for Lexington
Recent offers
View houses in Lexington that sold recently
Recently sold homes
- $2,999,000 Last Sold Price5 beds6.5 baths5,085 sq ft1102 Massachusetts Ave, Lexington, MA 02420List Price$2,999,000Sale to List0% over listDays on Market91 days1102 Massachusetts Ave, Lexington, MA 02420
- $1,415,000 Last Sold Price3 beds2.5 baths1,962 sq ft3 Tower Rd, Lexington, MA 02421List Price$1,200,000Sale to List18% over listDays on Market60 days3 Tower Rd, Lexington, MA 02421
- $1,480,000 Last Sold Price3 beds1.5 baths1,948 sq ft8 Appletree Ln, Lexington, MA 02420Redfin Corp.List Price$1,300,000Sale to List14% over listDays on Market36 days8 Appletree Ln, Lexington, MA 02420
- $2,200,000 Last Sold Price4 beds4 baths4,248 sq ft4 Childs Rd, Lexington, MA 02421List Price$2,198,000Sale to List0% over listDays on Market36 days4 Childs Rd, Lexington, MA 02421
- $1,149,000 Last Sold Price3 beds1.5 baths1,906 sq ft30-A Watertown St, Lexington, MA 02421List Price$1,149,000Sale to List0% over listDays on Market78 days30-A Watertown St, Lexington, MA 02421
- $3,775,000 Last Sold Price5 beds5.5 baths5,758 sq ft16 Bloomfield St, Lexington, MA 02421List Price$3,495,000Sale to List8% over listDays on Market35 days16 Bloomfield St, Lexington, MA 02421
- $1,140,000 Last Sold Price4 beds4 baths2,630 sq ft229 Bedford St, Lexington, MA 02420List Price$1,399,000Sale to List19% under listDays on Market28 days229 Bedford St, Lexington, MA 02420
- $1,450,000 Last Sold Price4 beds2.5 baths2,754 sq ft28 Spring St, Lexington, MA 02421List Price$1,250,000Sale to List16% over listDays on Market29 days28 Spring St, Lexington, MA 02421
See all recently sold homes in Lexington.
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Schools in Lexington
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Harrington Elementary School Public • K-5 | 446 Students | 8 reviews |
10/10 Maria Hastings Elementary School Public • K-5 | 565 Students | 8 reviews |
9/10 Joseph Estabrook Elementary School Public • K-5 | 522 Students | 7 reviews |
9/10 Bridge Elementary School Public • K-5 | 400 Students | 8 reviews |
9/10 Bowman Elementary School Public • K-5 | 470 Students | 6 reviews |
Climate's impact on Lexington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lexington.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Lexington
Walk Score®
Bike Score®
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