#73336588, Keri Caron, Listing Office: William Raveis R.E. & Home Services
Lexington Housing Market Report January 2025•Middlesex County, Massachusetts
Housing Prices in Lexington, MA
How much do homes in Lexington, MA cost?
Housing Market Conditions
Is Lexington, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lexington is a Seller's Market
Difference Since January 2024
Since last year, Lexington has remained a Seller's Market.
Lexington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Lexington have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Lexington was $1,600,000 in January 2025, up 6.5% from last year, and the median price per square foot was $560.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Belmont | $1.2M | $1.3M | +9.5% |
Winchester | $1.3M | $1.4M | +8.7% |
Lexington | $1.5M | $1.6M | +6.5% |
Arlington | $1.0M | $1.0M | +2.2% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $344.4K | $517.5K | +50.3% |
22 Bedrooms | $760K | $705K | -7.2% |
33 Bedrooms | $1.0M | $1.1M | +4.2% |
44 Bedrooms | $1.4M | $1.5M | +2.1% |
55+ Bedrooms | $2.3M | $2.5M | +8.8% |
Summary: Lexington housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +50.3%. The home price for 2 bedroom homes decreased by -7.2%. The home price for 3 bedroom homes increased by +4.2%. The home price for 4 bedroom homes increased by +2.1%. The home price for 5 bedroom homes increased by +8.8%.
Housing supply in Lexington, MA
How many homes are available in Lexington, MA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
51Last MonthJan 2025 | ||
492 months agoDec 2024 | +4.1 % Change MoMDec – Jan |
Summary: The Lexington real estate market had 51 homes for sale in Jan 2025, a 4.1 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
11Last MonthJan 2025 | ||
202 months agoDec 2024 | -45.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 0 | -100.0% |
22 Bedrooms | 1 | 3 | +200.0% |
33 Bedrooms | 10 | 8 | -20.0% |
44 Bedrooms | 14 | 10 | -28.6% |
55+ Bedrooms | 23 | 30 | +30.4% |
Summary: Lexington housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes increased by +200.0%. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes decreased by -28.6%. The inventory for 5 bedroom homes increased by +30.4%.
Asking Price vs. Sold Price
How much do homes in Lexington, MA cost?
Over Asking Price4 Homes
At Asking Price1 Home
Under Asking Price6 Homes
If you're buying a home in Lexington, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Lexington in January 2025, down by 45.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 9% were sold at asking, and and 36% were sold over asking.
Days on Market for Lexington, MA
How long does it take to sell a home in Lexington, MA?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days4 Homes
Over 90 Days0 Home
Many homes in Lexington are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 11 homes were sold in Lexington; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
28 DaysThis YearJan 2025 | ||
52 Days1 year agoJan 2024 | -45.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Lexington had an average listing age of 28 days in Jan 2025, down by 45.8% compared to the previous year.
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Newest Listings in Lexington, MA
What homes are available in Lexington, MA?
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 02/01/2023 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 4:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.