#914781, Listing Office: LEXINGTON REAL ESTATE CONNECTION
Lexington Housing Market Report February 2025•Rockbridge County, Virginia
Housing Prices in Lexington, VA
How much do homes in Lexington, VA cost?
Median List Price
Based on all homes listed in the last 12 months
The list price of homes in Lexington has decreased by 3.1% since last year.
Summary: The median home list price in Lexington was $412,000 in February 2025, down 3.1% from the previous year, and the median price per square foot was $184.
Median List Price By Cities
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
Buffalo | $425K | $499K | +17.4% |
Walkers Creek | $407K | $449K | +10.3% |
Lexington | $425K | $412K | -3.1% |
Lexington | $425K | $412K | -3.1% |
Kerrs Creek | $465K | $435K | -6.5% |
Median List Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $299.9K | - | N/A |
22 Bedrooms | $379K | $185K | -51.2% |
33 Bedrooms | $364.9K | $365K | 0.0% |
44 Bedrooms | $465K | $565K | +21.5% |
55+ Bedrooms | $689K | $694K | +0.7% |
Summary: Lexington housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -51.2%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +21.5%. The home price for 5 bedroom homes increased by +0.7%.
Housing supply in Lexington, VA
How many homes are available in Lexington, VA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
12Last MonthFeb 2025 | ||
152 months agoJan 2025 | -20.0 % Change MoMJan – Feb |
Summary: The Lexington real estate market had 12 homes for sale in Feb 2025, a 20.0 % decrease compared to Jan 2025.
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 4 | 2 | -50.0% |
33 Bedrooms | 6 | 6 | 0.0% |
44 Bedrooms | 2 | 2 | 0.0% |
55+ Bedrooms | 3 | 2 | -33.3% |
Summary: Lexington housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Lexington, VA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
If you're buying a home in Lexington, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Lexington in February 2025, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Lexington, VA
How long does it take to sell a home in Lexington, VA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Most homes in Lexington are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 1 homes were sold in Lexington; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Listing Age
This Year | 1 year ago | Change YoY |
---|---|---|
124 DaysThis YearFeb 2025 | ||
179 Days1 year agoFeb 2024 | -30.7 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Lexington had an average listing age of 124 days in Feb 2025, down by 30.7% compared to the previous year.
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Newest Listings in Lexington, VA
What homes are available in Lexington, VA?
Nearby markets
Nearby markets aren't available for Lexington, VA
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MLS Disclaimers and Copyright
Based on information from Harrisonburg-Rockingham Association of Realtors MLS, Roanoke Valley Association of Realtors MLS, BrightMLS, and Lynchburg MLS for the period 03/01/2023 - 03/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 2:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.
All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 2:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.