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LEXINGTON, VA 24450

Real Estate Market Report  ·  Rockbridge County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
60
⇧ 42.9% vs 42 last year
Pending
22
37% pending ratio
Median Price
$381,395
⇩ 13.1% vs $438,748 last year
Average Price
$517,342
⇩ 19.1% vs $639,295 last year
Days on Market
73
⇧ 15.9% vs 63 days last year

Market Context

Population: 17,214  ·  Density: 30.2/mi²  ·  Median household income: $75,704

Typical home value: $280,290  ·  Homeownership: 65.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LEXINGTON, VA real estate market (24450) currently shows 60 active listings, with 22 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 73 days on market compared to 63 days last year.

The median listing price has fallen 13.1% year-over-year, from $438,748 to $381,395.

Whether you are buying or selling in LEXINGTON, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 60 this year vs 42 last year
  • Days on market: 73 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $381,395 (-13.1% YoY)
  • Average: $517,342 (-19.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.2 miles — 154 listings ($108,389,604 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24450Lexington, VA 244500.0 mi60$31,040,520$381,395$517,342
24555Glasgow, VA 245558.5 mi5$1,964,835$165,000$392,967
24473Rockbridge Baths, VA 2447311.6 mi5$2,182,400$379,000$436,480
24579Natural Bridge Station, VA 2457913.3 mi2$1,398,000$699,000$699,000
24435Fairfield, VA 2443514.1 mi6$4,733,898$747,500$788,983
24474Selma, VA 2447416.9 mi3$720,000$240,000$240,000
24483Vesuvius, VA 2448317.3 mi5$29,862,500$5,972,500$5,972,500
24460Millboro, VA 2446017.9 mi3$495,000$165,000$165,000
24472Raphine, VA 2447220.5 mi11$7,066,279$569,500$642,389
24459Middlebrook, VA 2445922.1 mi4$2,292,000$573,000$573,000
24430Craigsville, VA 2443023.2 mi5$737,500$147,500$147,500
24090Fincastle, VA 2409025.9 mi18$14,716,350$541,200$817,575
24521Amherst, VA 2452126.2 mi27$11,180,322$354,450$414,086

Frequently Asked Questions

How many homes are for sale in LEXINGTON, VA 24450?

As of January 2026, there are 60 active listings in LEXINGTON, VA (zip code 24450), compared to 42 the prior year.

What is the median home price in LEXINGTON, VA 24450?

The median listing price in LEXINGTON, VA 24450 is $381,395 as of January 2026, a 13.1% decrease from $438,748 the prior year.

How long do homes stay on the market in LEXINGTON, VA?

Homes in LEXINGTON, VA 24450 spend an average of 73 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in LEXINGTON, VA 24450?

Based on current inventory and days-on-market data as of January 2026, LEXINGTON, VA 24450 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 73 days on market compared to 63 days last year.

How much can I save on real estate commission in LEXINGTON, VA?

With SELL123.com's maximum 3% commission, sellers in LEXINGTON, VA 24450 save an estimated $7,628 compared to a typical 5% commission on the median listing price of $381,395. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.