Call or Text (240) SELL-123

LEXINGTON, VA 24450

Real Estate Market Report  ·  Rockbridge County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LEXINGTON, VA real estate market (24450) currently shows 64 active listings, with 29 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.

The median listing price has risen 6% year-over-year, from $384,000 to $407,125.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LEXINGTON, VA 24450 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

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

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

Market Overview

Active Listings
64
⇧ 64.1% vs 39 last year
Pending
29
45% pending ratio
Median Price
$407,125
⇧ 6% vs $384,000 last year
Average Price
$511,936
⇩ 10.8% vs $574,020 last year
Days on Market
66
vs 66 days last year

Price Per Square Foot

Median $/sqft
$225
⇧ 14.8% vs $196/sqft last year
Median Home Size
1,883 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 64 this year vs 39 last year
  • Days on market: 66 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $407,125 (+6% YoY)
  • Average: $511,936 (-10.8% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.2 miles — 141 listings ($92,078,766 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24450Lexington, VA 244500.0 mi57$30,100,902$389,554$528,086
24555Glasgow, VA 245558.5 mi4$2,048,000$512,000$512,000
24473Rockbridge Baths, VA 2447311.6 mi7$3,858,050$575,000$551,150
24579Natural Bridge Station, VA 2457913.3 mi2$1,398,000$699,000$699,000
24435Fairfield, VA 2443514.1 mi10$6,345,760$622,450$634,576
24474Selma, VA 2447416.9 mi2$440,000$220,000$220,000
24483Vesuvius, VA 2448317.3 mi4$23,890,000$5,972,500$5,972,500
24460Millboro, VA 2446017.9 mi2$330,000$165,000$165,000
24472Raphine, VA 2447220.5 mi10$6,919,440$629,000$691,944
24459Middlebrook, VA 2445922.1 mi2$1,146,000$573,000$573,000
24430Craigsville, VA 2443023.2 mi5$716,665$135,000$143,333
24440Greenville, VA 2444025.3 mi3$877,350$292,450$292,450
24521Amherst, VA 2452126.2 mi33$14,008,599$363,175$424,503

Frequently Asked Questions

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

As of March 2026, there are 64 active listings in LEXINGTON, VA (zip code 24450), compared to 39 the prior year.

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

The median listing price in LEXINGTON, VA 24450 is $407,125 as of March 2026, a 6% increase from $384,000 the prior year.

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

Homes in LEXINGTON, VA 24450 spend an average of 66 days on the market before going under contract, compared to 66 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 March 2026, LEXINGTON, VA 24450 is currently a Balanced Market. Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.

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 $8,143 compared to a typical 5% commission on the median listing price of $407,125. 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.