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LEXINGTON, VA 24450

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The LEXINGTON, VA real estate market (24450) currently shows 81 active listings, with 30 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are selling faster, averaging 45 days on market compared to 49 days last year.

The median listing price has risen 5.3% year-over-year, from $426,500 to $449,000.

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 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
81
⇧ 42.1% vs 57 last year
Pending
30
37% pending ratio
Median Price
$449,000
⇧ 5.3% vs $426,500 last year
Average Price
$538,191
⇩ 12.8% vs $616,858 last year
Days on Market
45
⇩ 8.2% vs 49 days last year

Price Per Square Foot

Median $/sqft
$230
⇧ 5% vs $219/sqft last year
Median Home Size
1,966 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 81 this year vs 57 last year
  • Days on market: 45 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $449,000 (+5.3% YoY)
  • Average: $538,191 (-12.8% 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 June 2026, there are 81 active listings in LEXINGTON, VA (zip code 24450), compared to 57 the prior year.

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

The median listing price in LEXINGTON, VA 24450 is $449,000 as of June 2026, a 5.3% increase from $426,500 the prior year.

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

Homes in LEXINGTON, VA 24450 spend an average of 45 days on the market before going under contract, compared to 49 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 June 2026, LEXINGTON, VA 24450 is currently a Balanced Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 49 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 $8,980 compared to a typical 5% commission on the median listing price of $449,000. 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.