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Eastern Shores

LEXINGTON, TN 38351

Real Estate Market Report  ·  Henderson County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LEXINGTON, TN real estate market (38351) currently shows 65 active listings, with 18 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 85 days on market compared to 82 days last year.

The median listing price has risen 44.1% year-over-year, from $266,900 to $384,634.

Whether you are buying or selling in LEXINGTON, TN, 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: 18,210  ·  Density: 33.8/mi²  ·  Median household income: $52,933

Typical home value: $147,503  ·  Homeownership: 66.8%

Market Overview

Active Listings
65
⇧ 3.2% vs 63 last year
Pending
18
28% pending ratio
Median Price
$384,634
⇧ 44.1% vs $266,900 last year
Average Price
$395,169
⇧ 12.2% vs $352,114 last year
Days on Market
85
⇧ 3.7% vs 82 days last year

Price Per Square Foot

Median $/sqft
$171
⇧ 9.6% vs $156/sqft last year
Median Home Size
2,228 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 65 this year vs 63 last year
  • Days on market: 85 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $384,634 (+44.1% YoY)
  • Average: $395,169 (+12.2% 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 22.6 miles — 411 listings ($162,884,115 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38351Lexington, TN 383510.0 mi63$24,408,909$346,250$387,443
38388Wildersville, TN 383889.3 mi1$249,900$249,900$249,900
38368Reagan, TN 3836811.5 mi10$4,550,570$399,900$455,057
38390Yuma, TN 3839012.2 mi3$1,143,675$381,225$381,225
38321Cedar Grove, TN 3832113.7 mi9$5,106,465$452,475$567,385
38374Scotts Hill, TN 3837414.1 mi5$1,667,000$230,000$333,400
38363Parsons, TN 3836316.5 mi32$10,092,096$222,250$315,378
38371Sardis, TN 3837117.6 mi4$1,915,616$435,475$478,904
38348Lavinia, TN 3834819.9 mi1$140,000$140,000$140,000
38305Jackson, TN 3830520.6 mi231$96,607,203$345,000$418,213
38344Huntingdon, TN 3834421.7 mi43$13,683,202$293,175$318,214
38362Oakfield, TN 3836221.8 mi3$889,401$299,900$296,467
38380Sugar Tree, TN 3838022.6 mi6$2,430,078$384,250$405,013

Frequently Asked Questions

How many homes are for sale in LEXINGTON, TN 38351?

As of March 2026, there are 65 active listings in LEXINGTON, TN (zip code 38351), compared to 63 the prior year.

What is the median home price in LEXINGTON, TN 38351?

The median listing price in LEXINGTON, TN 38351 is $384,634 as of March 2026, a 44.1% increase from $266,900 the prior year.

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

Homes in LEXINGTON, TN 38351 spend an average of 85 days on the market before going under contract, compared to 82 days the prior year.

Is it a seller's or buyer's market in LEXINGTON, TN 38351?

Based on current inventory and days-on-market data as of March 2026, LEXINGTON, TN 38351 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 82 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEXINGTON, TN 38351 save an estimated $7,693 compared to a typical 5% commission on the median listing price of $384,634. 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.