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Eastern Shores

LEXINGTON, TN 38351

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

Market Overview

Active Listings
63
⇧ 12.5% vs 56 last year
Pending
15
24% pending ratio
Median Price
$299,900
⇧ 3.4% vs $290,000 last year
Average Price
$355,839
⇩ 7.7% vs $385,547 last year
Days on Market
116
⇧ 23.4% vs 94 days last year

Market Context

Population: 18,210  ·  Density: 33.8/mi²  ·  Median household income: $52,933

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

Market Analysis

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

The LEXINGTON, TN real estate market (38351) currently shows 63 active listings, with 15 pending sales. Homes are averaging 116 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 116 days on market compared to 94 days last year.

The median listing price has risen 3.4% year-over-year, from $290,000 to $299,900.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 63 this year vs 56 last year
  • Days on market: 116 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $299,900 (+3.4% YoY)
  • Average: $355,839 (-7.7% 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 22.6 miles — 435 listings ($168,952,891 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38351Lexington, TN 383510.0 mi63$22,417,857$299,900$355,839
38388Wildersville, TN 383889.3 mi2$628,400$314,200$314,200
38368Reagan, TN 3836811.5 mi9$4,318,740$399,950$479,860
38390Yuma, TN 3839012.2 mi3$1,154,850$384,950$384,950
38321Cedar Grove, TN 3832113.7 mi10$5,389,900$420,000$538,990
38374Scotts Hill, TN 3837414.1 mi6$1,897,002$225,000$316,167
38363Parsons, TN 3836316.5 mi30$8,832,060$220,000$294,402
38371Sardis, TN 3837117.6 mi6$2,198,280$179,900$366,380
38348Lavinia, TN 3834819.9 mi2$280,000$140,000$140,000
38305Jackson, TN 3830520.6 mi250$103,191,500$344,450$412,766
38344Huntingdon, TN 3834421.7 mi43$14,488,420$297,000$336,940
38362Oakfield, TN 3836221.8 mi4$1,225,332$309,000$306,333
38380Sugar Tree, TN 3838022.6 mi7$2,930,550$384,250$418,650

Frequently Asked Questions

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

As of January 2026, there are 63 active listings in LEXINGTON, TN (zip code 38351), compared to 56 the prior year.

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

The median listing price in LEXINGTON, TN 38351 is $299,900 as of January 2026, a 3.4% increase from $290,000 the prior year.

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

Homes in LEXINGTON, TN 38351 spend an average of 116 days on the market before going under contract, compared to 94 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 January 2026, LEXINGTON, TN 38351 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 116 days on market compared to 94 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 $5,998 compared to a typical 5% commission on the median listing price of $299,900. 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.