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LEXINGTON, IN 47138

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

Market Overview

Active Listings
16
⇧ 166.7% vs 6 last year
Pending
3
19% pending ratio
Median Price
$309,900
⇧ 39.3% vs $222,400 last year
Average Price
$364,873
⇧ 64.9% vs $221,333 last year
Days on Market
114
⇧ 123.5% vs 51 days last year

Market Context

Population: 5,038  ·  Density: 26.0/mi²  ·  Median household income: $70,913

Typical home value: $170,858  ·  Homeownership: 89.3%

Market Analysis

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

The LEXINGTON, IN real estate market (47138) currently shows 16 active listings, with 3 pending sales. Homes are averaging 114 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 114 days on market compared to 51 days last year.

The median listing price has risen 39.3% year-over-year, from $222,400 to $309,900.

Whether you are buying or selling in LEXINGTON, IN, 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: 16 this year vs 6 last year
  • Days on market: 114 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $309,900 (+39.3% YoY)
  • Average: $364,873 (+64.9% 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 20.9 miles — 219 listings ($94,784,667 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47138Lexington, IN 471380.0 mi16$5,837,968$309,900$364,873
47147Nabb, IN 471476.9 mi2$909,900$454,950$454,950
47141Marysville, IN 471419.2 mi5$1,718,000$342,200$343,600
47163Otisco, IN 4716310.7 mi5$2,208,750$407,000$441,750
47102Austin, IN 4710211.8 mi31$5,475,623$177,000$176,633
47104Bethlehem, IN 4710412.8 mi1$270,000$270,000$270,000
47126Henryville, IN 4712613.4 mi28$12,053,776$399,999$430,492
47227Commiskey, IN 4722713.7 mi1$144,900$144,900$144,900
40077Westport, KY 4007715.3 mi4$769,800$219,950$192,450
47231Dupont, IN 4723115.8 mi2$594,000$297,000$297,000
47229Crothersville, IN 4722916.7 mi11$2,006,851$164,900$182,441
40026Goshen, KY 4002618.0 mi16$11,669,600$639,000$729,350
40031La Grange, KY 4003120.9 mi97$51,125,499$412,500$527,067

Frequently Asked Questions

How many homes are for sale in LEXINGTON, IN 47138?

As of January 2026, there are 16 active listings in LEXINGTON, IN (zip code 47138), compared to 6 the prior year.

What is the median home price in LEXINGTON, IN 47138?

The median listing price in LEXINGTON, IN 47138 is $309,900 as of January 2026, a 39.3% increase from $222,400 the prior year.

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

Homes in LEXINGTON, IN 47138 spend an average of 114 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in LEXINGTON, IN 47138?

Based on current inventory and days-on-market data as of January 2026, LEXINGTON, IN 47138 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 114 days on market compared to 51 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEXINGTON, IN 47138 save an estimated $6,198 compared to a typical 5% commission on the median listing price of $309,900. 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.