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LEXINGTON, MI 48450

Real Estate Market Report  ·  Sanilac County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The LEXINGTON, MI real estate market (48450) currently shows 71 active listings, with 10 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 73 days on market compared to 93 days last year.

The median listing price has risen 13.2% year-over-year, from $256,150 to $289,900.

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Market Context

Market Context

Population: 4,503  ·  Density: 79.5/mi²  ·  Median household income: $49,899

Typical home value: $180,451  ·  Homeownership: 81.1%

Market Overview

Active Listings
71
⇧ 7.6% vs 66 last year
Pending
10
14% pending ratio
Median Price
$289,900
⇧ 13.2% vs $256,150 last year
Average Price
$412,413
⇧ 15.4% vs $357,344 last year
Days on Market
73
⇩ 21.5% vs 93 days last year

Price Per Square Foot

Median $/sqft
$227
⇧ 6.6% vs $213/sqft last year
Median Home Size
1,419 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 71 this year vs 66 last year
  • Days on market: 73 now vs 93 last year

Median & Average Pricing

Year over Year
  • Median: $289,900 (+13.2% YoY)
  • Average: $412,413 (+15.4% 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 27.3 miles — 284 listings ($88,699,282 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48450Lexington, MI 484500.0 mi34$13,264,114$320,500$390,121
48032Jeddo, MI 480328.7 mi5$1,379,665$209,900$275,933
48059Fort Gratiot, MI 4805912.0 mi33$10,136,412$286,475$307,164
48419Carsonville, MI 4841913.5 mi14$3,585,008$199,975$256,072
48454Melvin, MI 4845414.4 mi3$952,269$317,423$317,423
48049North Street, MI 4804915.1 mi8$2,958,104$385,475$369,763
48060Port Huron, MI 4806019.4 mi88$20,501,360$178,675$232,970
48022Emmett, MI 4802220.7 mi5$1,357,180$263,000$271,436
48427Deckerville, MI 4842721.7 mi8$3,488,080$381,000$436,010
48416Brown City, MI 4841622.5 mi17$4,661,400$227,000$274,200
48014Capac, MI 4801425.2 mi7$2,750,328$395,000$392,904
48453Marlette, MI 4845325.6 mi11$2,661,318$242,425$241,938
48079Saint Clair, MI 4807927.3 mi51$21,004,044$377,400$411,844

Frequently Asked Questions

How many homes are for sale in LEXINGTON, MI 48450?

As of September 2026, there are 71 active listings in LEXINGTON, MI (zip code 48450), compared to 66 the prior year.

What is the median home price in LEXINGTON, MI 48450?

The median listing price in LEXINGTON, MI 48450 is $289,900 as of September 2026, a 13.2% increase from $256,150 the prior year.

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

Homes in LEXINGTON, MI 48450 spend an average of 73 days on the market before going under contract, compared to 93 days the prior year.

Is it a seller's or buyer's market in LEXINGTON, MI 48450?

Based on current inventory and days-on-market data as of September 2026, LEXINGTON, MI 48450 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 73 days on market compared to 93 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEXINGTON, MI 48450 save an estimated $5,798 compared to a typical 5% commission on the median listing price of $289,900. 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.