Commercial Real Estate in Lexington NC for Sale and Rent

Frequently Asked Questions

How is the for sale real estate market for homes in Lexington NC?

In November of 2024, prices for Lexington, North Carolina homes for sale were up 40.0% compared to the previous year. The median sale price was $367,500; on average, they sold within 50 days compared to 38 days on market the previous year. There were 4 homes for sale in November 2024, an increase from 2 during the same month in the previous year.

How many homes are for sale in Lexington NC?

There are 32 homes in Lexington, North Carolina for sale. Last month, there were 6 listings, and 4 a year prior in November 2023. The newest listing for sale has 10,203 SQFT, 5.1 acres, and pet friendly for $2,750,000 at 2929 Hedrick Mill Road.

Are prices rising or falling for homes in Lexington NC?

Compared to the previous month, prices are rising for homes in Lexington, North Carolina. The median sale price was $367,500 in November 2024, which is higher than a month previous at $135,000. The median sale price rose 40.0% compared to the $262,500 median sale price a year ago in November 2023.

What is the average price per square foot for homes in Lexington NC?

$206.09 is the average price per square foot for homes Lexington, North Carolina. This is an increase compared to the $76.25 average price per square foot last month, November 2024, and an increase compared to the $167 average a year prior in November 2023. Currently, a 0 SQFT other at 10235 NC Highway 8 in Lexington, North Carolina has the lowest price per square foot at $18.37, while a 0 SQFT office at 121 W Center Street in Lexington, North Carolina has the highest at $480.

What is the median list price for homes for sale in Lexington NC?

$495,000 is the median list price for homes for sale in Lexington, North Carolina. This is an increase compared to the $367,500 median sale price last month, November 2024, and an increase compared to the $262,500 median sale price a year prior in November 2023.

What is the average days on market for homes for sale in Lexington NC?

50 days on market is the November 2024 average for homes for sale in Lexington, North Carolina. This represents a decrease from the previous month's average of 129 days on market, and an increase from the same month the year prior of 38 days on market average. Most recently, a 10,203 SQFT, 5.1 acres, and pet friendly business at 2929 Hedrick Mill Road in Lexington, North Carolina has been on the market for 1 day, while 0000 Bill Medlin Road in Lexington, North Carolina with 4.85 acres and pet friendly has been on the market for 981 days.