$135,000
1,019 SqFt
2 Beds
•1 Full Bath
Spencer Harrell, Listing Office: Real Broker LLC
November 2024
Report Updated 22 Days Ago
Is Lexington, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lexington has remained a Seller's Market.
How much do homes in Lexington, NC cost?
$290,192
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in Lexington was $290,192 in November 2024, up 3.6% from last year, and the median price per square foot was $162.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $143.5K | $95K | -33.8% |
2 Bedrooms | $173K | $210K | +21.4% |
3 Bedrooms | $262.9K | $270K | +2.7% |
4 Bedrooms | $309.2K | $317.4K | +2.7% |
5+ Bedrooms | $342.9K | $380K | +10.8% |
Summary: Lexington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.8%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 10.8%.
Silver Hill Township | $298.9K | $336.7K | +12.6% |
Lexington | $279.9K | $290.1K | +3.6% |
Lexington Township | $279.9K | $290.1K | +3.6% |
Cotton Grove Township | $314.9K | $316.5K | 0.5% |
Conrad Hill Township | $259.9K | $248.7K | -4.3% |
How many homes are available in Lexington, NC?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
489 | 459 | -6.1% |
Summary: The Lexington real estate market had 459 homes for sale in November 2024, a 6.1% decrease compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 73 | 68 | -6.8% |
3 Bedrooms | 236 | 232 | -1.7% |
4 Bedrooms | 161 | 142 | -11.8% |
5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Lexington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 6.7%.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
112 | 98 | -12.5% |
53 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 98 homes were sold or pending in Lexington in November 2024, down by 12.5% month-over-month. Of the 98 sold homes, 54% were sold under asking, 30% were sold at asking, and 16% were sold over asking.
How long does it take to sell a home in Lexington, NC?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
36 Days | 54 Days | +49.0% |
Summary: Homes in Lexington had an average of 54 days on market in Nov 2024, up by 49% compared to last year.
50 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During November 2024, 98 homes were sold in Lexington; 51% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 22 Days Ago
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MLS Disclaimers and Copyright
Based on information from Triad MLS Inc, and Canopy MLS for the period 12/01/2022 - 12/01/2024
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Last updated on: 12/23/2024, 9:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 9:21:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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