$259,900
1,450 SqFt
3 Beds
•1 Full Bath, 1 Partial
Jill Curione, Listing Office: Southern Key Realty
October 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 October 2023
Since last year, Lexington has remained a Seller's Market.
How much do homes in Lexington, NC cost?
$288,532
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Lexington was $288,532 in October 2024, up 3.2% from last year, and the median price per square foot was $162.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $122K | $103K | -15.6% |
2 Bedrooms | $175K | $210K | +20.0% |
3 Bedrooms | $260K | $270K | +3.8% |
4 Bedrooms | $309.1K | $317.5K | +2.7% |
5+ Bedrooms | $351.4K | $375.7K | +6.9% |
Summary: Lexington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.6%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 6.9%.
Silver Hill Township | $298.8K | $339.1K | +13.5% |
Lexington | $279.5K | $288.5K | +3.2% |
Lexington Township | $279.5K | $288.5K | +3.2% |
Cotton Grove Township | $312.7K | $313.9K | 0.4% |
Conrad Hill Township | $259.9K | $250K | -3.8% |
How many homes are available in Lexington, NC?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
478 | 476 | -0.4% |
Summary: The Lexington real estate market had 476 homes for sale in October 2024, a 0.4% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 63 | 71 | +12.7% |
3 Bedrooms | 233 | 243 | +4.3% |
4 Bedrooms | 164 | 144 | -12.2% |
5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Lexington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes remained the same.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
114 | 105 | -7.9% |
46 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 105 homes were sold or pending in Lexington in October 2024, down by 7.9% month-over-month. Of the 105 sold homes, 44% were sold under asking, 43% were sold at asking, and 13% were sold over asking.
How long does it take to sell a home in Lexington, NC?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
28 Days | 44 Days | +57.0% |
Summary: Homes in Lexington had an average of 44 days on market in Oct 2024, up by 57% compared to last year.
59 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During October 2024, 105 homes were sold in Lexington; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 14% 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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Based on information from Triad MLS Inc, and Canopy MLS for the period 11/01/2022 - 11/01/2024
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Last updated on: 11/23/2024, 2:20:46 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 11/22/2024, 10:51:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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