$2,018 Closing Credit*
$169,900
1,134 SqFt
3 Beds
•1 Full Bath, 1 Partial
#224039886, Alexis Paige Walker, Listing Office: Hill Real Estate
Is New Lexington, OH 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, New Lexington has remained a Seller's Market.
Key Takeaway
New Lexington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Lexington, OH
How much do homes in New Lexington, OH cost?
Median Sold Price
$185,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,100(+5.8%)
Key Takeaway
Homes in New Lexington have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in New Lexington was $185,000 in November 2024, up 5.8% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50.3K | $40K | -20.6% |
| 2 Bedrooms | $128K | $145.9K | +14.0% |
| 3 Bedrooms | $190K | $209K | +10.0% |
| 4 Bedrooms | $165K | $274.5K | +66.4% |
| 5+ Bedrooms | $332.9K | - | N/A |
Summary: New Lexington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.6%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 66.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| New Lexington | $174.9K | $185K | +5.8% |
| Pike Township | $167.5K | $172K | +2.7% |
Housing Supply in New Lexington, OH
How many homes are available in New Lexington, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The New Lexington real estate market had 7 homes for sale in November 2024, a 16.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Lexington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in New Lexington, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in New Lexington in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for New Lexington, OH
How long does it take to sell a home in New Lexington, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 23 Days | -27.6% |
Summary: Homes in New Lexington had an average of 23 days on market in Nov 2024, down by 27.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New Lexington are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in New Lexington; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.