$2,613 Closing Credit*
$220,000
1,848 SqFt
4 Beds
•2 Full Baths
Marcela Guerrero Garcia, Listing Office: eXp Realty, LLC
Is Lexington, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lexington was a Seller's Market.
Key Takeaway
Lexington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lexington, OK
How much do homes in Lexington, OK cost?
Median Sold Price
$260,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$67,500(+35.1%)
Key Takeaway
Homes in Lexington have sold for 35.1% more than they did a year ago.
Summary: The median home sold price in Lexington was $260,000 in November 2024, up 35.1% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $31.5K | - | N/A |
| 2 Bedrooms | $137.9K | $140K | +1.5% |
| 3 Bedrooms | $190K | $275K | +44.7% |
| 4 Bedrooms | $230K | $338K | +47.0% |
| 5+ Bedrooms | $190K | - | N/A |
Summary: Lexington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 44.7%, 4 bedroom homes increased by 47%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lexington | $192.5K | $260K | +35.1% |
| East Cleveland | $242K | $275K | +13.6% |
Housing Supply in Lexington, OK
How many homes are available in Lexington, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 40 | +11.1% |
Summary: The Lexington real estate market had 40 homes for sale in November 2024, a 11.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 19 | 23 | +21.1% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 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 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lexington, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lexington in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lexington, OK
How long does it take to sell a home in Lexington, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 95 Days | +569.0% |
Summary: Homes in Lexington had an average of 95 days on market in Nov 2024, up by 569% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lexington are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Lexington; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Copyright© 2024 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively 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. 