Homes for Sale Under 500K in Lexington, NC

599 Homes for Sale

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Lexington, NC Housing Market Overview

Lexington's housing market is evenly balanced between buyers and sellers. This creates fair negotiating conditions for both parties. With a 2.1-month supply of homes and properties spending 67 days on the market on average, both buyers and sellers have equal opportunity to achieve favorable outcomes.

Status

Balanced Market

Days on Market

67

Inventory

599

Aug 2021Mar 2024Mar 2026

Median Home Price

$272,000Up 0.19%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
599 Up 0.02%
Newly Listed Homes
37 Up 0.16%
Months of Supply
2.1 Down 0.90%

Housing Demand

Homes Sold
40 Down 0.00%
Sale-to-List Ratio
98% Up 0.35%
Homes Sold Above List
10% Down 12.22%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Lexington Market Report
  • mls-img
    Based on information submitted to the MLS GRID from Canopy MLS through Sep 6, 2026, 1:45 AM. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2025 Canopy MLS. All Rights Reserved.
  • mls-img
    Based on information from the Board/Association of REALTORS® (or from the Triad MLS) through Sep 6, 2026, 1:45 AM. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s Internet Data Exchange Database. Data cannot be redistributed and cannot be used for any reason other than as provided in the contract. © 2026 Triad MLS, Inc. All rights reserved.

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Lexington, NC Housing Marketlink qauare
Homes Available icon

599

Homes Available

Median List Price icon

$ 272,000

Median List Price

Avg on Market icon

67 Days

Avg on Market

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