Condo Foreclosures in Lexington, MA 02421

Current Market Conditions in Lexington, MA

The real estate market in Lexington, MA, remains healthy and competitive, characterized by high demand and limited supply. The town’s rich history and top-rated schools continue to attract families, thus maintaining a steady growth in home prices.

Single-family homes are particularly popular, often receiving multiple offers and selling above the asking price. The average selling price has risen over the past year, reflecting the overall trend of suburban desirability, especially post-pandemic.

Rent Prices In Lexington, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lexington, MA, is on a rollercoaster ride. The average rent price in Lexington, MA, is $3,858.00. Indeed, when looking to rent in Lexington, MA, you can expect to pay as little as $1,760.00 or as much as $6,460.00, with the average rent median estimated to be $3,800.00. The good news is that finding an affordable and desirable property to rent in Lexington, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.