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Foreclosure Homes in Lexington, NC 27295

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Lexington, NC Foreclosures

How much do homes sell for in Lexington, NC?
The average home price is currently $282,210.
In Lexington, NC, how many homes are available?
There are currently 57 active home listings available in Lexington.
What’s the average rental cost in Lexington, NC?
The average rental price in Lexington is $1,011.
What is the most expensive home in Lexington?
The most expensive home sold in Lexington had a price of $25,428,436.
What is currently the cheapest priced home in Lexington, NC?
The cheapest home for sale in Lexington is priced at $10,082.

Living in Lexington, NC

Lexington, NC blends southern hospitality with cultural richness, offering a variety of amenities, parks, and activities for all ages. As the Barbecue Capital of the World, residents take pride in their local culinary traditions. With affordable housing options and a strong sense of community, it's a great place to call home.

Current Market Conditions in Lexington, NC

The real estate market in Lexington, NC is currently favorable to buyers, with an increase in housing inventory over the past several months. This trend has led to more choices for potential homeowners and slightly slower price appreciation as the market stabilizes.

Interest rates remain low, which is encouraging first-time buyers and investors to enter the market. Historically, Lexington has been a stable market with consistent demand, and recent trends suggest that this reliability is expected to continue.

Home Value Estimator For Lexington, NC

There are currently 37,804 real estate properties in Lexington, NC, with a median automated valuation model (AVM) price of $244,937.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lexington, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lexington, NC, is $282,210.00, with the most expensive house in Lexington, NC, topping out at $25,428,436.00 and the cheapest home in Lexington, NC, clocking in at $10,082.00. In other words, there’s something for every potential homebuyer or savvy investor in Lexington, NC!

Rent Prices In Lexington, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lexington, NC, is on a rollercoaster ride. The average rent price in Lexington, NC, is $1,011.00. Indeed, when looking to rent in Lexington, NC, you can expect to pay as little as $460.00 or as much as $2,880.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Lexington, NC -- 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.

Lexington, NC 27295 Foreclosures

Market Trend for Lexington, NC

Total Listings Available: 57

Market Values:

Home Prices from $10,082 to $25,428,436

Average Sales Price: $282,210

Rental Values:

Rental from $460 to $2,880

Average Rent Value: $1,011 / month

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