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Foreclosure Homes in Lexington, NC

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Lexington, NC Foreclosures

How much do homes sell for in Lexington, NC?
The average home price is currently $232,854.
In Lexington, NC, how many homes are available?
There are currently 111 active home listings available in Lexington.
What’s the average rental cost in Lexington, NC?
The average rental price in Lexington is $1,002.
What is the most expensive home in Lexington?
The most expensive home sold in Lexington had a price of $8,909,291.
What is currently the cheapest priced home in Lexington, NC?
The cheapest home for sale in Lexington is priced at $12,030.

Living in Lexington, NC

Lexington, NC, is a charming town known for its Southern hospitality and as the Barbecue Capital of the World. It offers a mix of rich history, community events, and recreational options. Located conveniently near major highways, it’s perfect for those seeking a small-town feel with easy access to larger cities.

Current Market Conditions in Lexington, NC

The real estate market in Lexington is currently experiencing a gradual increase in home values, largely due to its appealing lifestyle and affordability compared to nearby urban areas. There has been steady demand for single-family homes, especially among first-time buyers and families looking for more space and a supportive community environment.

Over the past year, the market has shown resilience with moderate price growth and a relatively stable inventory. The appeal of Lexington's affordable housing options continues to attract new residents, further solidifying its position as a competitive housing market in North Carolina.

Home Value Estimator For Lexington, NC

There are currently 29,748 real estate properties in Lexington, NC, with a median automated valuation model (AVM) price of $198,398.00. 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 $232,854.00, with the most expensive house in Lexington, NC, topping out at $8,909,291.00 and the cheapest home in Lexington, NC, clocking in at $12,030.00. 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 $1,002.00. 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 $960.00. 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 Foreclosures


Market Trend for Lexington, NC

Total Listings Available: 111

Market Values:

Home Prices from $12,030 to $8,909,291

Average Sales Price: $232,854

Rental Values:

Rental from $460 to $2,880

Average Rent Value: $1,002 / month

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