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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 $269,958.
In Lexington, NC, how many homes are available?
There are currently 101 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 $25,449,068.
What is currently the cheapest priced home in Lexington, NC?
The cheapest home for sale in Lexington is priced at $10,086.

Living in Lexington, NC

Lexington, NC, known as the Barbecue Capital of the World, offers a vibrant small-town atmosphere with a rich history. The city boasts a variety of recreational activities, excellent schools, and a strong sense of community. With its charming downtown area and close proximity to larger cities, Lexington makes for a desirable place to live and grow families.

Current Market Conditions in Lexington, NC

The real estate market in Lexington, NC is currently thriving, with a steady increase in home values driven by high demand and low inventory. The city's reputation for affordability compared to neighboring urban areas attracts a variety of homebuyers, from young professionals to retirees. Recent developments and renovations in the downtown area have contributed to its appeal, facilitating steady investment growth.

Home sales have been brisk, and properties often receive multiple offers, leading to inflated bidding prices. The market is competitive but still offers opportunities for those willing to relocate from higher-cost regions. Average home prices have risen over the last year as more buyers scout Lexington for its quality of life and community spirit.

Home Value Estimator For Lexington, NC

There are currently 34,542 real estate properties in Lexington, NC, with a median automated valuation model (AVM) price of $233,945.00. 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 $269,958.00, with the most expensive house in Lexington, NC, topping out at $25,449,068.00 and the cheapest home in Lexington, NC, clocking in at $10,086.00. 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 Foreclosures


Market Trend for Lexington, NC

Total Listings Available: 101

Market Values:

Home Prices from $10,086 to $25,449,068

Average Sales Price: $269,958

Rental Values:

Rental from $460 to $2,880

Average Rent Value: $1,011 / month

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