Is Lexington, VA 24450 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Lexington is a seller’s market. With about 2.7 months of supply and 24% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.7Under 4 months = seller’s market

Sold above original list24.1%Share of sales, last 3 months

Median sale-to-list98.7%Sold price ÷ list price

Median days on market24Listing to accepted offer

Median price per sq ft$225▲ +6.7% vs. last year

Run the numbers for 24450

Prefilled for 24450Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24450Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Buena Vista 24416Seller’s market $150 /sq ft Fairfield 24435Seller’s market $218 /sq ft Glasgow 24555Seller’s market $158 /sq ft Goshen 24439Buyer’s market $257 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology