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Anoka Cnty Minnesota Incorporated and Unincorporated areas Lexington HighlightedPhoto: 123dieinafire · Public domain
Housing in Lexington

11 homes sold in Lexington in the last year, at a typical $359K

Almost every sale is a house. Below: what each kind of home sells for and a shortcut to every site where Lexington homes are listed.

Homes sold
11
June 2025 to May 2026
Typical sale price
$359K
median, weighted by sales
Price per square foot
$189
Minnesota $190
Paid vs. asking
100.7%
55% sold over asking
For sale now
1
May 2026 · 1 sold that month
What sold · last 12 months

Houses are 82% of Lexington’s sales, at a typical $352K

11 homes sold in the year to May 2026.

Fewer sales

Multi-family (2–4 units): 2 sold, typical $389K
Houses: 9 sold, typical $352K

Too few sales in 12 months for reliable figures.

7 years of sales

Fewer homes sell than a decade ago, at 1.7 times the 2016 price

11 sales in the last year, against 25 in 2016 and a low of 16 in 2012. The typical sale went from $211K in 2016 to $359K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2012: 16 sold, typical $131K’122015: 21 sold, typical $154K2016: 25 sold, typical $211K’162017: 25 sold, typical $218K2020: 19 sold, typical $252K’202021: 20 sold, typical $271K2024: 21 sold, typical $319K’24Last 12 months: 11 sold, typical $359KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

Rent or buy?

Owning the typical Lexington home costs about $2,220 a month

Mortgage
Property tax
Insurance
Rent

Price: Lexington’s typical sale, last 12 months. Property tax at Lexington’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lexington is affordable on local pay is on Cost of living.

Before you buy in Lexington

Five things worth knowing

1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $359K home, about $4,160 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Lexington, from test results, graduation and how much students grow.

Schools in Lexington
21 min

Typical commute

The average one-way trip to work for people who live in Lexington.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Lexington, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lexington. People who follow the town see it, and so do people comparing Lexington with their own town. No commission, no listing fee.

Questions about buying a home in Lexington

What do homes sell for in Lexington, MN?

11 homes sold in the year to May 2026 at a typical $359K, $189 a square foot.

Is Lexington a buyer’s or seller’s market?

A seller’s market: 1 homes were for sale in May 2026 and 1 sold, about 1 months of supply. Buyers paid 100.7% of asking on average, and 67% of listings cut their price.

How much are property taxes in Lexington?

About 1.2% of a home’s value a year. On a $359K home that’s near $4,160.

Where can I see homes for sale in Lexington?

Zillow, Redfin, Realtor.com and Homes.com all carry Lexington’s MLS listings; the search links above open each one filtered to Lexington.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).