Ira Webster Olive House · Photo: Ammodramus · Public domain51 homes sold in Lexington in the last year, at a typical $203K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lexington homes are listed.
Every place Lexington homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lexington.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 90% of Lexington’s sales, at a typical $207K
51 homes sold in the year to May 2026.
typical sale · 46 sold in 12 months
- Per square foot
- $133NE $158
- Days to sell
- 55
- Sold over asking
- 15%
- Listings with a price cut
- 18%
Multi-family (2–4 units): 5 sold, typical $145K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.7 times the 2016 price
51 sales in the last year, against 69 in 2019 and a low of 30 in 2017. The typical sale went from $118K in 2016 to $203K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $200K buys in Lexington
Check a listing against what Lexington homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lexington are back to pre-pandemic levels, and more homes are for sale
We read every month of Lexington’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 51 sales.
If you’re buying in Lexington
- Shop in May. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
- Offer under asking. Buyers paid 96.7% of the list price on average; 14% paid over.
- You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 53 days.
Fall brings both the most homes and the most bidding wars
November has the most new listings (about 6 a month), and the most competition: 23% close over asking. May offers nearly as much choice with fewer homes bid up (16%). January has the least competition (10%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Nebraska
| Lexington now | 2017–19 | 2021 peak | NE now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 14% | 14% | 33% | 46% |
| Gone within two weeksShare of homes under contract within 14 days | 22% | 1% | 0% | 36% |
| Listings with a price cutShare of homes for sale that cut their price | 18% | — | — | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 96.7% | 95.6% | 99.5% | 99.8% |
| Days to sellMedian days from listing to contract | 53 | 110 | 75 | 32 |
32 homes for sale on a typical day
That’s 3.2 times the 2016 low (10) and 63% more than in 2017–19.
1 in 6 listings has cut its price
18% in the last year, against — in 2017–19 and 25% across Nebraska.
Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lexington home costs about $1,270 a month
Price: Lexington’s typical sale, last 12 months. Property tax at Lexington’s 1.3% (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.
Six things worth knowing
New listings in November
The month with the most choice. December has the fewest, about 4.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $203K home, about $2,530 a year.
Taxes vs. neighborsSchools
The schools grade for Lexington, from test results, graduation and how much students grow.
Schools in LexingtonTypical commute
The average one-way trip to work for people who live in Lexington.
Work & commuteCheck 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 hazardsLook 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.
Cozad and Gothenburg sell for less a square foot
The busier markets within 25 miles of Lexington, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Gothenburg | 61 | $185K | $97 | 25% | 57 |
| Lexington | 51 | $203K | $137 | 14% | 53 |
| Cozad | 40 | $185K | $122 | 15% | 78 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
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, NE?
51 homes sold in the year to May 2026 at a typical $203K, $137 a square foot.
Is Lexington a buyer’s or seller’s market?
A buyer’s market: 38 homes were for sale in May 2026 and 4 sold, about 9.5 months of supply. Buyers paid 96.7% of asking on average, and 18% of listings cut their price.
When is the best time to buy in Lexington?
November brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lexington?
About 1.3% of a home’s value a year. On a $203K home that’s near $2,530.
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).