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Housing in East Lexington

49 homes sold in East Lexington in the last year, at a typical $373K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where East Lexington homes are listed.

Homes for sale in East LexingtonZillowRedfinRealtor.comMore places to look ↓
Homes sold
49
October 2025 to September 2026
Typical sale price
$373K
median, weighted by sales
Price per square foot
$218
Virginia $236
Paid vs. asking
99%
32% sold over asking
For sale now
18
September 2026 · 3 sold that month
What sold · last 12 months

Houses are 0% of East Lexington’s sales, at a typical — (year to May 2026)

49 homes sold in the year to September 2026.

14 years of sales

More homes sell than most years, at 1.8 times the 2016 price

49 sales in the last year, against 44 in 2020 and a low of 0 in 2012. The typical sale went from $203K in 2016 to $373K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2012: 0 sold, typical —’122013: 4 sold, typical $200K2014: 19 sold, typical $223K’142015: 21 sold, typical $196K2016: 21 sold, typical $203K’162017: 15 sold, typical $180K2018: 20 sold, typical $256K’182019: 34 sold, typical $196K2020: 44 sold, typical $242K’202021: 37 sold, typical $243K2022: 34 sold, typical $346K’222023: 30 sold, typical $308K2024: 29 sold, typical $329K’242025: 42 sold, typical $355KLast 12 months: 49 sold, typical $373KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in East Lexington are more common than before the pandemic, with about as many homes for sale

We read every month of East Lexington’s home sales since 2012 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 September 2026, 49 sales.

If you’re buying in East Lexington

  • Shop in April. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • Bid near asking. Buyers paid 99% of the list price on average; 32% paid over.
  • You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 88 days.
Best time to buy

Summer brings the homes; winter brings the bidding wars

June has the most new listings (about 4 a month), but January is the most competitive: 26% of January sales close over asking. April and May offer nearly as much choice with fewer homes bid up (16%). April has the least competition (16%).

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 26% sold over asking, 127 days to sellJFeb: 2 new listings a month, 23% sold over asking, 156 days to sellFMar: 3 new listings a month, 22% sold over asking, 138 days to sellMApr: 3 new listings a month, 16% sold over asking, 95 days to sellAMay: 3 new listings a month, 20% sold over asking, 97 days to sellMJun: 4 new listings a month, 17% sold over asking, 96 days to sellJJul: 4 new listings a month, 20% sold over asking, 88 days to sellJAug: 3 new listings a month, 19% sold over asking, 87 days to sellASep: 3 new listings a month, 19% sold over asking, 99 days to sellSOct: 2 new listings a month, 18% sold over asking, 102 days to sellONov: 3 new listings a month, 18% sold over asking, 95 days to sellNDec: 2 new listings a month, 21% sold over asking, 83 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Virginia as a whole

East Lexington now2017–192021 peakVA now
Sold over askingShare of sales that closed above the list price32%9%29%30%
Gone within two weeksShare of homes under contract within 14 days22%5%3%42%
Price paid vs. askingAverage sale price ÷ list price99%96.3%98%99.2%
Days to sellMedian days from listing to contract8814312240
Supply

14 homes for sale on a typical day

That’s 10.2 times the 2012 low (1) and about the 2017–19 level.

2012: 1 for sale’122013: 7 for sale2014: 11 for sale2015: 7 for sale’152016: 10 for sale2017: 11 for sale2018: 11 for sale’182019: 18 for sale2020: 17 for sale2021: 11 for sale’212022: 5 for sale2023: 10 for sale2024: 5 for sale’242025: 13 for saleLast 12 months: 14 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical East Lexington home costs about $2,115 a month

Mortgage
Property tax
Insurance
Rent

Price: East Lexington’s typical sale, last 12 months. Property tax at East Lexington’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether East Lexington is affordable on local pay is on Cost of living.

Before you buy in East Lexington

Six things worth knowing

4

New listings in June

The month with the most choice. January has the fewest, about 2.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $373K home, about $2,020 a year.

Taxes vs. neighbors
C+

Schools

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

Schools in East Lexington
18 min

Typical commute

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

Nearby markets · last 12 months

Buena Vista and Clifton Forge sell for less a square foot

The busier markets within 25 miles of East Lexington, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lexington63$348K$21618%19
Buena Vista63$208K$15629%33
Clifton Forge56$120K$6513%34
East Lexington49$373K$21832%88

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to East Lexington, free

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

Questions about buying a home in East Lexington

What do homes sell for in East Lexington, VA?

49 homes sold in the year to September 2026 at a typical $373K, $218 a square foot.

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

A balanced market: 18 homes were for sale in September 2026 and 3 sold, about 5.5 months of supply. Buyers paid 99% of asking on average.

When is the best time to buy in East Lexington?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in East Lexington?

About 0.5% of a home’s value a year. On a $373K home that’s near $2,020.

Where can I see homes for sale in East Lexington?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).