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Advertise here →Lexington, VA · Houses & Market Data
Lexington, Virginia houses and real estate market data.
Houses in Lexington, VA (Lexington city) — Census median home value $275,300, county listing prices up about 8.2% over the past year. Market data for Lexington houses and the broader area.
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Lexington, VA is in Lexington city, Virginia — this guide covers houses in Lexington and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 7,420, with a median household income of $89,598. Census data puts the median value of houses in Lexington at $275,300.
Info from government sites and builders may have provided source info.
Market overview
Lexington housing market
Lexington is in Lexington city, Virginia. Manifest Census and county price-trend data provide baseline context for houses in Lexington and the surrounding county market.
Median home value (Census ACS)
$275,300
Population (Census ACS)
7,420
Median household income
$89,598
County price trend (2025)
8.25% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Lexington market snapshot
Population
7,420
County
Lexington city
Median Household Income
$89,598
Median Home Value (city)
$275,300
Median Gross Rent
$985/mo
Price Trend (YoY)
+8.2%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Lexington different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Lexington's median home value — across all owner-occupied homes, not just recent sales — at $275,300.
County Price Trend
Lexington city's FHFA house price index shows a 8.25% annual change in 2025.
Population & Income
Lexington has an estimated population of 7,420 and a median household income of $89,598, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Lexington's Census-reported median home value works out to about 3.1x the area's median household income, and median gross rent runs roughly 13% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Lexington
County guide: Lexington City — cities, market context, and local resources for the county that includes Lexington.
USAHouses.com also helps visitors looking in nearby Lexington city and other Virginia communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
More Virginia cities with market guides: Virginia Beach, Chesapeake, Arlington, Norfolk, Newport News, Alexandria, Hampton, Roanoke.
Virginia Beach market data
Same-state city guide
Chesapeake market data
Same-state city guide
Arlington market data
Same-state city guide
Norfolk market data
Same-state city guide
Newport News market data
Same-state city guide
Alexandria market data
Same-state city guide
Hampton market data
Same-state city guide
Roanoke market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: East Lexington (~2.0 mi), Buena Vista (~6.0 mi), Glasgow (~10.4 mi), Fairfield (~11.2 mi), Goshen (~14.8 mi), Millboro (~16.1 mi), Iron Gate (~18.9 mi), Cliftondale Park (~19.5 mi), Clifton Forge (~21.0 mi), Selma (~22.2 mi), Low Moor (~23.2 mi), Hot Springs (~25.6 mi), Warm Springs (~25.7 mi), Mallow (~28.9 mi), Callaghan (~35.2 mi).
New construction: New homes near Lexington (Virginia Beach) · Virginia new construction.
Census & home facts
Lexington data from published sources
Population (ACS 2023)
7,420
Median home value (ACS 2023)
$275,300
Median household income (ACS 2023)
$89,598
Median gross rent (ACS 2023)
$985
County FHFA annual change (2025)
8.25%
Census place type
city
County
Lexington City
Land area (Census Gazetteer 2024)
2.50 sq mi
Census GEOID
5145512
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Lexington
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Ponds at Lexington ↗
D.R. Horton · Lexington, Virginia · ~2.0 mi · from $375,990
Spring Lakes ↗
D.R. Horton · Staunton, Virginia · ~30.3 mi · from $399,990
Eastyn Crossing ↗
Ryan Homes · Bedford, Virginia · ~31.0 mi · from $312,990
Vista Ridge Single-Family ↗
Ryan Homes · Staunton, Virginia · ~31.1 mi · from $379,990
Vista Ridge Staunton ↗
Ryan Homes · Staunton, Virginia · ~31.1 mi · from $294,990
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Common questions
Lexington FAQ
What are houses worth in Lexington, VA?
The Census Bureau's American Community Survey puts the median value of houses in Lexington at $275,300.
How much do houses cost in Lexington, VA?
For owner-occupied houses in Lexington, Census ACS data shows a median value of $275,300. Active listing prices in Lexington city may differ — see the market snapshot above.
What types of houses are in Lexington, VA?
Lexington houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Lexington city communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Lexington, VA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Lexington's population at approximately 7,420.
What's the median rent in Lexington, VA?
The Census ACS estimates median gross rent in Lexington at approximately $985 per month.
What is the median household income in Lexington, VA?
Census ACS data puts the median household income in Lexington at approximately $89,598.
Is the Lexington housing market growing?
Lexington city's FHFA house price index shows a 8.25% annual change in 2025.
Is Lexington, VA affordable relative to income?
Census ACS data puts Lexington's median home value at about 3.1 times the median household income, with median gross rent equal to roughly 13% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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