Is Lexington, MA 02421 a buyer’s or seller’s market?
Lexington is a seller’s market. With about 1.7 months of supply and 41% 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.
More competitive than 87% of U.S. ZIP codes, and #200 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Lexington housing market right now
In the three months ending August 31, 2026, 41% of homes in Lexington, MA 02421 sold above their list price, the typical home went under contract in 25 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 76 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 56%, homes sold more slowly (16 days then) and the median sale price fell 9% to $1,691,768. Overall, Lexington is less competitive than a year ago, which gives buyers more room.
Within Middlesex County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in 77%. On our competition score, Lexington ranks #200 of 362 MA ZIP codes with enough sales (score 82 out of 100).
Nearby, buyers who want less competition could look at Newton Lower Falls 02462 (0% sold over asking) or Cambridge 02142 (0% sold over asking), while Acton 01718 (100% sold over asking) and Dunstable 01827 (78% sold over asking) are even more competitive.
Run the numbers for 02421
Nearby markets
Acton 01718 $291 /sq ftActon 01720Seller’s market $385 /sq ftArlington 02474Seller’s market $598 /sq ftArlington 02476Seller’s market $609 /sq ft Browse all markets →Towns like Lexington nearby
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Questions about Lexington real estate
Is Lexington a buyer’s or seller’s market?
A seller’s market: there were 1.7 months of supply in Lexington, MA 02421 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lexington?
The typical home went under contract in 25 days in the latest three months.
Do homes in Lexington sell over asking?
41% of homes sold above their original list price, and the typical sale closed at 101.2% of the list price.
What are property taxes in Lexington?
About 1.03% of a home’s value a year in Middlesex County, or roughly $4,120 on a $400,000 home.
What is the median home price in Lexington?
The median sale price was $1,691,768 in the three months ending August 31, 2026, about $558 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology