Is Lexington Park, MD 20653 a buyer’s or seller’s market?

The Lexington Park housing market right now

In the three months ending August 31, 2026, 36% of homes in Lexington Park, MD 20653 sold above their list price, the typical home went under contract in 37 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 80 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 40%, homes sold about as fast and the median sale price rose 14% to $422,317. Overall, Lexington Park is less competitive than a year ago, which gives buyers more room.

Within St. Mary's County, homes here sell faster than in 55% of the county’s ZIP codes, and sell less often over asking than in 55%. On our competition score, Lexington Park ranks #109 of 241 MD ZIP codes with enough sales (score 69 out of 100).

Nearby, buyers who want less competition could look at Valley Lee 20692 (0% sold over asking) or Coltons Point 20626 (0% sold over asking), while Abell 20606 (100% sold over asking) and Callaway 20620 (100% sold over asking) are even more competitive.