Is Lexington, MS 39095 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Lexington is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list105.2%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$174▲ +248.8% vs. last year

The Lexington housing market right now

In the three months ending August 31, 2026, 50% of homes in Lexington, MS 39095 sold above their list price, the typical home went under contract in 19 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (37 days then) and the median sale price rose 64% to $252,391. Overall, Lexington is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Tchula 39169 (0% sold over asking) or Durant 39063 (0% sold over asking).

Nearby markets

Cruger 38924 — /sq ftDurant 39063Seller’s market $91 /sq ftTchula 39169Seller’s market $102 /sq ft Browse all markets →

Where Lexington is

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Questions about Lexington real estate

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

A buyer’s market: there were 9.6 months of supply in Lexington, MS 39095 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 19 days in the latest three months.

Do homes in Lexington sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 105.2% of the list price.

What are property taxes in Lexington?

About 0.86% of a home’s value a year in Holmes County, or roughly $3,440 on a $400,000 home.

What is the median home price in Lexington?

The median sale price was $252,391 in the three months ending August 31, 2026, about $174 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