Is Lexington, NE 68850 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 19.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply19.6Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list94.2%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$116▼ −20.7% vs. last year

The Lexington housing market right now

In the three months ending August 31, 2026, 14% of homes in Lexington, NE 68850 sold above their list price, the typical home went under contract in 28 days and there were 19.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 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 6%, homes sold faster (31 days then) and the median sale price rose 9% to $238,897. Overall, Lexington is more competitive than a year ago, so tougher for buyers.

Within Dawson County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Gothenburg 69138 (0% sold over asking) or Cozad 69130 (0% sold over asking).

Nearby markets

Cozad 69130Buyer’s market $126 /sq ftEddyville 68834 $58 /sq ftGothenburg 69138Balanced $105 /sq ftOverton 68863 $140 /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 19.6 months of supply in Lexington, NE 68850 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 28 days in the latest three months.

Do homes in Lexington sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 94.2% of the list price.

What are property taxes in Lexington?

About 1.31% of a home’s value a year in Dawson County, or roughly $5,240 on a $400,000 home.

What is the median home price in Lexington?

The median sale price was $238,897 in the three months ending August 31, 2026, about $116 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