The story of this market
The typical home in Lexington, Massachusetts sells for about $1,589,243, or $568 per square foot.
Prices are down 9.19% from a year ago, which gives buyers more room to negotiate. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $3,195 a month.
Monthly price momentum
Home values since 2015
+2.5%
MA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Lexington, Massachusetts
The Lexington housing market remains a high-value, stable environment characterized by low inventory and sustained demand for top-tier school districts. While median prices have seen minor fluctuations, the market maintains equilibrium with homes selling near list price, reflecting the town's enduring appeal to affluent families.
No ARED county foreclosure postings attributed to Lexington yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 8.6% year over year.
Homes spend a median of 25 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.19% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 2.4% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A sprawling national park preserving the site of the first battle of the American Revolutionary War, offering extensive trails and historical education.
The iconic site of the 'shot heard 'round the world,' serving as the town's historic heart and a major cultural landmark.
A premier 10-mile paved rail-trail that provides a vital recreational and commuting artery connecting Lexington to Arlington, Cambridge, and beyond.
Lexington is primarily suited for affluent families seeking top-tier public education and a historic, suburban lifestyle. It also attracts professionals working in the nearby life sciences and technology sectors who value safety, community, and proximity to Boston.
Lexington Public Schools are widely recognized as among the best in the Commonwealth, consistently achieving top-tier rankings for academic performance and college readiness. The district is a primary driver of local property demand, attracting families seeking high-quality public education.
The town is served by major highway corridors including I-95 and Route 2, facilitating access to Boston and the surrounding suburbs. Public transit options are primarily limited to bus connections to MBTA Red Line stations in neighboring towns.
Lexington offers an extensive network of parks, historic sites, and recreational trails, including the Minuteman Bikeway which connects the town to the broader Boston metro area. The town's commitment to open space and historic preservation provides a high quality of life and significant amenity value for residents.
The rental market in Lexington is characterized by high demand and limited inventory, primarily consisting of single-family homes and select multi-family units. Rents have seen significant upward pressure, reflecting the town's desirability and proximity to major employment hubs.
Lexington's economy is anchored by its status as a premier residential community with strong ties to the Greater Boston life sciences and technology sectors. While the town itself has limited industrial zoning, its proximity to the I-95/Route 128 corridor ensures high employment access for residents.
Lexington maintains a stable, high-value residential character with limited large-scale industrial development, focusing instead on preserving its historic and suburban identity. Economic momentum is tied to its proximity to the Route 128/I-95 technology and life sciences corridor, which provides significant employment access.
Development in Lexington is strictly managed through zoning bylaws that prioritize historic preservation and low-density residential character. Current planning efforts focus on maintaining infrastructure quality and school capacity rather than large-scale commercial expansion.
Lexington is served by the Lexington Public Schools district and is part of the Minuteman Regional Vocational Technical School District.
Lexington consistently ranks as one of the safest communities in Massachusetts, with crime rates significantly lower than both state and national averages. Reported incidents are primarily limited to non-violent property crimes, maintaining a stable and secure environment for residents.
The town faces standard New England climate risks, including winter storms and occasional heavy rainfall, though it is not located in a high-risk coastal flood zone. Insurance markets remain stable, though property owners should monitor evolving regional climate-resilience standards.
Property insurance markets in Lexington are stable, with premiums reflecting standard regional risks for fire and weather-related damage. The town's high property values necessitate comprehensive coverage, which remains readily available through major carriers.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from data.census.gov; figures represent place-level estimates.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.