Lexington City, VA home prices
Lexington City, VA: the typical home is worth $350,440 as of 2026-05, up +3.7% over the past year and n/a since 2000. Rent, income, days on market, price…
Lexington City is cooling and overvalued — affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1992: $157,681 → 2026: $350,440 (2.2×) pre-2000 estimated via FHFA index
Market read
At $350,440, homes in Lexington City sit 13% above the Virginia median ($309,032) and 50% above the US median ($233,954). That ranks #56 of 133 Virginia counties by price.
Prices are holding steady (+3.7% in the last year) — a balanced market.
At 5.6× local income, that's pricier than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~31% expensive for local incomes and rents.
Renting looks cheaper — buying the typical home runs ~$1,730/mo (P&I, 20% down) vs $1,450/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Rockbridge County, VA ($337,013) · Buena Vista City, VA ($188,028) · Amherst County, VA ($264,564) · Botetourt County, VA ($316,909) · Bath County, VA ($228,337) · Covington City, VA ($119,164)
Frequently asked questions
What is the average home price in Lexington City, VA?
Are home prices in Lexington City rising or falling?
Is Lexington City affordable?
What is the rental yield in Lexington City?
| Year | Median home value |
|---|---|
| 2013 | $204,150 |
| 2014 | $208,558 |
| 2015 | $210,778 |
| 2016 | $209,159 |
| 2017 | $213,863 |
| 2018 | $216,968 |
| 2019 | $220,630 |
| 2020 | $233,086 |
| 2021 | $271,865 |
| 2022 | $303,620 |
| 2023 | $302,814 |
| 2024 | $320,532 |
| 2025 | $341,395 |