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Lexington housing market, August 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of September 8, 2026. See the newest report (September 2026)

  • Median sale price$292K— vs. August 2025
  • Homes sold2— vs. August 2025
  • Days on market12August 2026
  • Months of supply0.8end of August 2026

The short version

Lexington in August 2026

In August 2026, 2 homes sold in Lexington, against 0 in August 2025.

The median sale price was $292,400, and homes spent 12 days on market, with sellers receiving 109.7% of their original list price.

The month ended with 1 homes for sale, 0.8 months of supply (a seller’s market by the usual measure).

Over the 12 months through August 2026, the median was $320,000 (up 8.9%) across 7 sales.

Only 2 homes sold here in August 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through August 2026, Lexington
200k300k400kDec 2024Feb 2025Apr 2025Apr 2026Aug 2026$267,450Dec 2024$267,450Jan 2025$360,000Feb 2025$280,000Mar 2025$272,500Apr 2025$350,000Sep 2025$334,000Apr 2026$355,000Jun 2026$280,000$292,400Aug 2026$292,400

Single months can swing when few homes sell.

Show as a table
YearMedian price
Dec 2024$267,450
Jan 2025$360,000
Feb 2025$280,000
Mar 2025$272,500
Apr 2025$350,000
Sep 2025$334,000
Apr 2026$355,000
Jun 2026$280,000
Aug 2026$292,400

All the numbers

Lexington, August 2026 vs. August 2025

August 202612 months through August 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price—$292,400—$293,750$320,000+8.9%
Average sale price—$292,400—$297,175$318,757+7.3%
Price per square foot—$240—$194$215+10.7%
Closed sales02—87−12.5%
New listings12+100.0%107−30.0%
Days on market—12—2637+42.3%
% of original list price received—109.7%—100.4%103.1%+2.7%
Homes for sale (end of month)01————
Months of supply00.8————
Twin Cities region, median price$400,000$405,000+1.3%$389,000$395,000+1.5%

Source: Minneapolis Area REALTORS® Local Market Update, Lexington, August 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of September 8, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Lexington in August 2026: questions

What was the median home price in Lexington, MN in August 2026?

$292,400, from 2 sales, according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $320,000.

How many homes sold in Lexington, MN in August 2026?

2, against 0 in August 2025. 2 new listings came on the market that month.

Was Lexington a buyer's or seller's market in August 2026?

Lexington ended August 2026 with 0.8 months of supply (1 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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