Housing in Lexington, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$378,000
Median List Price
N/A
Price Per Sq Ft
$187
Days on Market
14
Active Inventory
1
Months of Supply
1.0
Seller's market
Zillow Home Value
$307,693
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
99.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$187
Lexington vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lexington is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$282,000
Median Rent
$1,462
Total Housing Units
1,196
Vacancy Rate
7.9%
Owner Occupied
53.0%
Renter Occupied
47.0%
Median Property Tax
$3,476
per year
Monthly Cost (w/ Mortgage)
$1,543
Housing Types
The current median sale price in Lexington, MN is $378,000 according to Redfin data. Homes spend a median of 14 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $187. The median rent is $1,462 per month (Census ACS). About 53.0% of housing units are owner-occupied. The median year homes were built is 1976. There are 1,196 total housing units.