Lexington

Lexington, Massachusetts: market overview

Lexington is a historic town of roughly 34,085 residents about eleven miles northwest of Boston, known as the birthplace of the American Revolution and home to the Battle Green, Lexington Common, and a walkable town center along Massachusetts Avenue. It is one of the highest-demand suburbs in Greater Boston, ranking #8 of 380 Massachusetts towns for median sale price and #1 of 274 for SAT composite. Lexington covers ZIP codes 02420 and 02421.

Lexington housing market conditions

As of the most recent imported Redfin data, Lexington reads as a seller-favored market. The median sale price is $1,812,500, up 8.4% year over year, with homes selling in a median of 20 days at a sale-to-list ratio of 101.7%. Roughly 52% of homes sell above asking, and months of supply sits near 4.6. Price per square foot is approximately $585.

Lexington is not a single market, and that distinction matters for pricing. Recent price-band data shows the $1,000,000 to $1,499,999 segment is the most competitive, with homes selling around 105% of list, while higher luxury bands above $3,000,000 have shown longer days on market and more room to negotiate. A home near $1.3 million and a home near $3.5 million can behave like entirely different markets, so pricing and offer strategy should be set by segment rather than by the town average. Figures reflect imported Redfin and MLS data as of mid-2026 and are directional market signals, not predictions.

Home values and property characteristics

The typical Lexington home is about 3,252 square feet on an average lot of 0.69 acres, with an average year built around 1961. The average residential assessment is approximately $1,532,774, and recent sale prices track assessments closely. Land represents about 44% of the typical assessment, which is more land-heavy than most Massachusetts towns and reflects active redevelopment: about 12.7% of homes have been built in the last 15 years, a sign of ongoing teardown-and-rebuild activity. Buyers evaluating a property here should weigh both the lot and the structure, since this market tends to reward neither pure land plays nor purely cosmetic renovations.

Lexington schools

Lexington's public school district is among the strongest in Massachusetts and is a primary driver of housing demand. Based on the latest imported DESE data, the district carries an academic score of 89 out of 100, a graduation rate of 98.5%, an MCAS math meeting-or-exceeding rate of 78.9%, an AP 3-or-higher rate of 94.3%, and an average SAT composite of 1,348. Total district enrollment is approximately 6,524 across 19 mapped schools. Statewide, Lexington ranks #1 of 344 for academic score and #1 of 343 for MCAS math. School assignments and district boundaries can change, so buyers should verify current enrollment policies directly with the Lexington Public Schools.

Commuting and transit

Lexington borders Route 2 and Interstate 95 (Route 128), connecting quickly to Cambridge, Boston, and surrounding employment centers. The town has no subway or commuter rail station of its own and relies on MBTA bus service, including routes 62, 76, 78, and 351, which link to the Alewife Red Line station in Cambridge. The Minuteman Bikeway also runs from Bedford through Lexington Center to Alewife. The average commute to work is about 31 minutes. Check current MBTA schedules for stop-level service.

Local economics

According to U.S. Census American Community Survey estimates, Lexington has a median household income of approximately $219,402, a median owner-reported home value of $1,147,900, and an owner-to-renter split of about 81% to 19%. The residential tax rate is approximately $12.31 per $1,000 of assessed value. About 24.5% of the town is protected as open space, including conservation areas such as Willard Woods and Great Meadows.

For a complete Lexington data report

For an in-depth, regularly updated data report on Lexington, including statewide rankings, price-band segmentation, parcel economics, school detail, and the fair-value model, see the Massachusetts Intelligence Lexington report.

Working with Maija Sawyer in Lexington

Maija Sawyer is a Lexington specialist and a top 1.5% agent nationally. She has closed 27 home sales in Lexington, representing approximately $39.5 million in volume, working both sides of the market with 16 listings sold and 11 buyer-side purchases. Her Lexington experience spans the full range of the market, from condominiums to luxury estates, including listing-side sales such as 16 King Street at $2.4 million and 10 Philip Road at $2.05 million, and buyer representation on homes including 91 Shade Street at $3.4 million and 10 Eliot Road at $2.66 million. Because Lexington trades as several distinct sub-markets, that block-by-block experience helps both buyers and sellers price, prepare, and negotiate effectively. Contact Maija for a complimentary Lexington market analysis or buyer consultation.

Equal Housing Opportunity. Maija Sawyer and William Raveis Real Estate are committed to and comply with the Fair Housing Act and all applicable federal and Massachusetts fair housing laws. We do not discriminate on the basis of race, color, religion, sex, national origin, familial status, disability, ancestry, age, marital status, sexual orientation, gender identity, veteran or military status, source of income, or any other protected category. All are welcome.

Market data, rankings, school statistics, and parcel figures on this page are drawn from public sources including Redfin, the U.S. Census Bureau, MassGIS, and the Massachusetts Department of Elementary and Secondary Education, and are deemed reliable but not guaranteed. Figures reflect the dates noted and may not represent current conditions. This information is provided for general research only and is not an appraisal, a market prediction, legal advice, or financial or investment advice. School district assignments are subject to change and should be verified independently. Buyers and sellers should consult appropriate licensed professionals before making decisions.