38351 Home Values & Market Trends

There are 224 homes currently listed for 38351. 38351 real estate market trends show that home prices range from $50,000 to $865,000, and the median sales price in the 38351 zip code is $273,409. The total number of properties sold within the past twelve months is 253. In 38351, 14 properties are in foreclosure, 6 are bank owned properties,and 8 are headed for auction.

38351 Real Estate Market Overview

CityMedian Est. Value
Lexington

$ 273,409

$ 162/sqft

Housing Market Summary for 38351

Sep 2025September 2026Change
Median Listing Price$259.9K$289.4K11.37%
Median Sold Price$217.5K$194.2K-10.68%
Homes For Sale13621961.03%
Homes Sold13696-29.41%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 38351

The median list price of a home in Lexington, is $273,409. A total of 224 properties are for sale, and the percentage of properties for sale in the zip code is 224.00%. The total count of 38351 properties is 345.

Foreclosure
There is 1 cities within 38351; within this cities, the median estimated home value for homes in foreclosure ranges from $356,478 in lexington to the lowest value of $85,478 in lexington. Foreclosure homes account for 4.00% of properties in 38351 with lexington containing 14 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 38351 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 38351; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 38351 ranges from the highest value of $209,746 in lexington to the lowest value of $85,478 in lexington. Bank owned homes and properties account for 1.74% of properties in 38351. There is 1 cities within 38351; lexington containing 6 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    lexington has 8 auction properties, the highest number of properties going to auction in a single city in the state of 38351. Auction homes and other auction properties account for 2.32% of all properties in 38351. There is 1 cities within 38351; of that cities, the median estimated home value for homes going to auction ranges from $356,478 in lexington to the lowest value of $131,842 in lexington.
Homes for Sale
Homes and properties that are actively listed for sale account for 64.93% of residential properties in 38351 with lexington containing 224 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 38351; homes for sale in that cities, have a range of median values from $899,099 in lexington to the lowest value of $50,000 in lexington.
    Sold Homes
    The median value for recently sold homes ranges from $707,654 in lexington to the lowest price of $28,157 in lexington. There is 1 cities within 38351. lexington has 93 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 26.96% of properties in 38351.

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      Guide for 38351

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.