Townhomes in Lexington

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HERE'S SOME OF WHAT YOU WILL FIND IN OUR LEXINGTON REAL ESTATE SEARCH RESULTS.

ABOUT LEXINGTON

Lexington, Massachusetts, a town where history and modernity blend seamlessly, creating a community that's as rich in heritage as it is in contemporary living. Famous for its pivotal role in the American Revolution, Lexington has evolved from its historic roots into a vibrant suburb of Boston. This town, steeped in history with landmarks like the Battle Green and the Hancock-Clarke House, maintains a sense of its past while embracing the future. Living in Lexington means being part of a community that values education, culture, and natural beauty, all within a stone's throw of a major urban center.

In the real estate world, Lexington offers a diverse range of options that mirror its community's character. You'll find a mix of charming historic homes, spacious mid-century properties, and modern new constructions. The market here is dynamic, characterized by a strong demand due to the town's excellent schools, community amenities, and proximity to Boston. Properties in Lexington are sought after for their blend of suburban comfort and accessibility, making it a desirable location for families and professionals alike. The trend is towards homes that offer both space and convenience, with many properties boasting large yards, modern updates, and eco-friendly features.

MARKET INSIGHTS

LEXINGTON HOUSING MARKET TRENDS

What is the housing market like in Lexington today?

The Lexington housing market is very competitive. Homes in Lexington receive 5 offers on average and sell in around 14 days. The median sale price of a home in Lexington was $1.5M last month, up 39.6% since last year. The median sale price per square foot in Lexington is $511, down 0.2% since last year.
 

How hot is the Lexington housing market? Lexington is very competitive. Homes sell in 20 days.

LEXINGTON LISTINGS & SALES

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TOP FAQS ABOUT TOWNHOMES IN LEXINGTON

The townhome market in Lexington has been steadily growing, reflecting the area's appeal to those seeking a balance between suburban comfort and the convenience of a low-maintenance lifestyle. These properties are particularly attractive to young professionals, small families, and empty-nesters looking to downsize. The trend is towards newer, modern townhomes that offer energy-efficient features, contemporary designs, and community amenities such as shared green spaces or fitness centers. Despite the overall high property values in the Greater Boston area, Lexington's townhomes present a relatively more affordable option in a community known for its excellent schools, historical charm, and access to nature.

Compared to the urban centers like Boston, Lexington’s townhome market offers a quieter, more family-oriented environment. While Boston and its immediate suburbs offer a mix of historic and modern townhomes, Lexington is characterized by its newer developments that blend seamlessly with the town’s suburban character. These properties often provide more space and greenery compared to those in denser urban areas. The market in Lexington is generally more stable, with a consistent demand driven by its reputation as a desirable place to live with a strong sense of community.

In Lexington, the available townhomes range from classic New England style to more modern and contemporary designs. Many of these units feature amenities such as open floor plans, attached garages, and private outdoor spaces. New developments in Lexington often focus on sustainability and are equipped with features like energy-efficient appliances and eco-friendly materials. These townhomes cater to a range of preferences, offering the charm of suburban living combined with modern conveniences.

Investing in a townhome in Lexington can be a good decision, particularly for those looking for a stable and growing market in the Greater Boston area. The town's high quality of life, excellent school system, and historical appeal make it a sought-after location. Townhomes in Lexington can offer a good balance of affordability and desirability, especially for those who might find single-family homes in the area out of reach. However, potential investors should consider factors like the specific location within Lexington, community amenities, and the historical appreciation rates of townhomes in the area.

Potential buyers should consider the location of the townhome within Lexington, particularly in terms of proximity to schools, shopping centers, and public transportation. Assessing the layout, size, and condition of the townhome, as well as any homeowners association fees and rules, is important. Buyers should also consider the potential for resale and property appreciation, especially given Lexington's status as a desirable suburban community. Additionally, understanding the local real estate market trends and future development plans in the area can help buyers make an informed decision. Working with a real estate agent who has experience in the Lexington market is advisable for navigating these considerations effectively.

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