Lexington, Massachusetts.
Typical home $1,551,065 (+2.7% in a year), asking rent $3,522 . Boston-Cambridge-Newton, MA-NH metro.
to buy the typical home at today's mortgage rate — +$4,423 (+119%) since Jan 2020.
- 1 year
- Up $40,567 +3%
- $1,510,498$1,551,065 since Sep 2025
- 5 years
- Up $370,485 +31%
- $1,180,580$1,551,065 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Lexington$8,141
- Massachusetts$3,439
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Lexington, MA rose 2.7% over the past year — faster than the nation's +1.2%.
Living in Lexington, Middlesex County, Massachusetts
Lexington, in Middlesex County, had 34,454 people in the 2020 census. Half its households earn more than $238,444 a year and half less, against $130,847 across Middlesex County; 5% of its people live below the poverty line. 80% of its homes are lived in by their owners and 20% are rented. Unemployment in Middlesex County was 4.0% in August 2026, and the county had 2.4% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Lexington is a community where the typical resident is older than in most American towns, and household incomes run far above the county's. Most homes are lived in by their owners, and homes here cost a great deal to buy or rent. Very few people live below the poverty line, and nearly all adults have a four-year degree. Winters are cold, with January highs staying below freezing for most of the country's standards of comfort, and summers are warm; rain and melted snow add up to a fair amount over the year.
Work. Many residents work in schools, hospitals and social care, or in professional and business services, with manufacturing and finance and insurance also employing a good number. Among the largest workplaces in Lexington are the Lexington Schools, Takeda Pharmaceuticals and Wilson Farm. The commute is a long one for many people, and a good share of residents work from home. Across Middlesex County, unemployment has edged down over the past year, though the county has fewer jobs than it did a year earlier.
Things to do. Walden Pond, a reservoir a short drive away, is a place to walk and spend time by the water. For museums, the Harvard Art Museums are also a short drive away, and the Museum of Fine Arts Boston is a longer drive. Fenway Park, the stadium, is a short drive away for anyone who wants a ballgame.
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- 12,477households
- 84%of adults have a degree
- 5%below the poverty line
- 31 mintypical commute
- 37%work from home
What residents work in
Employed residents by industry, from the Census survey. Middlesex County had 903,942 jobs in 2025, 2.4% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 37° and lows near 18°; warmest in July, with highs near 85° and lows near 62°. About 43 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Bedford Hanscom Field weather station, 4 miles away (NOAA).
Largest workplaces in Lexington
- KabaFusion HoldingsHome health agencies2,306
- Takeda Pharmaceuticals Company LimitedCulture media manufacturing2,154
- Lexington SchoolsSchool district1,209FTE
- Fujifilm Healthcare Americas Corporation LexingtonArc lamp units, electrotherapeutic, manufacturing1,003
- Brookhaven at LexingtonContinuing care retirement communities250
- Wilson FarmGrocery stores205
- Care ONE at LexingtonNursing care facilities184
- GenezenGene therapy preparations manufacturing169
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 22 workplaces with 20 or more staff, 7,254 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsRelatively high
- HurricanesRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Lexington’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Middlesex County and the Boston-Cambridge-Newton, MA-NH metro.
Lexington home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Lexington$1,551,065
- Massachusetts$655,219
- United States$366,157
Sellers are cutting prices on about 1 in 4 Lexington listings, and the typical home goes pending in 28 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Lexington25.96%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Lexington28
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Lexington119
New listings per month
Sellers arriving at the market.
- Lexington30
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Lexington$1,381,703
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Lexington102.80%
Zip codes with a Lexington address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Lexington — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Lexington
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 02421 | Lexington | 18,080 | $3,253 | $1,593,298 |
| 02420 | Lexington | 16,215 | $4,108 | $1,505,966 |