Market Overview
Home Prices in Lexington Park, MD
The median home value in Lexington Park, MD is $392,148 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lexington Park are priced4% below average. Lexington Park is part of the California-Lexington Park, MD metro area.
Over the past five years, Lexington Park home values have risen by approximately21.2%, reflecting strong long-term appreciation in this market.
Price History
Lexington Park Home Price Trend
City Comparison
Lexington Park vs. National Median
At $392,148, homes in Lexington Park cost 4% below the national median of $410,000. This makes Lexington Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lexington Park?
20% Down Payment
$78,430
on $392,148
Monthly P&I
$2,045/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,597/mo
incl. taxes & insurance
Income Needed
$103,880
gross annual (30% rule)
10% Down Option
$39,215
+ PMI applies
Loan Amount (20% dn)
$313,718
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lexington Park, MD?
The median home value in Lexington Park is $392,148 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Lexington Park?
Over the past year, home values in Lexington Park have increased by 3.2%. Over five years, prices have risen approximately 21.2%.
How much do I need to earn to buy a home in Lexington Park?
To comfortably afford the median home price of $392,148 with a 20% down payment ($78,430) at today's rates (6.8%), you'd need a gross annual income of approximately $103,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Lexington Park compare to the national average home price?
The national median home value is approximately $410,000. At $392,148, homes in Lexington Park are 4% below the national average.
What metro area is Lexington Park part of?
Lexington Park is part of the California-Lexington Park, MD metropolitan area. Home prices and market conditions can vary across the broader metro region.