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Lexington

Lexington

Located in Davidson County

$240,012 Average Value
$177 Average Price per Sq Ft
61 Homes For Sale

A new chapter for one of central North Carolina’s industry cities

Twenty miles south of Winston-Salem is the small central North Carolina city of Lexington. This diverse community of about 20,000 people is known worldwide for hosting the largest one-day festival in the Southeast, drawing in tens of thousands of tourists seeking a plate of its signature barbecue. This ordinarily quiet city is on an upswing, steadily growing as new employers set up shop, ushering in a wave of investment and opportunities. “We’re in a redefining moment,” says Mayor Jason Hayes, a Lexington native entering his fourth year in office. “There are people who have lived their whole lives here, but more and more, I’m seeing people that I do not know. We have retirees that are coming here. There are folks that are living here because they work remotely, and they like the access and affordability.”

Settled in 1775 and incorporated as the seat of Davidson County in 1847, Lexington flourished as a textile and furniture manufacturing town throughout the 20th century. However, the city would face economic hardships when these major employers shuttered operations in the 1990s and early 2000s. The community has been on a path of revival ever since, recently welcoming new companies like Siemens Mobility, Nucor Rebar Fabrication and U.S. Foods.

The Bar-B-Q Center is one of several barbecue restaurants in Lexington, NC.
The Bar-B-Q Center is one of several barbecue restaurants in Lexington, NC.
There are many companies like Nucor building in Lexington.
There are many companies like Nucor building in Lexington.
There are several warehouses within the Lexington area.
There are several warehouses within the Lexington area.
Many businesses are making Lexington their new home.
Many businesses are making Lexington their new home.
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Barbecue is big in Lexington

The self-titled “Barbecue Capital of the World,” Lexington knows a thing or two about cooking meats low and slow. In addition to having 13 barbecue restaurants, the city is known for its own style of barbecue, which draws over 100,000 people from around the world for the annual Lexington Barbecue Festival, held every October in Uptown. “There are three components to Lexington-style barbecue,” Mayor Hayes says. “It has to be pork shoulders. It has to be cooked over wood coals and served with a tomato-based sauce.”

The Davidson County Historical Museum, a towering Greek Revival courthouse from the mid-1800s, anchors the Uptown Historic District, the city’s Main Street stretch hosting local businesses, bars and boutiques. “In a time when towns of our size are struggling to keep a vibrancy, we have an interesting mix of shops that have been around for 75 to over 100 years,” Mayor Hayes says.

The growing Depot District is adjacent to Uptown. This small borough is transforming as former warehouses left vacant by the manufacturing downturn of the 1990s are being repurposed into breweries, arcade bars and event venues, such as the Breeden Insurance Amphitheater. The approved Railroad Street Market Project will bring apartments, high-end townhouses, a distillery and a food hall to this district over the next few years.

Lexington Barbecue has it's smoker filled and ready to serve.
Lexington Barbecue has it's smoker filled and ready to serve.
You can enjoy a great meal with friends at Speedy's in Lexington, NC.
You can enjoy a great meal with friends at Speedy's in Lexington, NC.
You can enjoy a brew and play your favorite arcade games in the Depot District in Lexington.
You can enjoy a brew and play your favorite arcade games in the Depot District in Lexington.
Lexington residents can learn a lot about the history of their town at the local museum.
Lexington residents can learn a lot about the history of their town at the local museum.
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Whimsical pigs and the Bob Timberlake Gallery

From concerts at Midway Music Hall to musicals at Lexington Live Community Theater, Lexington’s arts scene is thriving. Colorful fiberglass pig statues painted by local artists dot the city as part of a public art initiative called “Pigs in the City.” An online map helps residents and tourists discover each one. Lexington is also home to Bob Timberlake’s art gallery and museum. Timberlake, who grew up in the city, is a decorated realist painter and furniture designer known for his watercolor depictions of life in North Carolina. His works have been featured in exhibits worldwide.

While not home to any major sports teams, Lexington is about 6 miles away from the Richard Childress Racing Museum, where visitors can explore the history of NASCAR drivers Richard Childress and Dale Earnhardt.

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The pigs are dressed and ready for carols in downtown Lexington, NC.
The pigs are dressed and ready for carols in downtown Lexington, NC.
You can find judicial pigs and many more in downtown Lexington, NC.
You can find judicial pigs and many more in downtown Lexington, NC.
You can find several pigs throughout the downtown Lexington area.
You can find several pigs throughout the downtown Lexington area.
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City green spaces and Boone’s Cave Park close by

Nearly 30 parks dot Lexington, from quiet neighborhood places for playdates and morning walks like Grimes Park to lively adventure-focused spots, such as Lexington Skate Park. According to the Trust For Public Land, half of the city’s residents can reach one of these green spaces on foot within 10 minutes. The city is a short drive to regional recreation destinations, including the 100-acre Boone’s Cave Park, offering wooded hiking trails and canoeing along the Yadkin River, and the Ridge Cycle Hub, featuring nearly 7 miles of mountain bike trails that pass by City Lake. High Rock Lake, the second-largest lake in the state, is less than 15 miles away.

You can enjoy hours of fun at the Lexington Skate Park in Uptown Lexington, NC.
You can enjoy hours of fun at the Lexington Skate Park in Uptown Lexington, NC.
The Davidson Co. Parks and Rec Center is a popular spot for pickleball enthusiasts.
The Davidson Co. Parks and Rec Center is a popular spot for pickleball enthusiasts.
High Rock Lake is a popular destination for residents of Lexington.
High Rock Lake is a popular destination for residents of Lexington.
Lake and golf course in the Lexington Golf Club in  Uptown Lexington, NC.
Lake and golf course in the Lexington Golf Club in Uptown Lexington, NC.
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Hundreds of new homes, century-old properties in Uptown Lexington

Lexington is experiencing a housing boom as developers eye available land. According to Mayor Hayes, roughly 800 new homes were built in the city in 2024, with another 450 approved by the city council. The median price for a home in Lexington is about $300,000.

Bungalows and cottages from the early 1900s and renovated condos dot Uptown Lexington. Farther out from the city center, Craftsman-inspired Modern Transitional homes rest in subdivisions like The Vineyards at Lexington. New construction is filling out new developments on the northern and southern ends of town, such as Dolcetto and Glenoaks Community.

Home construction is a big focus for the town as it grows. One project will transform the historic Dunbar High School, built in the 1950s as the town’s all-Black school before integration. “The city was approached by a developer out of Chapel Hill to revitalize the space into workforce housing with about 65 units,” says Mayor Hayes, who adds that the development will include recreation, art and meeting space. Construction is set to begin in 2025.

You can find Dutch Colonial Style homes in Uptown Lexington, NC.
You can find Dutch Colonial Style homes in Uptown Lexington, NC.
You can find a selection of Bungalow style homes in Uptown Lexington, NC.
You can find a selection of Bungalow style homes in Uptown Lexington, NC.
There are several Victorian style homes in Uptown Lexington, NC.
There are several Victorian style homes in Uptown Lexington, NC.
You can find a selection of A-Frame style homes in Uptown Lexington, NC.
You can find a selection of A-Frame style homes in Uptown Lexington, NC.
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Davidson County Schools partners with Davidson-Davie Community College

Davidson County Schools serves all of Lexington and earns a B-plus overall rating from Niche. Nearly 18,000 students attend the district’s 36 schools, which includes the A-minus-rated Yadkin Valley Regional Career Academy in Lexington. The STEM-focused school offers dual enrollment with nearby Davidson-Davie Community College so students can earn college credits. It also provides the option to attend for a fifth year to complete an associate’s degree in applied science. Davidson County Schools does not offer school choice. However, students can apply through a lottery system to attend Yadkin Valley Regional Career Academy.

Lexington residents can send their children to Davidson-Davie Community College.
Lexington residents can send their children to Davidson-Davie Community College.
The mascot of Lexington High School is the Yellow Jackets.
The mascot of Lexington High School is the Yellow Jackets.
The mascot of Lexington Middle School is the Yellow Jackets.
The mascot of Lexington Middle School is the Yellow Jackets.
The entrance of South Lexington School radiates a warm and inviting atmosphere.
The entrance of South Lexington School radiates a warm and inviting atmosphere.
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Quick access to Interstate 85, the return of passenger rail

While Uptown is quite walkable, Lexington is a car-dependent community overall. Interstates 85 and 285 hug the city for commutes across the Piedmont Triad. High Point, Winston-Salem and Greensboro are about 18, 20 and 35 miles away, respectively. Davidson County Transportation System operates two bus routes in Lexington, stopping at destinations such as Atrium Health Wake Forest Baptist, the city’s full-service hospital, and Davidson-Davie Community College. Piedmont Triad International is the closest airport, about 43 miles away.

By October 2027, the city will have a permanent train station in the Depot District for the first time since 1975, offering passenger service through Amtrak. Lexington received a $25 million grant for the project in 2020, with construction now underway. Historically, Amtrak has provided temporary service during the Lexington Barbecue Festival to help bring tens of thousands of festivalgoers into the city. The new permanent station will offer daily service to cities, including Charlotte, North Carolina and Richmond, Virginia.

Sustainability and the reality of hurricanes

Lexington’s redevelopment includes a focus on sustainability. The city recently welcomed the biogas company Divert, which converts food waste into renewable fuel. It also received $28 million from the North Carolina Department of Environmental Quality to upgrade its wastewater treatment plant, making it more efficient.

Lexington experiences all four seasons. Humid and hot summers come with the potential of hurricanes and tropical storms, which can cause flooding and damaging winds. As a city with many creeks and small waterways, Lexington participates in the National Floodplain Insurance Program, meaning it has flood prevention and control ordinances.

Crime data specific to Lexington is not readily available.

DeeVa Payne
Written By
DeeVa Payne
Marc Smith
Photography Contributed By
Marc Smith
Brad Davis
Video By
Brad Davis

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Lexington Housing Trends

Housing Trends

Median List Price
$339,990
Median Sale Price
$322,500
Median Single Family Sale Price
$328,464
Median Change From 1st List Price
2%
Last 12 months Home Sales
999
Median Home Sale Price YoY Change
6%
Average Price Per Sq Ft
$177

Neighborhood Facts

Number of Homes in Neighborhood
10,176
Number of Homes for Sale
61
Median Year Built
1967
Months of Supply
0.70
Average Single Family Home Size Sq Ft
1,639
Below the national average
1,924
Average Townhouse Size Sq Ft
1,438
Average 2 Bedroom Size Sq Ft
1,227
Median Lot Size Sq Ft
20,473

Open Houses

  • 311 Marigold Ln, Lexington, NC 27292

    $500,000

    • 3 Beds
    • 2.5 Baths
    • 2,300 Sq Ft
    • 311 Marigold Ln
    • New 3 days ago

    Stop Scrolling... This is THE ONE! Brand-new, move-in ready, and designed to impress! Cozy up by the gas log fireplace and cook like a pro in the quartz-countertop kitchen! Oversized windows flood the room with natural light and offer picture-perfect views of your backyard. BUT WAIT until you see the primary suite... featuring a spa-worthy soaking tub, a dual-head tiled shower, dual sinks, two

    Agent Photo
    Kristy Aguilar
    EverHome Real Estate
    (336) 962-6774
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  • 883 Kapstone Crossing, Lexington, NC 27295

    $119,000

    • 883 Kapstone Crossing
    • New 27 days ago

    What an opportunity in North Davidson County! This large lot in Kapstone can offer the benefits of a subdivision and the privacy of private land. The retention pond area at the entrance of the property could create a magnificent entrance to the family home you've always wanted. Call for your appointment today!

    Agent Photo
    Ben Miller
    Triad Home Real Estate LLC
    (336) 490-2674
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  • 339 Valley Dr, Lexington, NC 27292

    $200,000

    • 2 Beds
    • 2 Baths
    • 1,299 Sq Ft
    • 339 Valley Dr
    • New 30 days ago

    So much opportunity here! Sitting on a generous 0.71-acre lot in a peaceful Lexington setting, this home offers over 1,200 square feet of living space and features a cozy living room with a fireplace, an open dining area, and a functional kitchen ready for your personal touch. Large building included with electricity! The expansive yard and large covered decks offer plenty of room for outdoor

    Agent Photo
    Kristy Aguilar
    EverHome Real Estate
    (336) 489-5567
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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Lexington Has More Renters

Demographics

Total Population
22,089
Median Age
39
Population under 18
25%
On par with the national average
23.8%
Population over 65
18.4%
On par with the national average
19.1%

Finances

Median Household Income
$33,966
Significantly below the national average
$71,702
Average Household Income
$45,325

Education and Workforce

High School Graduates
78.3%
College Graduates
12.9%
Below the national average
34.1%
Advanced Degrees
3.3%
% Population in Labor Force
51.5%
Below the national average
65.1%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
28°F
Average Summer High Temperature
89°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

31 / 100

Car-Dependent

Walk Score®®

32 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lexington