Lexington, VA Real Estate & Homes for Sale

white houses for sale in lexington virginia
Lexington, Virginia, is a historic gem in the Shenandoah Valley that combines small-town charm, cultural richness, and outdoor beauty. As the county seat of Rockbridge County and home to two prestigious universities, Lexington attracts homebuyers seeking a unique blend of academic influence, scenic living, and strong community values. Whether you’re looking for a family home, investment property, or peaceful retreat, Lexington offers a diverse real estate market suited to many lifestyles. To view current listings or schedule a tour, call Matthias John Realty at (434) 906-4630 or use the contact form below to get started.

Why Live in Lexington, VA?

Academic and Cultural Hub

Lexington is home to Washington and Lee University and the Virginia Military Institute (VMI). These institutions infuse the town with intellectual vitality, cultural events, and a strong sense of tradition.

Historic Downtown

The downtown area features cobblestone streets, preserved 19th-century architecture, boutique shops, and locally owned restaurants. Residents enjoy a walkable lifestyle with access to farmers markets, coffee shops, and galleries.

Outdoor Adventures

Situated in the heart of the Shenandoah Valley, Lexington offers easy access to hiking, biking, fishing, and kayaking. The nearby Maury River Greenway and Chessie Nature Trail are popular local spots for recreation.

Rich Heritage

From Civil War landmarks to museums and historic cemeteries, Lexington celebrates its role in American history. Notable sites include Lee Chapel, the Stonewall Jackson House, and the George C. Marshall Museum.

Community Spirit

Lexington’s sense of connection and hospitality is unmatched. Seasonal festivals, community volunteer programs, and civic engagement opportunities create a strong sense of pride among residents.

Lexington Real Estate Market Overview

Lexington features a variety of homes, from stately historic residences to new construction properties. Popular housing types include:
  • Restored colonial and Victorian homes near downtown
  • Modern single-family homes with mountain views
  • Townhomes and condos near campus and shopping centers
  • Rural estates and farmhouses with acreage
  • Custom-built properties with sustainable features and energy-efficient upgrades
Many properties in Lexington feature architectural details like hardwood floors, fireplaces, wraparound porches, and mature landscaping. The median home price is competitive compared to other parts of Virginia, making Lexington an accessible yet prestigious place to live. Buyers can find:
  • In-town homes within walking distance of shops and schools
  • Larger homes on the outskirts with private acreage
  • Investment properties near the universities, ideal for faculty housing or rentals
  • Vacant lots with development potential in Rockbridge County

Location and Accessibility

Lexington offers the perfect balance of serenity and convenience. The city is:
  • About 60 minutes from Roanoke
  • 45 minutes from Staunton
  • 1.5 hours from Charlottesville
Lexington is conveniently located near Interstates 64 and 81, making travel across Virginia and the broader Mid-Atlantic region easy. The area is served by regional airports in Roanoke and Charlottesville for domestic flights. For those who work remotely or commute occasionally, Lexington’s broadband internet access and serene setting make it a hidden gem for digital professionals.

Education and Schools

Lexington is served by:
  • Lexington City Schools, including Waddell Elementary and Lylburn Downing Middle School
  • Rockbridge County High School, just outside city limits
For higher education, Washington and Lee University and VMI offer not only academic opportunities but also public access to lectures, performances, and sporting events. Nearby private and preparatory schools also provide additional educational options for families seeking alternative academic environments.

Community and Lifestyle

  • Arts and Culture: The town supports a thriving arts scene with venues like Lime Kiln Theater and the Lenfest Center for the Arts. Regular events include film festivals, concerts, and community theater.
  • Dining and Shopping: Lexington offers everything from farm-to-table restaurants and wine bars to antique stores and bookstores. The downtown scene is ideal for weekend strolls and casual evenings out.
  • Festivals and Events: Residents enjoy events like the Rockbridge Wine Festival, summer music series, the Lexington Christmas Parade, and Civil War reenactments. These activities create a strong sense of belonging and community pride.
  • Outdoor Recreation: In addition to local trails and rivers, the Blue Ridge Parkway and Jefferson National Forest are easily accessible, offering camping, scenic drives, and wildlife observation. Nature enthusiasts enjoy birdwatching, mountain biking, horseback riding, and stargazing year-round.
  • Healthcare and Services: Lexington is home to Carilion Rockbridge Community Hospital and other essential healthcare providers, offering high-quality care and wellness services for residents.

Investment Potential

Lexington is a smart choice for real estate investment due to:
  • Consistent demand from university faculty, students, and tourists
  • Historic appeal that attracts long-term residents and short-term renters
  • Stable property values with room for appreciation
Vacation rentals and long-term rental properties are common, especially near the downtown and university areas. Real estate investors often see high occupancy rates and steady returns from both traditional rentals and short-term vacation homes.

Work with a Local Realtor at Matthias John Realty

Matthias John Realty understands the nuances of the Lexington real estate market and the lifestyle that draws buyers to this vibrant area. Whether you’re relocating, investing, or buying your first home, our team is here to guide you every step of the way. To schedule a showing or get listing alerts, call (434) 906-4630 or complete the contact form below.

FAQs About Lexington, VA Real Estate

What types of homes are available in Lexington?

You’ll find historic homes, new construction, townhouses, and country properties.

Is Lexington a good place for families?

Yes. With excellent schools, low crime, and a strong community atmosphere, it’s very family-friendly.

Can I find investment properties in Lexington?

Absolutely. Homes near Washington and Lee or VMI often make ideal rentals.

What are the local amenities like?

Lexington has great dining, shopping, healthcare, and outdoor activities all within a small-town setting.

Are there job opportunities nearby?

Yes. Education, healthcare, and tourism are major industries in the area.

What is the climate like in Lexington, VA?

Lexington experiences four distinct seasons with mild winters and beautiful fall foliage, making it ideal for seasonal activities.

Are there pet-friendly parks and trails?

Yes. The Chessie Trail and local parks are popular for pet owners, offering pet-friendly walking and picnic spots.
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