The story of this market
The typical home in ZIP 02420 sells for about $3,034,500, or $568 per square foot.
Prices are up +15.15% from a year ago, so sellers still have some momentum. Homes take about 21 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,801 a month.
ZIP 02420 — Lexington
The 02420 housing market remains highly competitive, driven by strong demand for top-rated schools and proximity to Boston. While inventory is extremely tight, the market has shown resilience with high price points and steady demand from affluent buyers.
This ZIP is best suited for affluent families seeking top-tier public schools and professionals working in the Greater Boston technology and academic sectors.
Median prices moved up 15.2% year over year.
Homes spend a median of 21 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 2.8% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 02420, Middlesex County, MA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Lexington is widely recognized for its high-performing public school system, which is a primary driver of local housing demand.
The area benefits from proximity to the Boston-Cambridge innovation corridor, with strong demand driven by high-income professionals in technology and education.
Property taxes are assessed at the municipal level by the Town of Lexington based on fair market value; specific exemptions exist for seniors and veterans.
Residents primarily commute to Boston and Cambridge via I-95 and Route 2, with limited direct rail access requiring transit to nearby hubs.
The area features extensive conservation land, walking trails, and historic sites, alongside local shopping and dining in Lexington Center.
The rental market is characterized by high demand and limited inventory, with prices reflecting the premium nature of the Lexington school district.
The local economy is anchored by the proximity to major biotech, pharmaceutical, and academic institutions in the Greater Boston area.
Access is primarily via highway corridors including I-95 and Route 2, with bus connections to MBTA Red Line stations.
Development is largely focused on residential infill and the preservation of historic and conservation areas.
Parcels are served by the Lexington Public Schools district and various municipal utility services.
Data retrieved from US Census Bureau and ZIP-Codes.com.
- Boston Tea Party Ships & Museum4.611.5 mi
- Kimball Farm Westford4.613.6 mi
- F1 Arcade Boston4.511.8 mi
- Museum of Illusions Boston4.511.1 mi
- Boda Borg Boston4.78.1 mi
- Fenway Park4.810.1 mi
- TD Garden4.610.5 mi
- Thomas M. Menino Convention & Exhibition Center4.512 mi
- MGM Music Hall at Fenway4.410.2 mi
- Topgolf Boston - Canton3.918.8 mi
- Fenway Park4.810.1 mi
- Boston Common4.710.8 mi
- Museum of Fine Arts, Boston4.810.6 mi
- New England Aquarium4.411.3 mi
- Harvard Square4.68 mi
- Museum of Fine Arts, Boston4.810.6 mi
- Boston Public Library4.810.6 mi
- Isabella Stewart Gardner Museum4.710.6 mi
- Museum of Science4.710 mi
- Boston Tea Party Ships & Museum4.611.5 mi
- Boston Common4.710.8 mi
- Franklin Park Zoo4.412.7 mi
- Public Garden4.810.7 mi
- Charles River Esplanade4.810.3 mi
- Arnold Arboretum of Harvard University4.811.8 mi
- Burlington Mall4.41.6 mi
- Encore Boston Harbor4.39 mi
- Prudential Center Boston4.510.6 mi
- Quincy Market4.511 mi
- Faneuil Hall Marketplace4.511 mi
- Boston Logan International Airport4.112.7 mi
- Park Shuttle & Fly4.511.6 mi
- The Lounge3.412.3 mi
- DaCoopas Pizza4.111.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The site of the first shot of the American Revolutionary War.
A popular multi-use rail trail connecting Lexington to neighboring towns.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.