40504 Home Values & Market Trends

There are 19 homes currently listed for 40504. 40504 real estate market trends show that home prices range from $94,900 to $820,000, and the median sales price in the 40504 zip code is $218,425.81. The total number of properties sold within the past twelve months is 328. In 40504, 8 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

40504 Real Estate Market Overview

CityMedian Est. Value
Lexington

$ 300,343

$ 169/sqft

Housing Market Summary for 40504

Apr 2023March 2024Change
Median Listing Price$234.9K$232.5K-1.02%
Median Sold Price$220.4K$232.5K5.50%
Homes For Sale22234.55%
Homes Sold55131138.18%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 40504

The median list price of a home in Lexington, is $218,425.81. A total of 19 properties are for sale, and the percentage of properties for sale in the zip code is 19.00%. The total count of 40504 properties is 6,279.

Foreclosure
There is 1 cities within 40504; within this cities, the median estimated home value for homes in foreclosure ranges from $1,500,000 in lexington to the lowest value of $37,269 in lexington. Foreclosure homes account for 0.00% of properties in 40504 with lexington containing 83 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.13% of all residential properties in 40504 with lexington containing 60 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40504; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,500,000 in lexington to the lowest home value of $101,294 in lexington.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 40504 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 40504. There is 1 cities within 40504; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 40504. Auction homes and other auction properties account for 0% of all properties in 40504. There is 1 cities within 40504; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.30% of residential properties in 40504 with lexington containing 539 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 40504; homes for sale in that cities, have a range of median values from $3,264,100 in lexington to the lowest value of $20,924 in lexington.
    Sold Homes
    The median value for recently sold homes ranges from $2,646,540 in lexington to the lowest price of $24,307 in lexington. There is 1 cities within 40504. lexington has 2021 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.01% of properties in 40504.

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      Guide for 40504

      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      Market Reports
      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      See More Articles
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.

      Recently Listed Homes 40504

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