Lexington, KY Home Values & Market Trends
Real estate market trends reflect that there have been 4,771 transactions over the past year in Lexington. The median value for residential home transactions that occurred over the previous year is $346,487. The number of current listings in Lexington is 4,519, and the percentage of properties for sale in the city is 4519.00%. Lexington, KY currently has 121 properties in foreclosure, 2 bank owned properties, 18 properties headed for auction, and 4,519 properties for sale.
Lexington, KY Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 40509 | $ 420,000 $ 214/sqft | 40514 | $ 361,267 $ 227/sqft |
| 40515 | $ 386,457 $ 212/sqft | 40513 | $ 620,606 $ 244/sqft |
| 40511 | $ 324,053 $ 198/sqft | 40516 | $ 313,761 $ 197/sqft |
| 40517 | $ 275,000 $ 216/sqft | 40507 | $ 516,019 $ 321/sqft |
| 40503 | $ 377,815 $ 248/sqft | 40510 | $ 716,430 $ 276/sqft |
| 40502 | $ 642,946 $ 314/sqft | 40536 | $ -- $ -- |
| 40505 | $ 250,287 $ 195/sqft | 40526 | $ -- $ -- |
| 40504 | $ 288,695 $ 220/sqft | 40506 | $ -- $ -- |
| 40508 | $ 234,950 $ 200/sqft |
Housing Market Summary for Lexington, KY
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $335K | $339.9K | 1.46% |
| Median Sold Price | $327.5K | $307.4K | -6.14% |
| Homes For Sale | 2,626 | 4,464 | 69.99% |
| Homes Sold | 1,404 | 1,135 | -19.16% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lexington, KY
Browse Homes in Lexington, KY
Lexington home values range from $50,590 to $3,470,204. The median estimated value of a home in Lexington is $346,487. The median list price of a home is 339,900, and the total count of properties in the city is 5,975.
- Pre-ForeclosurePre-foreclosure homes account for 1.69% of all residential properties in Lexington, KY with 40511 containing 22 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 17 zips within Lexington, KY; of those zips, the estimated home value for pre-foreclosure homes ranges from $406,540 in 40507 to the lowest home value of $124,254 in 40505.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lexington, KY ranges from the highest value of $521,505 in 40509 to the lowest value of $521,505 in 40516. Bank owned homes and properties account for 0.03% of properties in Lexington, KY. There are 17 zips within Lexington, KY; 40516 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions40505 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Lexington, KY. Auction homes and other auction properties account for 0.30% of all properties in Lexington, KY. There are 17 zips within Lexington, KY; of those zips, the median estimated home value for homes going to auction ranges from $334,000 in 40514 to the lowest value of $131,865 in 40514.
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More Real Estate Resources for Lexington, KY
Guide for Lexington, KY
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
