40502 Home Values & Market Trends

There are 405 homes currently listed for 40502. 40502 real estate market trends show that home prices range from $159,900 to $2,999,000, and the median sales price in the 40502 zip code is $642,946. The total number of properties sold within the past twelve months is 407. In 40502, 2 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

40502 Real Estate Market Overview

CityMedian Est. Value
Lexington

$ 345,845

$ 219/sqft

Housing Market Summary for 40502

Sep 2025September 2026Change
Median Listing Price$612K$589.9K-3.61%
Median Sold Price$564.4K$493.6K-12.55%
Homes For Sale24439963.52%
Homes Sold143128-10.49%
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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 40502

The median list price of a home in Lexington, is $642,946. A total of 405 properties are for sale, and the percentage of properties for sale in the zip code is 405.00%. The total count of 40502 properties is 547.

Foreclosure
There is 1 cities within 40502; within this cities, the median estimated home value for homes in foreclosure ranges from $981,832 in lexington to the lowest value of $124,254 in lexington. Foreclosure homes account for 0.00% of properties in 40502 with lexington containing 120 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.37% of all residential properties in 40502 with lexington containing 102 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40502; of that cities, the estimated home value for pre-foreclosure homes ranges from $636,830 in lexington to the lowest home value of $124,254 in lexington.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 40502 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 40502. There is 1 cities within 40502; 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 40502. Auction homes and other auction properties account for 0% of all properties in 40502. There is 1 cities within 40502; 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 74.04% of residential properties in 40502 with lexington containing 4519 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 40502; homes for sale in that cities, have a range of median values from $3,470,204 in lexington to the lowest value of $65,464 in lexington.
    Sold Homes
    The median value for recently sold homes ranges from $3,348,129 in lexington to the lowest price of $50,590 in lexington. There is 1 cities within 40502. lexington has 1172 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 25.23% of properties in 40502.

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      Guide for 40502

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.