40508 Home Values & Market Trends
There are 251 homes currently listed for 40508. 40508 real estate market trends show that home prices range from $34,900 to $799,000, and the median sales price in the 40508 zip code is $234,950. The total number of properties sold within the past twelve months is 249. In 40508, 4 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.
40508 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Lexington | $ 346,135 $ 219/sqft |
Housing Market Summary for 40508
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $294K | $240K | -18.37% |
| Median Sold Price | $171.2K | $221K | 29.06% |
| Homes For Sale | 157 | 246 | 56.69% |
| Homes Sold | 63 | 75 | 19.05% |
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 40508
Browse Homes in 40508
The median list price of a home in Lexington, is $234,950. A total of 251 properties are for sale, and the percentage of properties for sale in the zip code is 251.00%. The total count of 40508 properties is 339.
- Pre-ForeclosurePre-foreclosure homes account for 1.18% of all residential properties in 40508 with lexington containing 106 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40508; of that cities, the estimated home value for pre-foreclosure homes ranges from $867,662 in lexington to the lowest home value of $124,254 in lexington.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 40508 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 40508. There is 1 cities within 40508; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 40508. Auction homes and other auction properties account for 0% of all properties in 40508. There is 1 cities within 40508; 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.
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More Real Estate Resources for 40508
Guide for 40508
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.
