40515 Home Values & Market Trends
There are 590 homes currently listed for 40515. 40515 real estate market trends show that home prices range from $195,900 to $2,295,000, and the median sales price in the 40515 zip code is $385,000. The total number of properties sold within the past twelve months is 593. In 40515, 14 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
40515 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Lexington | $ 346,208 $ 219/sqft |
Housing Market Summary for 40515
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $389.9K | $399K | 2.33% |
| Median Sold Price | $354.2K | $332.1K | -6.23% |
| Homes For Sale | 314 | 568 | 80.89% |
| Homes Sold | 151 | 119 | -21.19% |
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 40515
Browse Homes in 40515
The median list price of a home in Lexington, is $385,000. A total of 590 properties are for sale, and the percentage of properties for sale in the zip code is 590.00%. The total count of 40515 properties is 754.
- Pre-ForeclosurePre-foreclosure homes account for 1.59% of all residential properties in 40515 with lexington containing 101 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40515; 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 40515 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 40515. There is 1 cities within 40515; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslexington has 17 auction properties, the highest number of properties going to auction in a single city in the state of 40515. Auction homes and other auction properties account for 0.27% of all properties in 40515. There is 1 cities within 40515; of that cities, the median estimated home value for homes going to auction ranges from $510,793 in lexington to the lowest value of $131,865 in lexington.
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Guide for 40515





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 […]

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