40517 Home Values & Market Trends
There are 471 homes currently listed for 40517. 40517 real estate market trends show that home prices range from $129,900 to $580,000, and the median sales price in the 40517 zip code is $274,950. The total number of properties sold within the past twelve months is 532. In 40517, 15 properties are in foreclosure, 0 are bank owned properties,and 3 are headed for auction.
40517 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Lexington | $ 346,791 $ 219/sqft |
Housing Market Summary for 40517
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $275K | $269.9K | -1.85% |
| Median Sold Price | $271.5K | $235K | -13.45% |
| Homes For Sale | 252 | 466 | 84.92% |
| Homes Sold | 147 | 113 | -23.13% |
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 40517
Browse Homes in 40517
The median list price of a home in Lexington, is $274,950. A total of 471 properties are for sale, and the percentage of properties for sale in the zip code is 471.00%. The total count of 40517 properties is 617.
- Pre-ForeclosurePre-foreclosure homes account for 1.94% of all residential properties in 40517 with lexington containing 100 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40517; 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 40517 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 40517. There is 1 cities within 40517; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslexington has 18 auction properties, the highest number of properties going to auction in a single city in the state of 40517. Auction homes and other auction properties account for 0.49% of all properties in 40517. There is 1 cities within 40517; 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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More Real Estate Resources for 40517
Guide for 40517
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.
