States
Kentucky
Fayette County
Lexington
Lexington, KY Home Values & Market Trends
Real estate market trends reflect that there have been 4,226 transactions over the past year in Lexington. The median value for residential home transactions that occurred over the previous year is $273,457.5. The number of current listings in Lexington is 657, and the percentage of properties for sale in the city is 657.00%. Lexington, KY currently has 110 properties in foreclosure, 0 bank owned properties, 20 properties headed for auction, and 657 properties for sale.
Lexington, KY Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 40509 | $ 420,687 $ 170/sqft | 40513 | $ 509,275 $ 165/sqft |
| 40515 | $ 386,425 $ 167/sqft | 40514 | $ 296,564 $ 164/sqft |
| 40502 | $ 481,891 $ 191/sqft | 40507 | $ 351,250 $ 236/sqft |
| 40511 | $ 295,140 $ 167/sqft | 40516 | $ 252,093 $ 144/sqft |
| 40503 | $ 304,877 $ 177/sqft | 40510 | $ 561,460 $ 154/sqft |
| 40517 | $ 240,750 $ 143/sqft | 40536 | $ -- $ -- |
| 40505 | $ 200,000 $ 143/sqft | 40526 | $ -- $ -- |
| 40508 | $ 177,439 $ 140/sqft | 40506 | $ -- $ -- |
| 40504 | $ 259,900 $ 181/sqft |
See More
Housing Market Summary for Lexington, KY
| Jun 2023 | May 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $359.9K | $349K | -3.03% |
| Median Sold Price | $253.2K | $285.6K | 12.82% |
| Homes For Sale | 538 | 653 | 21.38% |
| Homes Sold | 134 | 2,004 | 1395.52% |
Price
$/Sqft
Homes For Sale
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 $19,264 to $35,546,133. The median estimated value of a home in Lexington is $273,457.5. The median list price of a home is 349,000, and the total count of properties in the city is 98,887.
Foreclosure
There are 17 zips within Lexington, KY; within these zips, the median estimated home value for homes in foreclosure ranges from $279,798 in 40508 to the lowest value of $51,180 in 40508. Foreclosure homes account for 0.00% of properties in Lexington, KY with 40509 containing 20 foreclosures, the highest number of foreclosure properties in a single zip.
- Pre-Foreclosure
Pre-foreclosure homes account for 0.09% of all residential properties in Lexington, KY with 40509 containing 16 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 $1,500,000 in 40516 to the lowest home value of $51,180 in 40508.
- Bank Owned
The median estimated home value of bank owned homes (REO properties) in Lexington, KY 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 Lexington, KY. There are 17 zips within Lexington, KY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions
40509 has 4 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 0.02% 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 $525,000 in 40503 to the lowest value of $90,418 in 40503.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.66% of residential properties in Lexington, KY with 40509 containing 113 homes for sale, the highest number of listed properties in a single zip. There are 17 zips within Lexington, KY; homes for sale in those zips, have a range of median values from $561,460 in 40510 to the lowest value of $21,847 in 40508.
Sold Homes
The median value for recently sold homes ranges from $1,203,600 in 40513 to the lowest price of $24,966 in 40513. There are 17 zips within Lexington, KY. 40509 has 315 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.02% of properties in Lexington, KY.
Loading...
Compare Nearby Cities
Price
$/Sqft
Homes For Sale
Lexington, KY
$
$
More Real Estate Resources for Lexington, KY
Popular Cities
Lexington Homes For SaleVersailles Homes For SaleNicholasville Homes For SaleMidway Homes For SaleWilmore Homes For Sale
Georgetown Homes For SaleSalvisa Homes For SaleParis Homes For SaleStamping Ground Homes For SaleWinchester Homes For SaleRichmond Homes For SaleFrankfort Homes For SaleLawrenceburg Homes For SaleSadieville Homes For SaleHarrodsburg Homes For SaleLancaster Homes For SaleMillersburg Homes For SaleWaco Homes For SaleCynthiana Homes For SaleWaddy Homes For Sale
Popular Zip Codes
Homes For Sale in 40508Homes For Sale in 40507Homes For Sale in 40503Homes For Sale in 40502Homes For Sale in 40513
Homes For Sale in 40514Homes For Sale in 40517Homes For Sale in 40505Homes For Sale in 40511Homes For Sale in 40509Homes For Sale in 40516Homes For Sale in 40515Homes For Sale in 40383Homes For Sale in 40356Homes For Sale in 40347Homes For Sale in 40390Homes For Sale in 40324Homes For Sale in 40372Homes For Sale in 40361Homes For Sale in 40379
Guide for Lexington, KY
Market Reports
Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
Market Reports
Louisville Property Values Climb Steadily Through April 2024 Amid Market Fluctuations
How to Handle Squatters in Foreclosed Properties
Home Buying Guides & Tips
What Should Be Included in a Plumbing Inspection
Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
Market Reports|posted 20 March 2024
This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.
Read More
Louisville Property Values Climb Steadily Through April 2024 Amid Market Fluctuations
Market Reports|posted 24 May 2024
The Louisville, Kentucky real estate market displays a generally upward trend with consistent property value appreciation and healthy investor confidence.
Read More
How to Handle Squatters in Foreclosed Properties
|posted 5 June 2024
Learn effective strategies for dealing with squatters in foreclosed properties.
Read More
What Should Be Included in a Plumbing Inspection
Home Buying Guides & Tips|posted 4 June 2024
Learn what a plumbing inspector does and why you need them at RealtyTrac.
Read More
