$215,000
480 Wanstead Way
Lexington, KY
3 bd2 ba1,000 sqft$215/ft²
House7,187 sqft lot
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Sarah Mitchell
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Compass Real Estate · Lexington, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Lexington, KY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Lexington, KY Housing Market & Real Estate
Seller's market+1.4% YoY
Housing market overview · Updated monthly ·
$350,000median sale price
How is the Lexington, KY housing market right now?
The median home sale price in Lexington, KY is $350,000, up 1.4% year-over-year. Homes sell in an average of 35 days with 685 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lexington a buyer's or seller's market?
Seller's market1.7 months of supply35 avg. days on market
Lexington, KY is currently a seller's market, based on 1.7 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
394
Last 12 weeks
Days on market
35
Average pace
Active listings
685
1.7 months supply
Sale-to-list
99.1%
Below asking
What does the Lexington housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $350,000 |
| Median list price | $383,700 |
| Year-over-year price change | +1.4% |
| Average days on market | 35 days |
| Active inventory | 685 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 99.1% |
| Median price per sq ft | $198/sq ft |
| Homes sold (latest month) | 394 |
| New listings (latest month) | 440 |
| Listings with a price cut | 32.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lexington by property type?
How the Lexington, KY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $365,000 | $198/sq ft | 328 | 35 days |
| Condo / Co-op | $271,000 | $218/sq ft | 31 | 33 days |
| Townhouse | $255,000 | $190/sq ft | 33 | 29 days |
Source: Redfin · Updated monthly
The Lexington housing market is currently classified as a seller's market with a median sale price of $350,000. Prices have risen 1.4% compared to last year, with homes spending an average of 35 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lexington
There are currently 685 homes listed for sale in Lexington, Kentucky. The median listing price is $384K. Featured listings range from $215,000 to $749,900.
$279,900
596 Bishop Dr
Lexington, KY
3 bd3 ba2,450 sqft$114/ft²
House7,536 sqft lot
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$285,000
2776 Trailwood Ln
Lexington, KY
3 bd2 ba1,242 sqft$229/ft²
House4,404 sqft lot
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$285,000
2775 Trailwood Ln
Lexington, KY
3 bd2 ba1,242 sqft$229/ft²
House4,400 sqft lot
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$294,900
504 Cricklewood Dr
Lexington, KY
3 bd2 ba1,773 sqft$166/ft²
House7,797 sqft lot
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$299,000
1312 Gray Hawk Rd Apt C
Lexington, KY
2 bd2 ba1,364 sqft$219/ft²
Condo
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$325,000
1925 Sandersville Rd
Lexington, KY
3 bd3 ba2,082 sqft$156/ft²
House7,971 sqft lot
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$365,000
3836 Hapgood Ln
Lexington, KY
3 bd3 ba2,853 sqft$128/ft²
House13,329 sqft lot
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$435,000
3748 Dunswood Pl
Lexington, KY
4 bd3 ba2,321 sqft$187/ft²
House13,112 sqft lot
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$438,000
1787 Sandhurst Cv
Lexington, KY
4 bd3 ba2,127 sqft$206/ft²
House6,098 sqft lot
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$598,000
3104 Dunhill Ct
Lexington, KY
5 bd4 ba4,098 sqft$146/ft²
House7,884 sqft lot
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$749,900
2428 Astarita Way
Lexington, KY
4 bd5 ba5,031 sqft$149/ft²
House8,233 sqft lot
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Looking to buy in Lexington?
Get connected with a local real estate expert — free, no obligation.
Active listings
685
Homes on market
Median list price
$384K
Avg. days on market
35
Days until sale
New this week
440
Newly listed
Price drops:32.1%of listings
Sale-to-list:99.1%
What are homes worth in Lexington?
Zillow home value
$336,762
Zillow rent index
$1,551/mo
Price-to-rent ratio
18.1x
Source: Zillow Research
Which public schools serve Lexington?
50 schools tracked · 38,353 students
The largest public schools serving Lexington, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lafayette High School
Grades 9-12 · 2,373 students
Bryan Station High School
Grades 9-12 · 2,025 students
Henry Clay High School
Grades 9-12 · 1,990 students
Paul Laurence Dunbar High School
Grades 9-12 · 1,889 students
Tates Creek High School
Grades 9-12 · 1,733 students
Frederick Douglass High School
Grades 9-12 · 1,719 students
Edythe Jones Hayes Middle School
Grades 6-8 · 1,070 students
Jessie M Clark Middle School
Grades 6-8 · 985 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lexington, KY?
Want a head-to-head view? Compare Lexington side-by-side with any other U.S. city using our market-comparison tool.
Is Lexington a good real estate investment market?
For investors evaluating Lexington, the price-to-rent ratio of 18.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 1.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lexington's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lexington's median home price.
Frequently asked questions
What is the average home price in Lexington?
The median home sale price in Lexington is $350,000, up 1.4% from last year.
How long do homes stay on market in Lexington?
Homes typically spend 35 days on market before going under contract.
Is Lexington a buyer's or seller's market?
With 1.7 months of supply, Lexington is currently a seller's market.
How many homes are for sale in Lexington?
There are currently 685 homes listed for sale in Lexington, KY.
What is the Zillow home value estimate for Lexington?
The Zillow Home Value Index (ZHVI) for Lexington is $336,762, representing the typical home value in the area.
What is the median condo price in Lexington?
The median condo/co-op sale price in Lexington, KY is $271,000, compared to $365,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lexington?
The median single-family home price in Lexington, KY is $365,000 (about $198 per square foot).
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