Lexington-Fayette, KY Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Lexington-Fayette, KY is $350,000, up 4.5% year-over-year. Homes sell in an average of 60 days with 587 active listings. The market is currently a balanced market.
$350,000median sale price
Is Lexington-Fayette a buyer's or seller's market?
Lexington-Fayette, KY is currently a balanced market, based on 2.4 months of supply and homes selling in about 60 days. How we determine this →
Homes sold
244
Last 12 weeks
Days on market
60
Average pace
Active listings
587
2.4 months supply
Sale-to-list
98.0%
Below asking
Lexington-Fayette, KY market data
| Metric | Value |
|---|---|
| Median sale price | $350,000 |
| Median list price | $350,000 |
| Year-over-year price change | +4.5% |
| Average days on market | 60 days |
| Active inventory | 587 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 98.0% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Lexington-Fayette housing market is currently classified as a balanced market with a median sale price of $350,000. Prices have risen 4.5% compared to last year, with homes spending an average of 60 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Lexington-Fayette
There are currently 587 homes listed for sale in Lexington-Fayette, Kentucky. The median listing price is $350K.
Active listings
587
Homes on market
Median list price
$350K
Avg. days on market
60
Days until sale
New this week
239
Newly listed
Explore nearby cities in KY
Frequently asked questions
What is the average home price in Lexington-Fayette?
The median home sale price in Lexington-Fayette is $350,000, up 4.5% from last year.
How long do homes stay on market in Lexington-Fayette?
Homes typically spend 60 days on market before going under contract.
Is Lexington-Fayette a buyer's or seller's market?
With 2.4 months of supply, Lexington-Fayette is currently a balanced market.
Get Lexington-Fayette market alerts
Weekly updates on prices, inventory, and trends. Free forever.