KY · Metro #110

Lexington - KY housing market

The Lexington metro has a typical home value of $327,773, up 3.1% from a year ago. Homes are moving fast at 10 days on market, a strong seller's market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$327,773
+3.1% vs. year ago
Median sale price
$325,838
+5.4% YoY
Median list price
$393,132
Sale-to-list ratio
98.6%
Selling below ask
Days on market
10d
Listings w/ price cut
26.7%
New listings / mo
715
+11.2% YoY
Homes for sale
1,822
+17.7% YoY
Typical rent
$1,541/mo
+3.4% YoY
Rent vs buy
17.7x
Context

How to read this data

The typical home value ($327,773) is the Zillow Home Value Index for the Lexington - KY metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 3.1% over the past year. In Lexington - KY, that means a home worth $317,918 last year is now worth roughly $327,773.

The median sale price, what homes actually close for, is $325,838. Homes are selling at 98.6% of list price, meaning buyers have room to negotiate.

Homes listed in Lexington - KY sit on the market for roughly 10 days before going pending. Shorter = seller's market; longer = buyer's market.

About 26.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 715 new listings hit the market each month in Lexington - KY. There are currently 1,822 homes for sale, up 17.7% from a year ago.

The typical monthly rent in Lexington - KY is $1,541, up 3.4% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 17.7x, toss-up (#85 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,685 a month in principal and interest, $144 more than renting before taxes, insurance and upkeep. The two break even at a 5.81% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in KY

MetroHome value1-yr changeDays on market
Louisville - KY$282,043 +1.5% 12.0d
Get new posts in your inbox. No spam, unsubscribe anytime.