Lexington - KY housing market
The Lexington metro has a typical home value of $329,050, up 3.0% from a year ago. Homes are moving fast at 8 days on market, a strong seller's market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($329,050) 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 3.0% over the past year. In Lexington - KY, that means a home worth $319,466 last year is now worth roughly $329,050.
The median sale price , what homes actually close for , is $323,625. Homes are selling at 98.4% of list price, meaning buyers have room to negotiate.
Homes listed in Lexington - KY sit on the market for roughly 8 days before going pending. Shorter = seller's market; longer = buyer's market.
About 25.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 714 new listings hit the market each month in Lexington - KY. There are currently 1,747 homes for sale, up 16.2% from a year ago.
The typical monthly rent in Lexington - KY is $1,534, up 3.3% year over year. For investors, the price-to-rent ratio here is roughly 18x annual rent.
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.
Other metros in KY
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Louisville - KY | $284,065 | +1.6% | 10.0d |