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LEXINGTON, KY 40503

Real Estate Market Report  ·  Fayette County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
61
⇧ 38.6% vs 44 last year
Pending
24
39% pending ratio
Median Price
$369,950
⇩ 7.4% vs $399,450 last year
Average Price
$400,229
vs $400,348 last year
Days on Market
62
⇧ 5.1% vs 59 days last year

Market Context

Population: 28,186  ·  Density: 1,231.9/mi²  ·  Median household income: $71,131

Typical home value: $259,789  ·  Homeownership: 63.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LEXINGTON, KY real estate market (40503) currently shows 61 active listings, with 24 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 62 days on market compared to 59 days last year.

The median listing price has fallen 7.4% year-over-year, from $399,450 to $369,950.

Whether you are buying or selling in LEXINGTON, KY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 61 this year vs 44 last year
  • Days on market: 62 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $369,950 (-7.4% YoY)
  • Average: $400,229 (+-0% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.7 miles — 1,403 listings ($709,770,677 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40503Lexington, KY 405030.0 mi61$24,413,969$369,950$400,229
40504Lexington, KY 405042.6 mi48$23,271,456$297,450$484,822
40502Lexington, KY 405022.9 mi97$78,591,534$598,500$810,222
40508Lexington, KY 405083.6 mi47$13,177,484$235,000$280,372
40505Lexington, KY 405055.7 mi61$17,614,665$257,500$288,765
40515Lexington, KY 405158.7 mi117$75,894,858$583,331$648,674
40356Nicholasville, KY 403569.3 mi287$157,864,637$419,900$550,051
40516Lexington, KY 4051610.3 mi4$11,526,668$2,650,000$2,881,667
40390Wilmore, KY 4039012.8 mi23$24,452,726$1,425,000$1,063,162
40324Georgetown, KY 4032416.8 mi247$105,989,676$405,850$429,108
40475Richmond, KY 4047520.7 mi268$117,753,572$353,900$439,379
40361Paris, KY 4036121.8 mi75$27,065,700$299,900$360,876
40444Lancaster, KY 4044422.7 mi68$32,153,732$362,500$472,849

Frequently Asked Questions

How many homes are for sale in LEXINGTON, KY 40503?

As of January 2026, there are 61 active listings in LEXINGTON, KY (zip code 40503), compared to 44 the prior year.

What is the median home price in LEXINGTON, KY 40503?

The median listing price in LEXINGTON, KY 40503 is $369,950 as of January 2026, a 7.4% decrease from $399,450 the prior year.

How long do homes stay on the market in LEXINGTON, KY?

Homes in LEXINGTON, KY 40503 spend an average of 62 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in LEXINGTON, KY 40503?

Based on current inventory and days-on-market data as of January 2026, LEXINGTON, KY 40503 is currently a Buyer's Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 62 days on market compared to 59 days last year.

How much can I save on real estate commission in LEXINGTON, KY?

With SELL123.com's maximum 3% commission, sellers in LEXINGTON, KY 40503 save an estimated $7,399 compared to a typical 5% commission on the median listing price of $369,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.