Population: 25,518 · Density: 2,342.2/mi² · Median household income: $27,711
Typical home value: $142,514 · Homeownership: 27.5%
Data as of January 2026. Source: Realtor.com.
The LEXINGTON, KY real estate market (40508) currently shows 47 active listings, with 6 pending sales. Homes are averaging 84 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 84 days on market compared to 78 days last year.
The median listing price has fallen 2.4% year-over-year, from $240,725 to $235,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 40508 | Lexington, KY 40508 | 0.0 mi | 47 | $13,177,484 | $235,000 | $280,372 |
| 40504 | Lexington, KY 40504 | 2.3 mi | 48 | $23,271,456 | $297,450 | $484,822 |
| 40502 | Lexington, KY 40502 | 2.7 mi | 97 | $78,591,534 | $598,500 | $810,222 |
| 40517 | Lexington, KY 40517 | 4.6 mi | 89 | $24,214,586 | $249,900 | $272,074 |
| 40514 | Lexington, KY 40514 | 5.8 mi | 36 | $14,128,128 | $367,500 | $392,448 |
| 40513 | Lexington, KY 40513 | 6.3 mi | 41 | $26,103,634 | $609,900 | $636,674 |
| 40509 | Lexington, KY 40509 | 8.2 mi | 218 | $121,445,402 | $499,000 | $557,089 |
| 40356 | Nicholasville, KY 40356 | 12.7 mi | 287 | $157,864,637 | $419,900 | $550,051 |
| 40324 | Georgetown, KY 40324 | 13.9 mi | 247 | $105,989,676 | $405,850 | $429,108 |
| 40390 | Wilmore, KY 40390 | 16.4 mi | 23 | $24,452,726 | $1,425,000 | $1,063,162 |
| 40391 | Winchester, KY 40391 | 20.1 mi | 141 | $66,579,495 | $335,000 | $472,195 |
| 40357 | North Middletown, KY 40357 | 22.3 mi | 0 | $0 | $199,000 | $199,000 |
| 40372 | Salvisa, KY 40372 | 23.2 mi | 5 | $2,283,750 | $464,000 | $456,750 |
As of January 2026, there are 47 active listings in LEXINGTON, KY (zip code 40508), compared to 50 the prior year.
The median listing price in LEXINGTON, KY 40508 is $235,000 as of January 2026, a 2.4% decrease from $240,725 the prior year.
Homes in LEXINGTON, KY 40508 spend an average of 84 days on the market before going under contract, compared to 78 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LEXINGTON, KY 40508 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 84 days on market compared to 78 days last year.
With SELL123.com's maximum 3% commission, sellers in LEXINGTON, KY 40508 save an estimated $4,700 compared to a typical 5% commission on the median listing price of $235,000. 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.