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Data as of July 2026. Source: Realtor.com.
The LEXINGTON, KY real estate market (40509) currently shows 252 active listings, with 124 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 46 days on market compared to 47 days last year.
The median listing price has risen 0.7% year-over-year, from $505,871 to $509,626.
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.
Population: 45,181 · Density: 365.3/mi² · Median household income: $90,503
Typical home value: $316,308 · Homeownership: 62.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 40509 | Lexington, KY 40509 | 0.0 mi | 186 | $100,873,194 | $511,175 | $542,329 |
| 40515 | Lexington, KY 40515 | 5.7 mi | 112 | $74,568,256 | $580,331 | $665,788 |
| 40517 | Lexington, KY 40517 | 6.6 mi | 81 | $21,605,049 | $249,900 | $266,729 |
| 40507 | Lexington, KY 40507 | 7.9 mi | 8 | $9,851,904 | $665,750 | $1,231,488 |
| 40503 | Lexington, KY 40503 | 9.1 mi | 57 | $23,182,470 | $376,225 | $406,710 |
| 40514 | Lexington, KY 40514 | 10.7 mi | 31 | $12,260,407 | $357,500 | $395,497 |
| 40391 | Winchester, KY 40391 | 12.3 mi | 134 | $61,190,296 | $301,675 | $456,644 |
| 40356 | Nicholasville, KY 40356 | 13.6 mi | 279 | $156,036,051 | $436,641 | $559,269 |
| 40475 | Richmond, KY 40475 | 16.3 mi | 257 | $109,569,637 | $350,000 | $426,341 |
| 40390 | Wilmore, KY 40390 | 19.1 mi | 25 | $25,124,700 | $1,331,250 | $1,004,988 |
| 40383 | Versailles, KY 40383 | 20.2 mi | 109 | $68,859,224 | $552,975 | $631,736 |
| 40347 | Midway, KY 40347 | 22.2 mi | 12 | $14,116,524 | $967,250 | $1,176,377 |
| 40348 | Millersburg, KY 40348 | 24.5 mi | 2 | $304,950 | $152,475 | $152,475 |
As of July 2026, there are 252 active listings in LEXINGTON, KY (zip code 40509), compared to 270 the prior year.
The median listing price in LEXINGTON, KY 40509 is $509,626 as of July 2026, a 0.7% increase from $505,871 the prior year.
Homes in LEXINGTON, KY 40509 spend an average of 46 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of July 2026, LEXINGTON, KY 40509 is currently a Seller's Market. Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 46 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in LEXINGTON, KY 40509 save an estimated $10,193 compared to a typical 5% commission on the median listing price of $509,626. 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.