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Bracktown Rd Le Penon Les Estagnots Les Jardins de la Belette Pisgah Rural Historic District Redd Road Rural Historic District West Fayette County Rural Historic District Westmorland

LEXINGTON, KY 40510

Real Estate Market Report  ·  Fayette County
Balanced Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 40510

Bracktown Rd · Le Penon · Les Estagnots · Les Jardins de la Belette · Pisgah Rural Historic District · Redd Road Rural Historic District · West Fayette County Rural Historic District · Westmorland

Market Analysis

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

The LEXINGTON, KY real estate market (40510) currently shows 2 active listings, with 1 pending sales. Homes are averaging 161 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 161 days on market compared to 24 days last year.

The median listing price has fallen 34.1% year-over-year, from $1,784,000 to $1,176,250.

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 Context

Market Context

Population: 2,059  ·  Density: 35.0/mi²  ·  Median household income: $149,591

Typical home value: $629,694  ·  Homeownership: 78.1%

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
1
50% pending ratio
Median Price
$1,176,250
⇩ 34.1% vs $1,784,000 last year
Average Price
$1,176,250
⇩ 39.1% vs $1,931,000 last year
Days on Market
161
⇧ 570.8% vs 24 days last year

Price Per Square Foot

Median $/sqft
$244
⇧ 42.7% vs $171/sqft last year
Median Home Size
4,798 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 4 last year
  • Days on market: 161 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $1,176,250 (-34.1% YoY)
  • Average: $1,176,250 (-39.1% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.5 miles — 894 listings ($449,432,052 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40510Lexington, KY 405100.0 mi2$3,774,000$1,887,000$1,887,000
40504Lexington, KY 405043.9 mi41$18,363,203$282,225$447,883
40503Lexington, KY 405035.9 mi57$23,182,470$376,225$406,710
40514Lexington, KY 405146.5 mi31$12,260,407$357,500$395,497
40505Lexington, KY 405057.9 mi57$16,722,147$273,725$293,371
40383Versailles, KY 403838.6 mi109$68,859,224$552,975$631,736
40347Midway, KY 403478.7 mi12$14,116,524$967,250$1,176,377
40516Lexington, KY 4051612.8 mi4$8,369,332$553,750$2,092,333
40356Nicholasville, KY 4035613.9 mi279$156,036,051$436,641$559,269
40390Wilmore, KY 4039015.6 mi25$25,124,700$1,331,250$1,004,988
40601Frankfort, KY 4060118.9 mi160$57,041,760$289,900$356,511
40342Lawrenceburg, KY 4034221.4 mi111$43,633,656$326,200$393,096
40370Sadieville, KY 4037022.5 mi6$1,948,578$207,500$324,763

Frequently Asked Questions

How many homes are for sale in LEXINGTON, KY 40510?

As of April 2026, there are 2 active listings in LEXINGTON, KY (zip code 40510), compared to 4 the prior year.

What is the median home price in LEXINGTON, KY 40510?

The median listing price in LEXINGTON, KY 40510 is $1,176,250 as of April 2026, a 34.1% decrease from $1,784,000 the prior year.

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

Homes in LEXINGTON, KY 40510 spend an average of 161 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in LEXINGTON, KY 40510?

Based on current inventory and days-on-market data as of April 2026, LEXINGTON, KY 40510 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 161 days on market compared to 24 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 40510 save an estimated $23,525 compared to a typical 5% commission on the median listing price of $1,176,250. 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.