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Beaumont Residential Bowman Mill Road Rural Historic District Cave Hill Firebrook Harrods Hill Harrodsview Helm Place Keene (Military Road) Lexington Oaks Palomar Wellesley Heights

LEXINGTON, KY 40513

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 40513

Beaumont Residential · Bowman Mill Road Rural Historic District · Cave Hill · Firebrook · Harrods Hill · Harrodsview · Helm Place · Keene (Military Road) · Lexington Oaks · Palomar · Wellesley Heights

Market Analysis

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

The LEXINGTON, KY real estate market (40513) currently shows 42 active listings, with 17 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 58 days on market compared to 62 days last year.

The median listing price has fallen 0.7% year-over-year, from $695,000 to $690,000.

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.

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Market Context

Market Context

Population: 10,697  ·  Density: 281.2/mi²  ·  Median household income: $123,662

Typical home value: $421,343  ·  Homeownership: 75.3%

Market Overview

Active Listings
42
⇧ 23.5% vs 34 last year
Pending
17
40% pending ratio
Median Price
$690,000
⇩ 0.7% vs $695,000 last year
Average Price
$721,923
⇩ 8.9% vs $792,037 last year
Days on Market
58
⇩ 6.5% vs 62 days last year

Price Per Square Foot

Median $/sqft
$209
⇩ 1.4% vs $212/sqft last year
Median Home Size
2,814 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 34 last year
  • Days on market: 58 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $690,000 (-0.7% YoY)
  • Average: $721,923 (-8.9% 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 23.3 miles — 1,188 listings ($565,837,407 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40513Lexington, KY 405130.0 mi36$23,078,052$629,000$641,057
40510Lexington, KY 405103.9 mi2$3,774,000$1,887,000$1,887,000
40503Lexington, KY 405034.0 mi57$23,182,470$376,225$406,710
40507Lexington, KY 405076.4 mi8$9,851,904$665,750$1,231,488
40517Lexington, KY 405176.8 mi81$21,605,049$249,900$266,729
40505Lexington, KY 405058.7 mi57$16,722,147$273,725$293,371
40511Lexington, KY 4051110.8 mi158$102,838,724$377,500$650,878
40390Wilmore, KY 4039011.7 mi25$25,124,700$1,331,250$1,004,988
40509Lexington, KY 4050913.1 mi186$100,873,194$511,175$542,329
40324Georgetown, KY 4032416.3 mi245$106,943,235$407,243$436,503
40342Lawrenceburg, KY 4034220.5 mi111$43,633,656$326,200$393,096
40601Frankfort, KY 4060121.2 mi160$57,041,760$289,900$356,511
40444Lancaster, KY 4044423.3 mi62$31,168,516$390,100$502,718

Frequently Asked Questions

How many homes are for sale in LEXINGTON, KY 40513?

As of March 2026, there are 42 active listings in LEXINGTON, KY (zip code 40513), compared to 34 the prior year.

What is the median home price in LEXINGTON, KY 40513?

The median listing price in LEXINGTON, KY 40513 is $690,000 as of March 2026, a 0.7% decrease from $695,000 the prior year.

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

Homes in LEXINGTON, KY 40513 spend an average of 58 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in LEXINGTON, KY 40513?

Based on current inventory and days-on-market data as of March 2026, LEXINGTON, KY 40513 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 62 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 40513 save an estimated $13,800 compared to a typical 5% commission on the median listing price of $690,000. 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.