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LEXINGTON, KY 40514

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

Market Overview

Active Listings
36
⇧ 125% vs 16 last year
Pending
17
47% pending ratio
Median Price
$367,500
⇧ 12.1% vs $327,850 last year
Average Price
$392,448
⇧ 7.9% vs $363,691 last year
Days on Market
57
vs 57 days last year

Market Context

Population: 17,238  ·  Density: 2,229.6/mi²  ·  Median household income: $97,669

Typical home value: $273,797  ·  Homeownership: 72.5%

Market Analysis

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

The LEXINGTON, KY real estate market (40514) currently shows 36 active listings, with 17 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

The median listing price has risen 12.1% year-over-year, from $327,850 to $367,500.

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: 36 this year vs 16 last year
  • Days on market: 57 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $367,500 (+12.1% YoY)
  • Average: $392,448 (+7.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.9 miles — 1,008 listings ($496,981,160 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40514Lexington, KY 405140.0 mi36$14,128,128$367,500$392,448
40513Lexington, KY 405133.3 mi41$26,103,634$609,900$636,674
40504Lexington, KY 405044.3 mi48$23,271,456$297,450$484,822
40507Lexington, KY 405075.7 mi11$14,947,427$970,000$1,358,857
40510Lexington, KY 405106.5 mi2$3,798,900$1,899,450$1,899,450
40505Lexington, KY 405057.9 mi61$17,614,665$257,500$288,765
40383Versailles, KY 403839.8 mi112$71,329,104$549,000$636,867
40509Lexington, KY 4050910.7 mi218$121,445,402$499,000$557,089
40516Lexington, KY 4051612.4 mi4$11,526,668$2,650,000$2,881,667
40372Salvisa, KY 4037218.3 mi5$2,283,750$464,000$456,750
40475Richmond, KY 4047520.6 mi268$117,753,572$353,900$439,379
40330Harrodsburg, KY 4033022.3 mi98$33,231,310$288,250$339,095
40342Lawrenceburg, KY 4034222.9 mi104$39,547,144$316,487$380,261

Frequently Asked Questions

How many homes are for sale in LEXINGTON, KY 40514?

As of January 2026, there are 36 active listings in LEXINGTON, KY (zip code 40514), compared to 16 the prior year.

What is the median home price in LEXINGTON, KY 40514?

The median listing price in LEXINGTON, KY 40514 is $367,500 as of January 2026, a 12.1% increase from $327,850 the prior year.

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

Homes in LEXINGTON, KY 40514 spend an average of 57 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in LEXINGTON, KY 40514?

Based on current inventory and days-on-market data as of January 2026, LEXINGTON, KY 40514 is currently a Balanced Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

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

With SELL123.com's maximum 3% commission, sellers in LEXINGTON, KY 40514 save an estimated $7,350 compared to a typical 5% commission on the median listing price of $367,500. 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.