Bryan Station · Elmendorf · Hume Road
Data as of March 2026. Source: Realtor.com.
The LEXINGTON, KY real estate market (40516) currently shows 7 active listings, with 3 pending sales. Homes are averaging 16 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 16 days on market compared to 59 days last year.
The median listing price has fallen 43.2% year-over-year, from $1,850,000 to $1,050,000.
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.
Population: 2,758 · Density: 34.7/mi² · Median household income: $84,836
Typical home value: $208,365 · Homeownership: 85.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 40516 | Lexington, KY 40516 | 0.0 mi | 4 | $8,369,332 | $553,750 | $2,092,333 |
| 40509 | Lexington, KY 40509 | 5.5 mi | 186 | $100,873,194 | $511,175 | $542,329 |
| 40507 | Lexington, KY 40507 | 7.3 mi | 8 | $9,851,904 | $665,750 | $1,231,488 |
| 40502 | Lexington, KY 40502 | 7.5 mi | 89 | $73,923,044 | $603,475 | $830,596 |
| 40504 | Lexington, KY 40504 | 9.8 mi | 41 | $18,363,203 | $282,225 | $447,883 |
| 40515 | Lexington, KY 40515 | 10.9 mi | 112 | $74,568,256 | $580,331 | $665,788 |
| 40514 | Lexington, KY 40514 | 12.4 mi | 31 | $12,260,407 | $357,500 | $395,497 |
| 40513 | Lexington, KY 40513 | 13.7 mi | 36 | $23,078,052 | $629,000 | $641,057 |
| 40324 | Georgetown, KY 40324 | 15.6 mi | 245 | $106,943,235 | $407,243 | $436,503 |
| 40348 | Millersburg, KY 40348 | 19.8 mi | 2 | $304,950 | $152,475 | $152,475 |
| 40383 | Versailles, KY 40383 | 20.8 mi | 109 | $68,859,224 | $552,975 | $631,736 |
| 40390 | Wilmore, KY 40390 | 22.5 mi | 25 | $25,124,700 | $1,331,250 | $1,004,988 |
| 40370 | Sadieville, KY 40370 | 23.8 mi | 6 | $1,948,578 | $207,500 | $324,763 |
As of March 2026, there are 7 active listings in LEXINGTON, KY (zip code 40516), compared to 8 the prior year.
The median listing price in LEXINGTON, KY 40516 is $1,050,000 as of March 2026, a 43.2% decrease from $1,850,000 the prior year.
Homes in LEXINGTON, KY 40516 spend an average of 16 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of March 2026, LEXINGTON, KY 40516 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 16 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in LEXINGTON, KY 40516 save an estimated $21,000 compared to a typical 5% commission on the median listing price of $1,050,000. 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.