Bryan Station · Elmendorf · Hume Road
Data as of September 2026. Source: Realtor.com.
The LEXINGTON, KY real estate market (40516) currently shows 6 active listings, with 1 pending sales. Homes are averaging 30 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 30 days on market compared to 78 days last year.
The median listing price has risen 20.7% year-over-year, from $1,117,500 to $1,348,500.
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 September 2026, there are 6 active listings in LEXINGTON, KY (zip code 40516), compared to 10 the prior year.
The median listing price in LEXINGTON, KY 40516 is $1,348,500 as of September 2026, a 20.7% increase from $1,117,500 the prior year.
Homes in LEXINGTON, KY 40516 spend an average of 30 days on the market before going under contract, compared to 78 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LEXINGTON, KY 40516 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 30 days on market compared to 78 days last year.
With SELL123.com's maximum 3% commission, sellers in LEXINGTON, KY 40516 save an estimated $26,970 compared to a typical 5% commission on the median listing price of $1,348,500. 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.