Active Listings
4
⇩ 60% vs 10 last year
Population: 2,758 · Density: 34.7/mi² · Median household income: $84,836
Typical home value: $208,365 · Homeownership: 85.3%
Data as of January 2026. Source: Realtor.com.
The LEXINGTON, KY real estate market (40516) currently shows 4 active listings, with 2 pending sales. Homes are averaging 157 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 157 days on market compared to 117 days last year.
The median listing price has risen 472.6% year-over-year, from $462,825 to $2,650,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 40516 | Lexington, KY 40516 | 0.0 mi | 4 | $11,526,668 | $2,650,000 | $2,881,667 |
| 40509 | Lexington, KY 40509 | 5.5 mi | 218 | $121,445,402 | $499,000 | $557,089 |
| 40507 | Lexington, KY 40507 | 7.3 mi | 11 | $14,947,427 | $970,000 | $1,358,857 |
| 40502 | Lexington, KY 40502 | 7.5 mi | 97 | $78,591,534 | $598,500 | $810,222 |
| 40504 | Lexington, KY 40504 | 9.8 mi | 48 | $23,271,456 | $297,450 | $484,822 |
| 40515 | Lexington, KY 40515 | 10.9 mi | 117 | $75,894,858 | $583,331 | $648,674 |
| 40514 | Lexington, KY 40514 | 12.4 mi | 36 | $14,128,128 | $367,500 | $392,448 |
| 40513 | Lexington, KY 40513 | 13.7 mi | 41 | $26,103,634 | $609,900 | $636,674 |
| 40357 | North Middletown, KY 40357 | 14.9 mi | 0 | $0 | $199,000 | $199,000 |
| 40356 | Nicholasville, KY 40356 | 17.6 mi | 287 | $157,864,637 | $419,900 | $550,051 |
| 40347 | Midway, KY 40347 | 20.0 mi | 13 | $12,350,975 | $529,500 | $950,075 |
| 40475 | Richmond, KY 40475 | 21.7 mi | 268 | $117,753,572 | $353,900 | $439,379 |
| 40353 | Mount Sterling, KY 40353 | 22.7 mi | 83 | $34,634,572 | $285,000 | $417,284 |
As of January 2026, there are 4 active listings in LEXINGTON, KY (zip code 40516), compared to 10 the prior year.
The median listing price in LEXINGTON, KY 40516 is $2,650,000 as of January 2026, a 472.6% increase from $462,825 the prior year.
Homes in LEXINGTON, KY 40516 spend an average of 157 days on the market before going under contract, compared to 117 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LEXINGTON, KY 40516 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 157 days on market compared to 117 days last year.
With SELL123.com's maximum 3% commission, sellers in LEXINGTON, KY 40516 save an estimated $53,000 compared to a typical 5% commission on the median listing price of $2,650,000. 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.