The story of this market
The typical home in Fayette County, Kentucky sells for about $369,915, or $192 per square foot.
Prices are up +5.7% from a year ago, so sellers still have some momentum. Homes take about 36 days to sell. Over the long run, values in this county have grown 133% since 2000. Last year 52 of 71 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is tornado, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,416 a month.
HUD sets the fair market rent for a 2-bedroom at $1,416 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+1.3%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+12.7%). Worst: 2011 (-1.7%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.3%
KY · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,948
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+1.3%
2025 change
FHFA repeat-sales index, median of 71 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
48
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $113,239,242.
Mortgage activity
Home lending in this county
84.3%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 14118 | 8694 | 84.3% | 15.5% | $195,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Fayette County, Kentucky
The Fayette County housing market shows steady price appreciation with a 5.7% year-over-year increase in median sale prices. While inventory levels are rising, demand remains resilient, supported by a strong local economy and stable employment growth.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 1 city · 15 ZIP reports
Median prices moved up 3.5% year over year.
Homes spend a median of 39 days on market with 1.1 months of supply — a fast-moving market.
8% of listings have cut prices · homes sell at 23.58% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 14.0% — a stable, low-distress profile.
Owned and leased federal assets with active or excess status, per the General Services Administration's Real Estate Across the United States inventory (read 2026-09-25). A federal footprint read on this county — not a market valuation, and never an attribute of any individual property or tenant.
Deterministic aggregate of 15 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Fayette County, Kentucky — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Oct 7, 2026.
researched Sep 17
researched Sep 17
researched Sep 17
researched Sep 17
researched Sep 21
researched Sep 21
researched Sep 17
researched Sep 21
researched Sep 17
researched Sep 17
| 40502 | Lexington | $360,000 | $197 | -2.4% | 38 | 98.5% | 37.8% | 7.8 | 77 | $1,089 | researched Sep 17 |
| 40503 | Lexington | $352,000 | $186 | +3.2% | 70 | 100% | 44.3% | 2.5 | 735 | $1,168 | researched Sep 17 |
| 40504 | Lexington | $276,000 | $187 | +3.8% | 42 | 98% | 15% | 1.6 | 39 | $970 | researched Sep 17 |
| 40505 | Lexington | $364,450 | $186 | +8.8% | 42 | 100% | 32.8% | 1.6 | 2,492 | $925 | researched Sep 17 |
| 40506 | Lexington | $365,000 | $205 | +4.2% | 24 | 99.1% | 22% | 3.2 | 1,200 | $1,450 | researched Sep 21 |
| 40507 | Lexington | $883,000 | $616 | +47.7% | 57 | 90.8% | — | — | 13 | $862 | researched Sep 21 |
| 40508 | Lexington | — | $185 | +2.1% | 45 | 98.5% | 15% | 3.2 | 75 | $959 | researched Sep 17 |
| 40509 | Lexington | $415,000 | $195 | +3.2% | 32 | 98.5% | 15% | 3.8 | 110 | $1,394 | researched Sep 21 |
| 40510 | Lexington | $363,000 | $186 | +3.6% | 65 | 98.5% | 43.3% | 1.3 | 544 | $1,450 | researched Sep 17 |
| 40511 | Lexington | $316,813 | $183 | +2.4% | 5 | 101% | 43.2% | 7.8 | 171 | $1,302 | researched Sep 17 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Lexington serves as a major regional hub for education, healthcare, and manufacturing, with significant economic momentum driven by the University of Kentucky and a diverse corporate base.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Kentucky) — Kentucky Ad Valorem Property Tax: Property is assessed at its fair cash value (price at a fair voluntary sale). The tax is calculated by applying local and state tax rates to the assessed value.
The economy is anchored by the University of Kentucky, healthcare systems, and a robust manufacturing and equine industry sector.
Lexington is served by a network of major highways including I-64 and I-75, providing regional connectivity.
The Fayette County Property Valuation Administrator is responsible for the annual assessment of all real property within the county.
The county is served by the Fayette County Public Schools district and various utility districts providing water and sewer services.
- Malibu Jack's Lexington4.74.7 mi
- LexLive41.5 mi
- Sky Zone Trampoline Park4.56.7 mi
- Southland Lanes4.33.9 mi
- Battle Axes, LLC Lexington KY4.52.2 mi
- Kentucky Horse Park4.76.5 mi
- Rupp Arena4.61.4 mi
- Keeneland Association Inc4.86.9 mi
- Kroger Field4.72.9 mi
- Red Mile Gaming & Racing4.12.5 mi
- Kentucky Horse Park4.76.5 mi
- Woodford Reserve Distillery4.818.3 mi
- Keeneland Association Inc4.86.9 mi
- Masterson Station Park4.64.8 mi
- Evans Orchard and Cider Mill4.610.3 mi
- Woodford Reserve Distillery4.818.3 mi
- Shaker Village of Pleasant Hill4.722 mi
- Fort Boonesborough State Park4.516.3 mi
- Otis A. Singletary Center for the Arts4.71.9 mi
- Mary Todd Lincoln House4.61.4 mi
- Kentucky Horse Park Campground4.65.9 mi
- Masterson Station Park4.64.8 mi
- The Arboretum, State Botanical Garden of Kentucky4.83.4 mi
- Raven Run Nature Sanctuary4.712.7 mi
- Jacobson Park4.66.1 mi
- Kearney Hill Golf Links4.35.3 mi
- University Club Of Kentucky4.38 mi
- Lakeside Golf Course4.25.4 mi
- Cherry Blossom Golf Club412.3 mi
- Houston Oaks Golf Course4.412.7 mi
- Fayette Mall4.35.6 mi
- Publix Super Market at Citation Point4.42.8 mi
- Meijer4.34.3 mi
- Meijer4.35.3 mi
- T.J. Maxx4.34.4 mi
- Blue Grass Airport4.66.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A world-renowned thoroughbred horse racing track and sales facility that serves as a cultural anchor for the region.
A major public research university with extensive campus facilities and athletic venues that drive local activity.
A historic venue in downtown Lexington hosting a variety of performing arts and cultural events.
Data retrieved from data.census.gov
Property is assessed at its fair cash value (price at a fair voluntary sale). The tax is calculated by applying local and state tax rates to the assessed value. A homestead exemption is available for owners aged 65 or older or those who are totally disabled, which exempts a portion of the assessed value from taxation (the specific exemption amount is adjusted biennially based on the cost of living index).
Kentucky Constitution Section 170, 172; KRS 132.190
Kentucky is a judicial foreclosure state, requiring a court action to enforce a mortgage or lien. The process involves a court-ordered sale, typically conducted by the master commissioner.
KRS Chapter 426
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.