The story of this market
The typical home in Lexington, Kentucky sells for about $350,000, or $192 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 7 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,800 a month.
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.
Lexington, Kentucky
Lexington's housing market remains competitive, characterized by low inventory and steady price appreciation. Strong demand is driven by the city's stable economic base, anchored by the University of Kentucky and the healthcare sector. While some metrics like median days on market have fluctuated, the overall market health remains robust.
No ARED county foreclosure postings attributed to Lexington yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
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.
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) — a stable, low-distress profile.
- Malibu Jack's Lexington4.72.7 mi
- LexLive40.9 mi
- Sky Zone Trampoline Park4.54.4 mi
- Southland Lanes4.31.8 mi
- Battle Axes, LLC Lexington KY4.52.2 mi
- Kentucky Horse Park4.77.7 mi
- Rupp Arena4.61 mi
- Keeneland Association Inc4.85 mi
- Kroger Field4.71.2 mi
- Red Mile Gaming & Racing4.10.4 mi
- Kentucky Horse Park4.77.7 mi
- Keeneland Association Inc4.85 mi
- Masterson Station Park4.64.8 mi
- Evans Orchard and Cider Mill4.611.9 mi
- Raven Run Nature Sanctuary4.712.2 mi
- Woodford Reserve Distillery4.816.9 mi
- Shaker Village of Pleasant Hill4.719.6 mi
- Otis A. Singletary Center for the Arts4.70.8 mi
- Fort Boonesborough State Park4.516.8 mi
- Mary Todd Lincoln House4.61.1 mi
- Kentucky Horse Park Campground4.67.1 mi
- Masterson Station Park4.64.8 mi
- The Arboretum, State Botanical Garden of Kentucky4.81.8 mi
- Raven Run Nature Sanctuary4.712.2 mi
- Jacobson Park4.66.2 mi
- Chimney Rock Marina4.422.5 mi
- Sunset Marina and Resort4.622 mi
- Kamp Kennedy Marina4.522.4 mi
- Kearney Hill Golf Links4.36 mi
- University Club Of Kentucky4.37.4 mi
- Lakeside Golf Course4.25.6 mi
- Cherry Blossom Golf Club413.5 mi
- Boone's Trace National Golf Club4.313.3 mi
- Fayette Mall4.33.5 mi
- Publix Super Market at Citation Point4.43.8 mi
- Meijer4.35.3 mi
- Meijer4.33.1 mi
- T.J. Maxx4.32.3 mi
- Blue Grass Airport4.64.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A large municipal park featuring a lake and recreational facilities, serving as a primary outdoor destination for residents.
A premier mixed-use development offering high-end retail, dining, and residential options, significantly impacting local property demand.
The city's largest employer and cultural anchor, driving significant housing demand and economic activity.
Lexington is well-suited for families seeking stable suburban environments, professionals drawn to the university and healthcare sectors, and investors looking for steady rental demand in a market with a strong, diversified economic base.
The city is served by a network of major corridors including Richmond and Harrodsburg Roads, with ongoing infrastructure improvements aimed at enhancing traffic flow and connectivity.
Lexington offers a rich amenity base centered on its equestrian heritage, including numerous public parks like Jacobson and Shillito, the University of Kentucky Arboretum, and vibrant shopping districts such as The Summit at Fritz Farm.
The rental market is characterized by steady demand, with a median asking rent of $1,800 per month; vacancy pressure remains moderate due to the consistent influx of students and professionals associated with the university.
The economy is anchored by the University of Kentucky, the healthcare sector, and the global equine industry, providing a stable employment base with consistent growth momentum.
Lexington serves as a major economic hub for the Bluegrass region, anchored by the University of Kentucky and a robust equine industry. Development momentum is focused on infill projects and corridor improvements along major thoroughfares like Richmond and Harrodsburg Roads.
Development is currently focused on infill residential projects and major corridor improvements to support the city's growing population and economic needs.
Parcels in Lexington are subject to consolidated city-county governance, with various special districts for utilities and public services.
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.
Data sourced from US Census Bureau 2020 decennial counts.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.