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Data as of February 2026. Source: Realtor.com.
The LEXINGTON, KY real estate market (40509) currently shows 186 active listings, with 87 pending sales. Homes are averaging 79 days on the market before going under contract.
Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice.
Homes are selling faster, averaging 79 days on market compared to 86 days last year.
The median listing price has fallen 9.8% year-over-year, from $566,400 to $511,175.
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: 45,181 · Density: 365.3/mi² · Median household income: $90,503
Typical home value: $316,308 · Homeownership: 62.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 40509 | Lexington, KY 40509 | 0.0 mi | 218 | $121,445,402 | $499,000 | $557,089 |
| 40515 | Lexington, KY 40515 | 5.7 mi | 117 | $75,894,858 | $583,331 | $648,674 |
| 40517 | Lexington, KY 40517 | 6.6 mi | 89 | $24,214,586 | $249,900 | $272,074 |
| 40507 | Lexington, KY 40507 | 7.9 mi | 11 | $14,947,427 | $970,000 | $1,358,857 |
| 40503 | Lexington, KY 40503 | 9.1 mi | 61 | $24,413,969 | $369,950 | $400,229 |
| 40514 | Lexington, KY 40514 | 10.7 mi | 36 | $14,128,128 | $367,500 | $392,448 |
| 40391 | Winchester, KY 40391 | 12.3 mi | 141 | $66,579,495 | $335,000 | $472,195 |
| 40356 | Nicholasville, KY 40356 | 13.6 mi | 287 | $157,864,637 | $419,900 | $550,051 |
| 40475 | Richmond, KY 40475 | 16.3 mi | 268 | $117,753,572 | $353,900 | $439,379 |
| 40357 | North Middletown, KY 40357 | 17.5 mi | 0 | $0 | $199,000 | $199,000 |
| 40324 | Georgetown, KY 40324 | 20.1 mi | 247 | $105,989,676 | $405,850 | $429,108 |
| 40385 | Waco, KY 40385 | 21.9 mi | 10 | $3,364,130 | $329,000 | $336,413 |
| 40353 | Mount Sterling, KY 40353 | 23.3 mi | 83 | $34,634,572 | $285,000 | $417,284 |
As of February 2026, there are 186 active listings in LEXINGTON, KY (zip code 40509), compared to 154 the prior year.
The median listing price in LEXINGTON, KY 40509 is $511,175 as of February 2026, a 9.8% decrease from $566,400 the prior year.
Homes in LEXINGTON, KY 40509 spend an average of 79 days on the market before going under contract, compared to 86 days the prior year.
Based on current inventory and days-on-market data as of February 2026, LEXINGTON, KY 40509 is currently a Balanced Market. Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice. Homes are selling faster, averaging 79 days on market compared to 86 days last year.
With SELL123.com's maximum 3% commission, sellers in LEXINGTON, KY 40509 save an estimated $10,224 compared to a typical 5% commission on the median listing price of $511,175. 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.