Market Intelligence · KY / Lexington

Lexington, KY 40502 Housing Market

The typical home value in Lexington's 40502 ZIP code is $576,284, up 6.4% over the past year. The median list price sits at $698,425, and homes are spending a median of 45 days on the market.

Updated June 2026Median value$576K

The median home value in Lexington, KY 40502 is $576K as of June 2026, up 6.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 40502 range

$530K to $622K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+6.4% over 12 months

Typical home value in 40502 over the last 12 months: $542K in Jun 2025 to $576K in Jun 2026 (+6.4%).

Jun 2025$542K

Jun 2026$576K

The numbers

What is the 40502 housing market like?

Typical home value

$576K

Up6.4%YoY

Median list price

$698K

Days on market

45

Up28.6%MoM

Homes for sale

68

Price cuts

16.1%

New listings

34

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 40502 home prices compare?

  • 40502$576,284
  • Lexington$364,241
  • Kentucky$171,624
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Lexington: 14 ZIPs; Kentucky: 598 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 68 homes for sale in 40502, with 34 new listings added recently. The median list price is $698,425, while the typical home value is $576,284, up 6.4% over the past year. Homes take a median of 45 days to sell, and 16.1% of listings have had a price cut. For sellers, this points to steady demand paired with buyers who are watching prices closely, so realistic pricing matters.

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