Market Intelligence · KY / Lexington

Lexington, KY 40503 Housing Market

The typical home in Lexington's 40503 ZIP code is worth $351,797, up 2.7% over the past year. The median list price is $384,375, and homes are taking a median of 35 days on market.

Updated June 2026Median value$352K

The median home value in Lexington, KY 40503 is $352K as of June 2026, up 2.7% 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 40503 range

$324K to $380K

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

+2.7% over 12 months

Typical home value in 40503 over the last 12 months: $343K in Jun 2025 to $352K in Jun 2026 (+2.7%).

Jun 2025$343K

Jun 2026$352K

The numbers

What is the 40503 housing market like?

Typical home value

$352K

Up2.7%YoY

Median list price

$384K

Days on market

35

Down5.4%MoM

Homes for sale

26

Price cuts

10.1%

New listings

44

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

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The comparison

How do 40503 home prices compare?

  • 40503$351,797
  • 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 2026, 40503 has 26 homes for sale, with 44 new listings recorded. The median list price sits at $384,375, while the typical home value is $351,797, up 2.7% over the past year. Homes take a median of 35 days on market, and 10.1% of listings have had a price cut. For sellers, values are still rising here, but buyers are not rushing, so pricing carefully matters.

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