Market Intelligence · KY / Lexington

Lexington, KY 40503 Housing Market

The typical home value in Lexington, KY 40503 is $347,376, up 3.4% over the past year. The median list price is $394,950, and homes are spending a median of 32 days on the market. All figures are as of 2026-08-01.

Updated August 2026Median value$347K

The median home value in Lexington, KY 40503 is $347K as of August 2026, up 3.4% 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.

Get a cash offer

Sell without the wait

Sell your Lexington home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 40503 range

$320K to $375K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 40503 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Lexington, KY.

12-month value trend

+3.4% over 12 months

Typical home value in 40503 over the last 12 months: $336K in Aug 2025 to $347K in Aug 2026 (+3.4%).

Aug 2025$336K

Aug 2026$347K

The numbers

What is the 40503 housing market like?

Typical home value

$347K

Up3.4%YoY

Median list price

$395K

Up0.7%MoM

Days on market

32

Flat0.0%MoM

Homes for sale

40

Up25.0%MoM

Price cuts

15.4%

Down22.8%MoM

New listings

28

Down33.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

Free home value report

See what your 40503 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 40503 home prices compare?

  • 40503$347,376
  • Lexington$359,886
  • Kentucky$169,896
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lexington: 14 ZIPs; Kentucky: 598 ZIPs; United States: 26,265 ZIPs).

Context

Home values in 40503 are rising, with the typical home worth $347,376, up 3.4% over the past year. Sellers are listing at a median of $394,950, and homes move in a median of 32 days. As of 2026-08-01, there were 40 homes for sale and 28 new listings came on the market. Only 15.4% of listings had a price cut, so most sellers are holding their asking prices. For a seller, this is a steady market where well-priced homes are finding buyers without much discounting.

Monthly payment

Estimate your monthly payment.

20% · $69,475

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.