Market Intelligence · KY / Lexington

Lexington, KY 40507 Housing Market

In Lexington, KY 40507, the typical home value is $417,573, up 9.3% over the past year. The median list price is $475,000, and homes are taking a median of 85 days on market.

Updated August 2026Median value$418K

The median home value in Lexington, KY 40507 is $418K as of August 2026, up 9.3% 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 40507 range

$384K to $451K

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

+9.3% over 12 months

Typical home value in 40507 over the last 12 months: $382K in Aug 2025 to $418K in Aug 2026 (+9.3%).

Aug 2025$382K

Aug 2026$418K

The numbers

What is the 40507 housing market like?

Typical home value

$418K

Up9.3%YoY

Median list price

$475K

Down1.0%MoM

Days on market

85

Up23.2%MoM

Homes for sale

17

Down5.6%MoM

Price cuts

0.0%

New listings

0

Down100.0%MoM

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

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The comparison

How do 40507 home prices compare?

  • 40507$417,573
  • 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

The value trend is strong, with the typical home value at $417,573 and up 9.3% over the past year. The median list price is higher at $475,000, while the median days on market is 85, so buyers are not moving quickly. Inventory is thin with 17 homes for sale and 0 new listings. The share of listings with a price cut is 0.0%, which suggests sellers are holding firm for now. For a seller, the market looks favorable on value, but slow enough that pricing still needs to be disciplined.

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