Market Intelligence · KY / Lexington

Lexington, KY 40511 Housing Market

The typical home value in Lexington's 40511 ZIP code is $316,813, up 2.4% over the past year. The median list price is $377,900, and homes are taking a median of 29 days on market as of June 1, 2026.

Updated June 2026Median value$317K

The median home value in Lexington, KY 40511 is $317K as of June 2026, up 2.4% 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 40511 range

$291K to $342K

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

+2.4% over 12 months

Typical home value in 40511 over the last 12 months: $309K in Jun 2025 to $317K in Jun 2026 (+2.4%).

Jun 2025$309K

Jun 2026$317K

The numbers

What is the 40511 housing market like?

Typical home value

$317K

Up2.4%YoY

Median list price

$378K

Days on market

29

Down27.5%MoM

Homes for sale

54

Price cuts

11.8%

New listings

62

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

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The comparison

How do 40511 home prices compare?

  • 40511$316,813
  • 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 were 54 homes for sale in 40511, with 62 new listings coming onto the market. The median list price sits at $377,900, while the typical home value is $316,813. Homes are spending a median of 29 days on market, and 11.8% of listings have had a price cut. For sellers, the numbers point to steady demand, so pricing in line with recent activity matters more than reaching for the top of the range.

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