Market Intelligence · KY / Lexington

Lexington, KY 40514 Housing Market

Typical home value in Lexington, KY 40514 is $372,396, up 4.1% over the past year. The median list price is $366,500, and homes are spending a median of 37 days on market. That points to steady demand rather than a stall.

Updated August 2026Median value$372K

The median home value in Lexington, KY 40514 is $372K as of August 2026, up 4.1% 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 40514 range

$343K to $402K

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

+4.1% over 12 months

Typical home value in 40514 over the last 12 months: $358K in Aug 2025 to $372K in Aug 2026 (+4.1%).

Aug 2025$358K

Aug 2026$372K

The numbers

What is the 40514 housing market like?

Typical home value

$372K

Up4.1%YoY

Median list price

$367K

Down0.9%MoM

Days on market

37

Down7.5%MoM

Homes for sale

28

Up55.6%MoM

Price cuts

27.1%

Up148.8%MoM

New listings

16

Down20.0%MoM

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

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The comparison

How do 40514 home prices compare?

  • 40514$372,396
  • 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

There are 28 homes for sale in 40514, with 16 new listings adding fresh choices. The median list price is $366,500 while the typical home value is $372,396, up 4.1% over the past year. A median of 37 days on market suggests buyers are acting, but not instantly. With 27.1% of listings taking a price cut, some sellers are still starting too high. Price to the market you have, not the one you want.

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