Home ValuePros

Market Intelligence · KY / Lexington

Lexington, KY 40515 Housing Market

The typical home value in Lexington's 40515 ZIP code is $387,410, up 3.1% over the past year. The median list price sits at $583,000, and homes are taking a median of 35 days on market.

Updated June 2026Median value$387K

The median home value in Lexington, KY 40515 is $387K as of June 2026, up 3.1% 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 40515 range

$356K to $418K

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

+3.1% over 12 months

Typical home value in 40515 over the last 12 months: $376K in Jun 2025 to $387K in Jun 2026 (+3.1%).

Jun 2025$376K

Jun 2026$387K

The numbers

What is the 40515 housing market like?

Typical home value

$387K

Up3.1%YoY

Median list price

$583K

Days on market

35

Down5.4%MoM

Homes for sale

65

Price cuts

9.6%

New listings

58

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

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The comparison

How do 40515 home prices compare?

  • 40515$387,410
  • 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 65 homes for sale in 40515, with 58 new listings adding to the supply. The median list price of $583,000 runs well above the typical home value of $387,410, which reflects the mix of properties currently listed. Homes are taking a median of 35 days to sell, and 9.6% of listings have had a price cut. For sellers, this is a market that still shows steady annual value growth, so pricing to match what buyers are actually paying matters more than chasing the highest list prices.

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