Home ValuePros

Market Intelligence · KY / Lexington

Lexington, KY 40515 Housing Market

The typical home value in Lexington, KY 40515 is $383,029, up 3.0% over the past year. As of 2026-08-01, the median list price is $525,000 and homes spend a median of 39 days on the market.

Updated August 2026Median value$383K

The median home value in Lexington, KY 40515 is $383K as of August 2026, up 3.0% 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

$352K to $414K

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

+3.0% over 12 months

Typical home value in 40515 over the last 12 months: $372K in Aug 2025 to $383K in Aug 2026 (+3.0%).

Aug 2025$372K

Aug 2026$383K

The numbers

What is the 40515 housing market like?

Typical home value

$383K

Up3.0%YoY

Median list price

$525K

Down8.8%MoM

Days on market

39

Up8.3%MoM

Homes for sale

88

Up23.9%MoM

Price cuts

21.2%

Up109.9%MoM

New listings

44

Down8.3%MoM

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

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The comparison

How do 40515 home prices compare?

  • 40515$383,029
  • 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

As of 2026-08-01, there are 88 homes for sale in Lexington, KY 40515, with 44 new listings coming to market. The median list price is $525,000, while the typical home value sits at $383,029, up 3.0% over the past year. Homes are moving in a median of 39 days, and 21.2% of listings have taken a price cut. That combination points to a market that is still appreciating but where some sellers are adjusting expectations. If you are thinking about selling, pricing right from the start matters more than chasing a higher number.

Monthly payment

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20% · $76,606

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