Lexington, KY 40503 Housing Market
- Active listings30currently for sale
- Pending sales2under contract
- Median asking price$371,000current listings
- Listing age75 daysmedian time Resideline has been seeing the current listings
- Closed sales tracked (6 mo)212a tracked sample, not a market total
- Median sold price$365,000last 6 months
- Middle half of sold prices$286k to $435k25th to 75th percentile
What the numbers say
As of October 26, 2026, Resideline is tracking 30 active listings and 2 pending sales in ZIP code 40503. That pending-to-active ratio of 0.07 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.
The median asking price of current listings is $371,000, while the median of the 212 closed sales Resideline tracked over the last six months was $365,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 40503 for 75 days.
Frequently asked questions
What is the median home price in 40503?
The median closed sale price in Lexington, KY 40503 was $365,000 over the last six months, based on 212 closed sales tracked by Resideline. The middle half of those sales ranged from $286,000 to $435,000.
Is 40503 a buyer's or seller's market?
Resideline is currently tracking 2 pending sales against 30 active listings in 40503, a pending-to-active ratio of 0.07. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 40503 is currently a typical-pace market.
Nearby ZIP code market data
- 40509 Lexington, KY
- 40511 Lexington, KY
- 40515 Lexington, KY
- 40502 Lexington, KY
- 40475 Richmond, KY
- 40324 Georgetown, KY
- 41011 Covington, KY
- 41051 Independence, KY
- 41071 Newport, KY
- 41091 Union, KY
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