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All market snapshots / 40503

Lexington, KY 40503 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Lexington, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 3030PendingPending sales: 22
Lexington, KY: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $371k$371kSoldMedian sold price (last 6 months): $365k$365k
What homes actually sell for in Lexington, KY
Distribution of 212 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $286k to $435k
$160k to $220k: 12 sales$160k$220k to $279k: 30 sales$279k to $338k: 39 sales$279k$338k to $398k: 46 sales46sales$398k to $458k: 33 sales$398k$458k to $517k: 16 sales$517k to $576k: 7 sales$517k$576k to $636k: 8 salesMedian $365k

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

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