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All market snapshots / 40509

Lexington, KY 40509 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Lexington, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.21
ActiveActive listings: 4747PendingPending sales: 1010
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): $485k$485kSoldMedian sold price (last 6 months): $418k$418k
What homes actually sell for in Lexington, KY
Distribution of 430 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $310k to $560k
$180k to $263k: 40 sales$180k$263k to $346k: 86 sales86sales$346k to $429k: 75 sales$346k$429k to $512k: 66 sales$512k to $596k: 64 sales$512k$596k to $679k: 33 sales$679k to $762k: 16 sales$679k$762k to $845k: 8 salesMedian $418k

What the numbers say

As of October 5, 2026, Resideline is tracking 47 active listings and 10 pending sales in ZIP code 40509. That pending-to-active ratio of 0.21 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $485,000, while the median of the 430 closed sales Resideline tracked over the last six months was $418,000. 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 40509 for 67 days.

Frequently asked questions

What is the median home price in 40509?

The median closed sale price in Lexington, KY 40509 was $418,000 over the last six months, based on 430 closed sales tracked by Resideline. The middle half of those sales ranged from $310,000 to $560,000.

Is 40509 a buyer's or seller's market?

Resideline is currently tracking 10 pending sales against 47 active listings in 40509, a pending-to-active ratio of 0.21. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 40509 currently looks like a balanced market.

Nearby ZIP code market data

Full Lexington, KY housing market report →

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