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Lexington, KY 40509 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: 0.14
ActiveActive listings: 6969PendingPending 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): $450k$450kSoldMedian sold price (last 6 months): $431k$431k
What homes actually sell for in Lexington, KY
Distribution of 414 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $312k to $561k
$188k to $274k: 40 sales$188k$274k to $360k: 94 sales94sales$360k to $446k: 63 sales$360k$446k to $532k: 72 sales$532k to $617k: 55 sales$532k$617k to $703k: 27 sales$703k to $789k: 15 sales$703k$789k to $875k: 7 salesMedian $431k

What the numbers say

As of October 26, 2026, Resideline is tracking 69 active listings and 10 pending sales in ZIP code 40509. That pending-to-active ratio of 0.14 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $450,000, while the median of the 414 closed sales Resideline tracked over the last six months was $431,000. 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 63 days.

Frequently asked questions

What is the median home price in 40509?

The median closed sale price in Lexington, KY 40509 was $431,000 over the last six months, based on 414 closed sales tracked by Resideline. The middle half of those sales ranged from $312,500 to $561,000.

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

Resideline is currently tracking 10 pending sales against 69 active listings in 40509, a pending-to-active ratio of 0.14. 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, 40509 is currently a faster-moving market.

Nearby ZIP code market data

Full Lexington, KY housing market report →

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