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Lexington, KY 40515 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: 0.10
ActiveActive listings: 4242PendingPending sales: 44
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): $490k$490kSoldMedian sold price (last 6 months): $423k$423k
What homes actually sell for in Lexington, KY
Distribution of 309 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $290k to $582k
$200k to $296k: 72 sales72sales$200k$296k to $391k: 59 sales$391k to $487k: 49 sales$391k$487k to $582k: 40 sales$582k to $678k: 25 sales$582k$678k to $774k: 21 sales$774k to $869k: 9 sales$774k$869k to $965k: 5 salesMedian $423k

What the numbers say

As of October 5, 2026, Resideline is tracking 42 active listings and 4 pending sales in ZIP code 40515. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $489,950, while the median of the 309 closed sales Resideline tracked over the last six months was $423,000. 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 40515 for 73 days.

Frequently asked questions

What is the median home price in 40515?

The median closed sale price in Lexington, KY 40515 was $423,000 over the last six months, based on 309 closed sales tracked by Resideline. The middle half of those sales ranged from $289,500 to $581,661.

Is 40515 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 42 active listings in 40515, a pending-to-active ratio of 0.10. 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, 40515 currently looks like a balanced market.

Nearby ZIP code market data

Full Lexington, KY housing market report →

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