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Lexington, KY 40515 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: 0.06
ActiveActive listings: 4949PendingPending sales: 33
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): $488k$488kSoldMedian sold price (last 6 months): $420k$420k
What homes actually sell for in Lexington, KY
Distribution of 284 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $290k to $580k
$203k to $300k: 61 sales61sales$203k$300k to $396k: 60 sales$396k to $492k: 50 sales$396k$492k to $589k: 30 sales$589k to $686k: 25 sales$589k$686k to $782k: 15 sales$782k to $878k: 9 sales$782k$878k to $975k: 5 salesMedian $420k

What the numbers say

As of October 26, 2026, Resideline is tracking 49 active listings and 3 pending sales in ZIP code 40515. That pending-to-active ratio of 0.06 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 $488,000, while the median of the 284 closed sales Resideline tracked over the last six months was $420,000. 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 75 days.

Frequently asked questions

What is the median home price in 40515?

The median closed sale price in Lexington, KY 40515 was $420,000 over the last six months, based on 284 closed sales tracked by Resideline. The middle half of those sales ranged from $290,000 to $580,000.

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

Resideline is currently tracking 3 pending sales against 49 active listings in 40515, a pending-to-active ratio of 0.06. 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, 40515 is currently a typical-pace market.

Nearby ZIP code market data

Full Lexington, KY housing market report →

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