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Lexington, KY 40515 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Lexington, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.19
ActiveActive listings: 4747PendingPending sales: 99
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): $349k$349kSoldMedian sold price (last 6 months): $425k$425k
What homes actually sell for in Lexington, KY
Distribution of 302 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $286k to $582k
$203k to $296k: 68 sales68sales$203k$296k to $390k: 54 sales$390k to $483k: 50 sales$390k$483k to $576k: 35 sales$576k to $669k: 33 sales$576k$669k to $762k: 19 sales$762k to $856k: 8 sales$762k$856k to $949k: 4 salesMedian $425k

What the numbers say

As of September 14, 2026, Resideline is tracking 47 active listings and 9 pending sales in ZIP code 40515. That pending-to-active ratio of 0.19 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $349,000, while the median of the 302 closed sales Resideline tracked over the last six months was $425,000. 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 51 days.

Frequently asked questions

What is the median home price in 40515?

The median closed sale price in Lexington, KY 40515 was $425,000 over the last six months, based on 302 closed sales tracked by Resideline. The middle half of those sales ranged from $286,500 to $581,661.

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

Resideline is currently tracking 9 pending sales against 47 active listings in 40515, a pending-to-active ratio of 0.19. 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

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