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Median sale price
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ZIP 40516 in Lexington, KY: housing market trends

The median home sale price in ZIP 40516 in Lexington, KY was $317,407 for the three-month period ending September 2026. Sale prices were 8.6% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$317,407
three-month period ending September 2026
Median sale price per sq ft
$181.18
three-month period ending September 2026
Active listings
14
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 14 active listings for the three-month period ending September 2026. Active listings were 16.7% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 33 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 40516 in Lexington, KY
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$317,407$181.189 · small sample
Single-familySeptember 2026$326,918$181.187 · small sample
TownhousesSeptember 2026$191,500$168.862 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 40516 in Lexington, KY
MarketMedian sale priceReporting period / source
Lexington, KY$347,500Month ending July 2026 · Zillow
Paris, KY$304,8553 months ending September 2026 · Redfin
Winchester, KY$247,3323 months ending September 2026 · Redfin
Georgetown, KY$362,500Month ending July 2026 · Zillow
Nicholasville, KY$335,000Month ending July 2026 · Zillow
Midway, KY$299,8573 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 40516 in Lexington, KY
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$317,407$181.1814
August 2026$317,500$181.2213
July 2026$408,250$214.7614
June 2026$1,019,000$270.0113
May 2026$1,019,000$257.4010
April 2026$391,000$217.6010
March 2026$350,000$194.6610
February 2026$246,000$201.479
January 2026$262,000$203.6510
December 2025$254,000$202.5612
November 2025$290,000$190.7614
October 2025$299,500$190.7616
September 2025$292,250$196.9112
August 2025$285,000$206.5714
July 2025$284,000$191.0111
June 2025$279,000$191.0110
May 2025$216,000$164.6611
April 2025$216,000$164.6613
March 2025$240,000$158.7311
February 2025$285,000$164.9012
January 2025$284,950$176.1311
December 2024$280,000$184.6518
November 2024$289,900$208.3316
October 2024$597,500$226.6719

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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