Is Lexington, KY 40504 a buyer’s or seller’s market?
Lexington is a seller’s market. With about 2.9 months of supply and 38% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score75/ 100
More competitive than 79% of U.S. ZIP codes, and #7 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply2.9Under 4 months = seller’s market
Sold above original list37.7%Share of sales, last 3 months
Median sale-to-list100.8%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$184▼ −0.8% vs. last year
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Nearby markets
Lexington 40502Seller’s market $253 /sq ftLexington 40503Seller’s market $212 /sq ftLexington 40505Seller’s market $170 /sq ftLexington 40507Balanced $323 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology