The Lexington housing market is very competitive. Homes in Lexington receive 3 offers on average and sell in around 24 days. The median sale price of a home in Lexington was $330K last month, up 9.3% since last year. The median sale price per square foot in Lexington is $182, up 9.0% since last year.
What is the housing market like in Lexington today?
In April 2024, Lexington home prices were up 9.3% compared to last year, selling for a median price of $330K. On average, homes in Lexington sell after 24 days on the market compared to 14 days last year. There were 327 homes sold in April this year, up from 282 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$329,765
+9.3% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Lexington, KY
$329,765
+9.3%
United States
To compare other locations to the Lexington and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Lexington's median sale price is 24% lower than the national average. Overall cost of living in Lexington is 8% lower than the national average. Learn which home features in Lexington add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lexington housing market?
Lexington is very competitive. Homes sell in 20 days.
0
100
73
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 20 days.
Hot homes
can sell for about 1% above list price and go pending in around 3 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Lexington
Explore recent offers and recently sold homes in Lexington
Recent offers
Winning Offer|
8 Weeks Ago
~$175K Offer
3bd | 2ba | ~1,250sqft
Over List Price
0%
Days on Market
36
Competing Offers
0
Down Payment
~20%
Stacey Jones
Lexington Redfin Agent
Offer Not Accepted|
5 Weeks Ago
~$300K Offer
Sold for $325K
4bd | 2ba | ~2,000sqft
Under List Price
4%
Days on Market
1
Competing Offers
9
Down Payment
—
Rebecca Worth
Lexington Redfin Agent
Offer Not Accepted|
4 Weeks Ago
~$300K Offer
Sold for $325K
3bd | 2ba | ~1,500sqft
Over List Price
3%
Days on Market
1
Competing Offers
10
Down Payment
—
Rebecca Worth
Lexington Redfin Agent
10 offers on this home we went 11,000 above ask but I don't think we were close. We have been doing inspection option #2 which means we are getting inspection with no repairs. …
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lexington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lexington.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lexington has a moderate risk of flooding. 11,480 properties in Lexington are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Lexington. Flood risk is increasing slower than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lexington has a moderate risk of wildfire. There are 7,918 properties in Lexington that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in Lexington.
98% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lexington has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lexington is most at risk from hurricanes. 110,761 properties in Lexington have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 69 mph.