The Lexington housing market is somewhat competitive. Homes in Lexington receive 2 offers on average and sell in around 35 days. The median sale price of a home in Lexington was $330K last month, up 1.5% since last year. The median sale price per square foot in Lexington is $190, up 7.6% since last year.
What is the housing market like in Lexington today?
In October 2024, Lexington home prices were up 1.5% compared to last year, selling for a median price of $330K. On average, homes in Lexington sell after 35 days on the market compared to 26 days last year. There were 318 homes sold in October this year, up from 292 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$330,000
+1.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lexington, KY
$330,000
+1.5%
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 23% 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.
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How hot is the Lexington housing market?
Lexington is somewhat competitive. Homes sell in 33 days.
0
100
69
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 33 days.
Hot homes
can sell for around list price and go pending in around 8 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
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.
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lexington has a moderate risk of flooding. 10,617 properties in Lexington are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Lexington. Flood risk is increasing slower than the national average.
21% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lexington has a moderate risk of wildfire. There are 24,415 properties in Lexington that have some risk of being affected by wildfire over the next 30 years. This represents 21% 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. 111,504 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.