40508, KY homes for sale & real estate

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ABOUT THIS HOME
40508, KY Homes for Sale
Downtown living at its finest! This beautiful, end-unit townhome with no HOA(!) couldn't be more conveniently located-- it's a stone's throw from Gatton Park, Rupp Arena, the Distillery District, and so much more. Updates in the last few weeks include fresh paint throughout, brand new plush carpet upstairs, and landscaping out front. New AC unit in 2021 and new roof in 2020, too. The first floor features a spacious living room with a bar area that passes through to the updated kitchen, where you'll find plenty of cabinet and countertop space as well as a sunlit eat-in dining area. A guest half bath completes the main level amenities. Upstairs, there are two large bedrooms, each with ensuite

$279,900

2 beds2.5 baths1,296 sq ft

841 W Maxwell St, Lexington, KY 40508

End-unit townhome • No hoa • Built 2001

NEW CONSTRUCTION

ABOUT THIS HOME
40508, KY Homes for Sale
Beautiful, fabulously built new 3/2 homes by James Monroe in the Equestrian View Subdivision. This home, developed by the Lexington Housing Authority, is subject to purchaser eligibility requirements including first time home buyers only. Buyers must meet applicable income limits and program guidelines. If down payment assistance needed, buyer will be required to complete additional program requirements. Down payment assistance offered to eligible first-time homebuyers only, subject to program approval. Contact REACH to begin the process.

$258,350

3 beds2 baths1,514 sq ft

549 Shropshire Ave, Lexington, KY 40508

6,403 sq ft lot • 2 garage spots • Built 2025

FOR SALE BY OWNER

ABOUT THIS HOME
40508, KY Homes for Sale
Home is gutted and in need of complete interior remodel. Home has newer low e glazed, argon gassed, double pane windows, and newer siding, soffits, and fascia.

$99,900

3 beds1 bath1,147 sq ft

103 Thompson Rd, Lexington, KY 40508

Built 1935 • Listed 154 days

FOR SALE BY OWNER

ABOUT THIS HOME
40508, KY Homes for Sale
Located in heart of downtown Lexington nestled between University of Kentucky and Main Street. It is within walking distance to restaurants, shopping, Rupp Arena, entertainment, grocery store, parks and more. The University of Kentucky is one block away. It is a corner unit which has floor to ceiling windows to enjoy awesome views of downtown area City Courts is a 54-unit condo with secure entrances and a professional management company. Snow and ice removal, trash, water and sewer, common area maintenance, and landscaping are included in monthly fees. The building has code access elevators, secure entrances with remote app-based operation, security cameras with a regular presence by onsite

$269,500

1 bed1 bath681 sq ft

250 S Martin Luther King Blvd, Lexington, KY 40508

Secure entrances • Corner unit • Built 2006

ABOUT THIS HOME
40508, KY Homes for Sale
Welcome to 305 E Fourth Street, situated in Lexington's East End, just minutes from downtown and within easy reach of Transylvania University, the NoLi District, Kenwick, The Warehouse Block, really every nook and neighborhood surrounding downtown. This 3-bedroom, 2-full-bath home offers a practical layout with modern updates throughout, including laminate flooring, granite countertops, and newer cabinetry. The first floor features a dedicated laundry space, full bathroom, and bedroom, offering flexibility for guests, an office, or single-level living. Outside, enjoy a covered back patio, along with brand-new gutters and downspouts. A convenient location paired with thoughtful updates makes

$255,000

3 beds2 baths1,582 sq ft

305 E Fourth St, Lexington, KY 40508

Modern updates • Covered back patio • Brand-new gutters

Property at 361 S Upper St, Lexington, KY 40508, 1 bed, 1 bath

$459,000

1 bed1 bath1,141 sq ft

361 S Upper St, Lexington, KY 40508

Property at 523 1/2 Ohio St, Lexington, KY 40508, 2 beds, 1 bath

$110,000

2 beds1 bath696 sq ft

523 1/2 Ohio St, Lexington, KY 40508

Property at 576 Bolivar St, Lexington, KY 40508, 2 beds, 2 baths

$389,000

2 beds2 baths1,380 sq ft

576 Bolivar St, Lexington, KY 40508

Property at 545 Shropshire Ave, Lexington, KY 40508, 4 beds, 3 baths

$286,100

4 beds3 baths2,388 sq ft

545 Shropshire Ave, Lexington, KY 40508

Property at 331 S Mill St, Lexington, KY 40508, 5 beds, 3.5 baths

$899,000

5 beds3.5 baths3,722 sq ft

331 S Mill St, Lexington, KY 40508

Property at 668 Elsmere Park, Lexington, KY 40508, 3 beds, 3.5 baths

$459,000

3 beds3.5 baths1,988 sq ft

668 Elsmere Park, Lexington, KY 40508

Property at 525 Patterson St, Lexington, KY 40508, 3 beds, 1 bath

$299,000

3 beds1 bath1,046 sq ft

525 Patterson St, Lexington, KY 40508

Property at 478 Willy St, Lexington, KY 40508, 2 beds, 1 bath

$144,900

2 beds1 bath— sq ft

478 Willy St, Lexington, KY 40508

Property at 565 W Second St, Lexington, KY 40508, 3 beds, 2.5 baths

$1,050,000

3 beds2.5 baths4,375 sq ft

565 W Second St, Lexington, KY 40508

Property at 317 S Mill St, Lexington, KY 40508, 3 beds, 1 bath

$439,000

3 beds1 bath1,696 sq ft

317 S Mill St, Lexington, KY 40508

Property at 220 Cedar St #102, Lexington, KY 40508, 2 beds, 2.5 baths

$389,000

2 beds2.5 baths1,074 sq ft

220 Cedar St #102, Lexington, KY 40508

Property at 533 Shropshire Ave, Lexington, KY 40508, 3 beds, 2 baths

$258,750

3 beds2 baths1,455 sq ft

533 Shropshire Ave, Lexington, KY 40508

Property at 620 N Martin Luther King Blvd, Lexington, KY 40508, 4 beds, 2.5 baths

$185,000

4 beds2.5 baths1,550 sq ft

620 N Martin Luther King Blvd, Lexington, KY 40508

Property at 220 Cedar St #108, Lexington, KY 40508, 2 beds, 2.5 baths

$389,000

2 beds2.5 baths1,074 sq ft

220 Cedar St #108, Lexington, KY 40508

Property at 622 W Main St #110, Lexington, KY 40508, 2 beds, 2.5 baths

$429,900

2 beds2.5 baths1,938 sq ft

622 W Main St #110, Lexington, KY 40508

Property at 430 E Fourth Street 430, Lexington, KY 40508, 2 beds, 2 baths

$279,900

2 beds2 baths1,078 sq ft

430 E Fourth Street 430, Lexington, KY 40508

Property at 457 Breckenridge St, Lexington, KY 40508, 3 beds, 1 bath

$169,900

3 beds1 bath780 sq ft

457 Breckenridge St, Lexington, KY 40508

Property at 355 S Broadway #604, Lexington, KY 40508, 2 beds, 2 baths

$375,000

2 beds2 baths1,182 sq ft

355 S Broadway #604, Lexington, KY 40508

Property at 415-417 Oak St, Lexington, KY 40508, 4 beds, 2 baths

$285,000

4 beds2 baths1,316 sq ft

415-417 Oak St, Lexington, KY 40508

Property at 585 S Upper St #147, Lexington, KY 40508, 2 beds, 1 bath

$240,000

2 beds1 bath860 sq ft

585 S Upper St #147, Lexington, KY 40508

Property at 275 S Limestone #310, Lexington, KY 40508, 1 bed, 1 bath

$312,000

1 bed1 bath1,170 sq ft

275 S Limestone #310, Lexington, KY 40508

Property at 220 Cedar St #107, Lexington, KY 40508, 2 beds, 2 baths

$364,500

2 beds2 baths1,141 sq ft

220 Cedar St #107, Lexington, KY 40508

Property at 617 N Broadway, Lexington, KY 40508, 2 beds, 2.5 baths

$485,000

2 beds2.5 baths2,021 sq ft

617 N Broadway, Lexington, KY 40508

Property at 607 N Broadway, Lexington, KY 40508, 2 beds, 2 baths

$275,000

2 beds2 baths1,374 sq ft

607 N Broadway, Lexington, KY 40508

Property at 355 S Broadway Unit 202, Lexington, KY 40508, 2 beds, 2 baths

$390,000

2 beds2 baths1,434 sq ft

355 S Broadway Unit 202, Lexington, KY 40508

Property at 615 Bellaire Ave, Lexington, KY 40508, 3 beds, 2.5 baths

$489,000

3 beds2.5 baths1,892 sq ft

615 Bellaire Ave, Lexington, KY 40508

Property at 850 De Roode St, Lexington, KY 40508

$295,000

Land0.46 acre (lot)

850 De Roode St, Lexington, KY 40508

Property at 650 Setzer Way Lot 7A, Lexington, KY 40508

$695,000

Land2.14 acres (lot)

650 Setzer Way Lot 7A, Lexington, KY 40508

Property at 650 Setzer Way Unit 7c, Lexington, KY 40508

$659,000

Land2.02 acres (lot)

650 Setzer Way Unit 7c, Lexington, KY 40508

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Average home prices near 40508, KY

Cities

Zip Codes

40508, KY real estate trends

All Home Types trends in 40508, KY

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$289,915

+5.4% YoY | Sep 2026

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Sep 2026

Growth

% YoY

40508, KY

$289,915

+5.4%

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