Updated May 2026 · Redfin · 3-month window
40505 Real Estate Market Update: Lexington, KY, May 2026
The latest housing-market numbers for ZIP code 40505 in Lexington, Kentucky, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $245K | ▲ +3.4% | ▲ +4.7% |
| Days on market | 50 | ▲ +4.2% | ▲ +45.6% |
| Homes for sale | 43 | ▼ -8.5% | ▼ -12.2% |
| Sale-to-list | 99.5% | ▲ +0.6% | ▲ +1.6% |
| Homes sold | 71 | ▲ +16.4% | ▼ -5.3% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 40505 numbers say
Prices in Lexington's 40505 ZIP are still climbing. The median sale price reached $245,000, up 4.7% year over year. Pace is steady: a typical listing goes under contract in about 50 days, with sellers getting 99.5% of list price.
Based on 71 recent sales, 40505 is currently an active market.
What this means if you sell in 40505
Use these figures to set expectations early. Lead a listing appointment with the median price and the 50-day pace, show the year-over-year direction, and frame 40505 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Lexington post →Frequently asked: the 40505 housing market
- What is the median home price in ZIP 40505 (Lexington, KY)?
- As of May 2026, the median sale price in ZIP 40505 is $245,000 (+4.7% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 40505 a buyer's or seller's market right now?
- ZIP 40505 is currently an active market, based on a 99.5% sale-to-list ratio, about 50 days on market for May 2026.
- How long do homes take to sell in ZIP 40505?
- A typical listing in 40505 goes under contract in about 50 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 40505 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.