Updated May 2026 · Redfin · 3-month window
40508 Real Estate Market Update: Lexington, KY, May 2026
The latest housing-market numbers for ZIP code 40508 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 | $304K | ▲ +18.0% | ▲ +6.1% |
| Days on market | 35 | ▼ -5.4% | ▼ -7.9% |
| Homes for sale | 57 | ▼ -5.0% | ▲ +21.3% |
| Sale-to-list | 97.2% | ▲ +0.1% | ▼ -0.7% |
| Homes sold | 44 | ▲ +33.3% | ▼ -10.2% |
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 40508 numbers say
Prices in Lexington's 40508 ZIP are still climbing. The median sale price reached $303,950, up 6.1% year over year. Homes here move fast: a typical listing goes under contract in about 35 days, and sellers are getting 97.2% of list price.
Based on 44 recent sales, 40508 is currently an active market.
What this means if you sell in 40508
Use these figures to set expectations early. Lead a listing appointment with the median price and the 35-day pace, show the year-over-year direction, and frame 40508 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 40508 housing market
- What is the median home price in ZIP 40508 (Lexington, KY)?
- As of May 2026, the median sale price in ZIP 40508 is $303,950 (+6.1% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 40508 a buyer's or seller's market right now?
- ZIP 40508 is currently an active market, based on a 97.2% sale-to-list ratio, about 35 days on market for May 2026.
- How long do homes take to sell in ZIP 40508?
- A typical listing in 40508 goes under contract in about 35 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 40508 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.