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Updated May 2026 · Redfin · 3-month window

40509 Real Estate Market Update: Lexington, KY, May 2026

The latest housing-market numbers for ZIP code 40509 in Lexington, Kentucky, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 40509 · Lexington, KY · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$410K▼ -1.6%▲ +7.8%
Days on market43▼ -21.8%▲ +24.6%
Homes for sale140▼ -5.4%▼ -16.2%
Sale-to-list98.6%▲ +0.3%▼ -0.7%
Homes sold183▲ +18.8%▲ +18.8%

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 40509 numbers say

Prices in Lexington's 40509 ZIP are still climbing. The median sale price reached $410,000, up 7.8% year over year. Pace is steady: a typical listing goes under contract in about 43 days, with sellers getting 98.6% of list price.

Based on 183 recent sales, 40509 is currently an active market.

What this means if you sell in 40509

Use these figures to set expectations early. Lead a listing appointment with the median price and the 43-day pace, show the year-over-year direction, and frame 40509 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 40509 housing market

What is the median home price in ZIP 40509 (Lexington, KY)?
As of May 2026, the median sale price in ZIP 40509 is $410,000 (+7.8% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 40509 a buyer's or seller's market right now?
ZIP 40509 is currently an active market, based on a 98.6% sale-to-list ratio, about 43 days on market for May 2026.
How long do homes take to sell in ZIP 40509?
A typical listing in 40509 goes under contract in about 43 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 40509 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.