Updated May 2026 · Redfin · 3-month window
40514 Real Estate Market Update: Lexington, KY, May 2026
The latest housing-market numbers for ZIP code 40514 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 | $351K | ▲ +1.0% | ▼ -11.1% |
| Days on market | 37 | ▼ -40.7% | ▲ +30.4% |
| Homes for sale | 23 | • 0.0% | ▼ -11.5% |
| Sale-to-list | 99.7% | ▲ +1.1% | ▼ -0.2% |
| Homes sold | 46 | ▲ +4.5% | ▼ -11.5% |
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 40514 numbers say
The 40514 ZIP in Lexington is cooling. The median sale price sits at $351,000, 11.1% below last year. Pace is steady: a typical listing goes under contract in about 37 days, with sellers getting 99.7% of list price.
Based on 46 recent sales, 40514 is currently an active market.
What this means if you sell in 40514
Use these figures to set expectations early. Lead a listing appointment with the median price and the 37-day pace, show the year-over-year direction, and frame 40514 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 40514 housing market
- What is the median home price in ZIP 40514 (Lexington, KY)?
- As of May 2026, the median sale price in ZIP 40514 is $351,000 (-11.1% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 40514 a buyer's or seller's market right now?
- ZIP 40514 is currently an active market, based on a 99.7% sale-to-list ratio, about 37 days on market for May 2026.
- How long do homes take to sell in ZIP 40514?
- A typical listing in 40514 goes under contract in about 37 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 40514 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.