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Lexington

Why you'd want to live in Lexington

Lexington blends influences from the South and Midwest to create a cultural identity all its own. A college town, Lexington is home to the University of Kentucky, which is the city's largest school and employer. The university plays an important role in the city by providing a constant influx of young, educated people into the culture and economy. Sometimes called the Horse Capital of the World, Lexington relies on the equestrian industry as a main economic driver, and it's a huge part of the city's culture. Horse farms surround the city on all sides, many streets are named after Triple Crown winners and horse statues are displayed in parking lots and city parks. The horse industry is so important to Lexington that zoning restrictions are in place to protect hundreds of neighboring farms from urban sprawl. You don't have to love horses to love Lexington (but if you really hate them, it may not be the place for you). Lexingtonians also love college basketball, locally sourced cuisine, outdoor recreation and of course, bourbon. The region has a variety of industries, a temperate climate and plenty of access to the great outdoors. The area's population is on the rise, but the cost of living is still relatively low. Combined with a diverse job market and a stable economy, this makes Lexington an ideal place for young professionals, families and retirees. via realestate

Lexington Market Report

$606,162

AVERAGE PRICE OF 1,194 HOMES

$389,950

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,784,909

AVERAGE PRICE OF 99 MULTI-MILLION DOLLAR HOMES

$625,216

AVERAGE PRICE OF 248 NEWLY BUILT HOMES

$1,592,769

AVERAGE PRICE OF 70 HOMES WITH A POOL

$380,556

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $606,162
Avg Bedrooms 3.3 beds
Avg Bathrooms 2.65 baths

Average Price by Bedrooms

1 bedroom $186,784
2 bedrooms $295,526
3 bedrooms $441,047
4 bedrooms $555,032
5 bedrooms $1,079,442
Lexington Home Price Trends
  11/2025 10/2025 9/2025 8/2025 7/2025
Total Listings 1,310 1,286 1,243 1,578 1,251
Average Price $587,148 $592,553 $607,493 $608,246 $613,666
Avg Price Change -0.92% -2.52% -0.12% -0.89% +0.72%
Median Price $387,483 $395,300 $401,873 $404,656 $414,006
Med Price Change -2.02% -1.66% -0.69% -2.31% +2.28%
Avg Bedrooms 3.36 beds 3.36 beds 3.3 beds 3.31 beds 3.35 beds
Avg Bathrooms 2.71 baths 2.73 baths 2.7 baths 2.71 baths 2.73 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Henry Clay 252 $632,014 69 days
Total Homes Average Price Avg Days on Site
All Homes 1,194 $606,162 69 days
Distressed Homes 4 $389,950 76 days
Multi-Million Dollar Homes 99 $2,784,909 86 days
Newly Built Homes 248 $625,216 92 days
Homes with a Pool 70 $1,592,769 76 days
Reduced Price Homes 27 $380,556 55 days
simpliHOM
Justin Satterwhite
2333 Alexandria Dr Suite 106
Lexington, KY 40504
859-983-1045

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Justin Satterwhite - Building The Bluegrass Realty are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX brokers.
Data from other IDX's is "deemed reliable but not guaranteed."
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