Lexington housing market: home prices, trends and forecast
Lexington home prices: the Zillow Home Value Index puts the typical home in Lexington, Kentucky at $331,087 in September 2026, its highest month on record and +3.4% above a year earlier.
- Value of the typical home
- $331,087September 2026, Zillow ZHVI
- Change over 12 months
- +3.4%. compared with September 2025.
Lexington home prices since 2000
In the chart, the steel line shows Lexington and the grey line shows the United States. From January 2000, a typical home in Lexington rose from $131,001 to $331,087, a change of ×2.53, compared with ×2.99 for the US across those months. Prices hit their boom high in September 2006 at $168,897 and fell to a low in March 2012 at $154,438, −8.6%.
Median home price by year in Lexington
Each yearly figure averages the twelve monthly values; for 2026 the latest month is shown.
| Year | Lexington | Change on the year | United States |
|---|---|---|---|
| 2000 | $133,326 | $125,745 | |
| 2001 | $139,661 | +4.8% | $134,899 |
| 2002 | $144,139 | +3.2% | $144,276 |
| 2003 | $149,464 | +3.7% | $155,308 |
| 2004 | $156,046 | +4.4% | $169,891 |
| 2005 | $162,726 | +4.3% | $189,732 |
| 2006 | $167,689 | +3.1% | $206,531 |
| 2007 | $166,899 | −0.5% | $208,449 |
| 2008 | $162,909 | −2.4% | $195,574 |
| 2009 | $163,527 | +0.4% | $177,542 |
| 2010 | $162,660 | −0.5% | $171,462 |
| 2011 | $157,658 | −3.1% | $162,508 |
| 2012 | $155,515 | −1.4% | $161,137 |
| 2013 | $158,156 | +1.7% | $171,420 |
| 2014 | $160,788 | +1.7% | $182,996 |
| 2015 | $164,971 | +2.6% | $192,738 |
| 2016 | $172,851 | +4.8% | $204,509 |
| 2017 | $183,120 | +5.9% | $216,767 |
| 2018 | $194,103 | +6.0% | $230,541 |
| 2019 | $202,885 | +4.5% | $242,088 |
| 2020 | $215,701 | +6.3% | $257,151 |
| 2021 | $242,816 | +12.6% | $295,959 |
| 2022 | $272,682 | +12.3% | $340,014 |
| 2023 | $290,467 | +6.5% | $348,160 |
| 2024 | $307,093 | +5.7% | $359,751 |
| 2025 | $319,558 | +4.1% | $362,959 |
| September 2026 | $331,087 | +3.4% | $366,157 |
Current value of a Lexington home bought in any year
An estimate drawn from an index for a typical home, not an appraisal.
Each year averages its twelve monthly index values; the current value is September 2026. More tools: home appreciation calculator.
Thinking about selling? See how local agents compare on Realtor.com. Advertising disclosure: links like this one may pay the site, and no number is ever changed because of them. Disclosure.
Lexington housing market forecast
In the Lexington, KY metro, Zillow's forecast shows +1.3% over the next three months and +2.9% over the 12 months starting September 2026. Put that growth on Lexington's typical value of $331,087 and you get close to $340,700 a year on.
What appears here restates Zillow's central estimate for the metro; no forecast of the site's own is published. Forecasts like this 12-month one have typically been off by several percentage points from the change that actually happened, in both directions. This is not investment advice.
All metro forecasts in one table: housing market forecast.
Lexington housing market crash risk score
Score 27 of 100, moderate
Lexington is ranked against the 292 cities by this score, which relies on five conditions that ran high before earlier price falls. Each input gets a score from 0 to 100 compared with the other cities, and the five scores are averaged with equal weight. It shows the conditions of today and makes no prediction of a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −27.0% | 14 | 20% |
| Days on the market vs 2019 | −15.3% | 15 | 20% |
| Price-to-rent ratio | 16.9 | 42 | 20% |
| Price-to-income ratio | 4.7 | 46 | 20% |
| 12-month price change | +3.4% | 16 | 20% |
This is not investment advice. Scoring details for the inputs: methodology. See how all 292 cities rank: crash risk by city.
Homes for sale and days on market in Lexington
In the metro, for September 2026 the Lexington, KY area counted 1,324 homes for sale, up 5.1% from a year earlier and down 27.0% against the same month in 2019. It took a median of 50 days for a listing to sell (−15.3% against 2019), and price cuts applied to 19.6% of listings.
| Lexington, KY metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 1,324 | +5.1% |
| New listings | 632 | |
| Median days on market | 50 | +7.5% |
| Median list price | $399,000 | +0.1% |
| Share with a price cut | 19.6% |
Realtor.com® Economic Research, metro inventory. Data from Realtor.com. For every metro, see days on market by city.
Living costs and rent in Lexington
According to the Zillow Observed Rent Index, the typical asking rent in Lexington sits at $1,631 a month, +3.9% on a year. At that rent, a typical home costs the equivalent of 16.9 years of rent. Median household income stands at $69,989 (Census ACS 2024), which makes the typical home 4.7 times a year's income. For the metro, BEA scores prices at 92.9 where the US average is 100, and housing costs at 77.1.
Other Kentucky housing markets
- Louisville home values $261,376.
For the whole state, see the Kentucky housing market.
How to read this chart
Each point shows the Zillow Home Value Index for Lexington: what a typical home in the market's middle third was worth, smoothed and seasonally adjusted, expressed in dollars for that month. A hollow dot marks the month chosen on the slider, and a terracotta dot marks the latest month. These numbers carry no inflation adjustment, and an index tracks the typical home rather than any single house: work out one home's value from what it sold for, using the card above or the home appreciation calculator.