ZIP 40516 · Lexington, KY
40516 Lexington, KY Housing Market
Monthly housing intelligence for ZIP 40516, Lexington, KY. Latest data: May 2026.
Median listing price
$1,090,000
MoM -16.2% · YoY +32.1%
Active listings
5
YoY +25.0%
Median days on market
50
YoY -2.9%
New listings
0
YoY —
Pending listings
3
Pending ratio 0.60
Price reduced share
0.0%
YoY +0.0%
Median $ / sqft
$281
YoY +10.0%
Median sqft
3,821
Average listing price
$1,769,150
YoY +2.2%
Total listings
6
Nearby ZIPs
40509
Lexington, KY
$528,900
113 active · 41 DOM
40502
Lexington, KY
$750,000
63 active · 44 DOM
40515
Lexington, KY
$569,900
60 active · 37 DOM
40511
Lexington, KY
$381,423
45 active · 29 DOM
40508
Lexington, KY
$279,500
45 active · 61 DOM
40505
Lexington, KY
$288,500
29 active · 49 DOM
40517
Lexington, KY
$285,000
26 active · 42 DOM
40503
Lexington, KY
$400,000
24 active · 32 DOM
40513
Lexington, KY
$705,000
23 active · 46 DOM
40504
Lexington, KY
$319,000
19 active · 34 DOM
40507
Lexington, KY
$525,000
17 active · 26 DOM
40514
Lexington, KY
$385,000
15 active · 31 DOM
Recent history
| Month | Median price | Active | DOM | Pending ratio |
|---|---|---|---|---|
| May 2026 | $1,090,000 | 5 | 50 | 0.60 |
| April 2026 | $1,300,000 | 5 | 36 | 0.89 |