Market Intelligence Report — KY-460

Lexington-Fayette, KY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-KY-05
As of the latest 2026 data
Very Competitive

Median Listing

$420K
+5.3% YoY

Pending Ratio

1.21
+8.5% YoY

Active Inventory

1,012
-1.1% YoY

Median DOM

45 Days
+2.3% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's very competitive Lexington-Fayette market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Lexington-Fayette, KY.

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The Lexington-Fayette market remains Very Competitive in May 2026, characterized by a pending ratio of 1.21. This reflects robust demand absorption relative to available inventory, despite a slight increase in new listings year-over-year. The median listing price increased 5.3% year-over-year to $419,900.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Lexington-Fayette market right now.

Active listings saw a modest decrease of 1.1% year-over-year to 1,012 units, while new listings increased by 10.7% over the same period. The pending ratio experienced a significant year-over-year increase of 8.5%, indicating accelerating activity. Median days on market increased slightly by 2.3% year-over-year to 45 days, suggesting a marginally longer but still efficient absorption period.

Historical Analysis

Market Trends

Median Price

$420K-0.0% MoM

Active Inventory

1,012-1.1% YoY

Days on Market

45+2.3% YoY

Sold Score™

80+8.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

80
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio of 1.21 suggests that buyer competition is intense, requiring swift decisions for desirable properties. This strong demand places upward pressure on pricing and reduces the scope for buyer negotiation. Sellers are likely to experience offers at or above listing price with comparatively fewer contingencies.

Luxury Segment

The average listing price increased by 8.9% year-over-year to $585,187, outpacing the 5.3% increase in the median listing price. Simultaneously, the median price per square foot saw a slight decline of 0.3% year-over-year to $200. This divergence hints at potential softening in the luxury segment, with higher-priced properties experiencing slower appreciation or slight price adjustments compared to the broader market.

Supply Dynamics

1,012 active listings represent the current floor, with new supply arriving at roughly 744 per month.

Pricing Pressure
15.3%

of active listings carry a price reduction, +1.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.3% year-over-year.

Absorption
1.21

Pending-to-active ratio — Very Competitive.

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Metro Demographics

Metro Area
Lexington-Fayette, KY
CBSA Code
30460
State
KY

ZIPs in Lexington-Fayette, KY

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Lexington-Fayette?+

    As of the latest 2026 data, the Lexington-Fayette metro is classified as Very Competitive. Pending ratio is 1.21 with median days on market at 45.

  • Are home prices dropping in Lexington-Fayette?+

    Median listing price is $420K, +5.3% year over year. 15.3% of active listings carry a price reduction.

  • How fast are homes selling in Lexington-Fayette?+

    The typical listing sits 45 days on market, a +2.3% change YoY. New listings are arriving at 744 per month.

  • What's happening in the Lexington-Fayette luxury market?+

    The average listing price increased by 8.9% year-over-year to $585,187, outpacing the 5.3% increase in the median listing price. Simultaneously, the median price per square foot saw a slight decline of 0.3% year-over-year to $200. This divergence hints at potential softening in the luxury segment, with higher-priced properties experiencing slower appreciation or slight price adjustments compared to the broader market.

  • Where can I find a trusted Lexington-Fayette real estate expert?+

    Primpted maintains a vetted registry of Lexington-Fayette agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 30460 · 36mo history