Market Intelligence Report — KY-460

Lexington-Fayette, KY

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

Ref. No: 2026-KY-08
As of the latest 2026 data
Very Competitive

Median Listing

$399K
-0.2% YoY

Pending Ratio

0.82
-4.0% YoY

Active Inventory

1,260
+6.6% YoY

Median DOM

46 Days
-2.1% YoY

Primary Intelligence Tool — Sold Score™

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

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The Lexington-Fayette market exhibits very competitive conditions, driven by a pending ratio of 0.82, indicating strong demand relative to available inventory. This robust absorption rate persists despite a modest contraction in the pending ratio over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

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

Job Market

4.4%-0.1 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

535,174+0.8% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

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

Active listings have expanded by 6.6% year-over-year, yet this increase has not kept pace with demand, as evidenced by the high pending ratio. New listings declined by 3.7% year-over-year, further constraining supply. The median listing price has held relatively stable with a 0.2% year-over-year decrease, while median days on market saw a slight reduction of 2.1% over the past year, reflecting consistent buyer engagement.

Historical Analysis

Market Trends

Median Price

$399K-2.1% MoM

Active Inventory

1,260+6.6% YoY

Days on Market

46-2.1% YoY

Sold Score™

76-4.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

76
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

Current dynamics suggest an environment where inventory absorption is rapid, placing significant pressure on available properties. The elevated pending ratio indicates that buyers face a swift pace in securing properties, which generally supports price discipline. Intense competition for listings can limit negotiation flexibility.

Luxury Segment

The average listing price declined by 2.4% year-over-year, while the median listing price saw a minor 0.2% decrease over the same period. This differential suggests some relative softness in the higher price tiers, though median $/sqft saw a 2.0% increase. The elevated spread between average and median pricing may signal a divergence in demand across price points.

Supply Dynamics

1,260 active listings represent the current floor, with new supply arriving at roughly 632 per month.

Pricing Pressure
21.0%

of active listings carry a price reduction, +3.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.0% year-over-year.

Absorption
0.82

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Lexington-Fayette, KY? Buyer Demand Index is running at 82%.

Demand in Lexington-Fayette, KY is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
82%
Median Days on Market
46 days
Inventory YoY
+7%

Demand is strong in Lexington-Fayette, KY. Check your Sold Score before you price — conditions this favorable don't hold forever.

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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